Real Estate Appreciation for Athens Clarke County, Georgia: + 8.98%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Athens Clarke County, Georgia did compared to the state as a whole.
The Athens Clarke County, Georgia MSA property value change was + 8.98% (+ 4.49% yearly).
All of the property in GA averaged + 8.98% change in value (+ 4.49% yearly).
Athens-Clarke-County-GA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2005 | 2 | 173.76 | + 1.93% | + 7.72% |
| 2005 | 3 | 173.52 | - 0.14% | - 0.55% |
| 2005 | 4 | 174.96 | + 0.83% | + 3.32% |
| 2006 | 1 | 179.11 | + 2.37% | + 9.49% |
| 2006 | 2 | 177.29 | - 1.02% | - 4.06% |
| 2006 | 3 | 184.38 | + 4.00% | + 16.00% |
| 2006 | 4 | 185.78 | + 0.76% | + 3.04% |
Lets look at Bishop, Georgia, a city located in Athens Clarke County, Georgia MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Bishop, Georgia Refinance, or Bishop, Georgia Reverse Mortgages, you could estimate your home value.
If you knew your Bishop, Georgia home was worth $111,000.00 in 2005, you could multiply by + 8.98%, add the gain and see the home should be worth $120,968.97 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Athens-Clarke-County-GA from 2005 to 2006:
+ 4.49%
Appreciation Comparisons
The top 5 performing MSAs from 2005 to 2006 were Bend-OR, Boise-City-Nampa-ID, Phoenix-Mesa-Scottdale-AZ, Naples-Marco-Island-FL, and Ocala-FL .
- Bend-OR increased + 52.68% from 2005 to the end of 2006
- Boise-City-Nampa-ID increased + 43.68% from 2005 to the end of 2006
- Phoenix-Mesa-Scottdale-AZ increased + 43.40% from 2005 to the end of 2006
- Naples-Marco-Island-FL increased + 41.08% from 2005 to the end of 2006
- Ocala-FL increased + 40.98% from 2005 to the end of 2006
Zip Code in MSA: 30621 - BISHOP, GA
MSA Pop: 172232Zip Pop: 3226
Avg Value: 116200
County: OCONEE
Elev: 736
Region: South
Lat: 33.83322
Long: -83.47207