Real Estate Appreciation for Atlanta Sandy Springs Marietta, Georgia: + 13.10%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Atlanta Sandy Springs Marietta, Georgia did compared to the state as a whole.
The Atlanta Sandy Springs Marietta, Georgia MSA property value change was + 13.10% (+ 6.55% yearly).
All of the property in GA averaged + 11.43% change in value (+ 5.72% yearly).
Atlanta-Sandy-Springs-Marietta-GA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 112.56 | + 1.59% | + 6.35% |
| 1997 | 3 | 115.14 | + 2.29% | + 9.17% |
| 1997 | 4 | 116.98 | + 1.60% | + 6.39% |
| 1998 | 1 | 119.24 | + 1.93% | + 7.73% |
| 1998 | 2 | 120.95 | + 1.43% | + 5.74% |
| 1998 | 3 | 123.5 | + 2.11% | + 8.43% |
| 1998 | 4 | 125.31 | + 1.47% | + 5.86% |
There are a lot of ways to use the appreciation data for Atlanta Sandy Springs Marietta, Georgia .
Lets look at Norcross, Georgia, a city located in Atlanta Sandy Springs Marietta, Georgia MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Norcross, Georgia check out Spec-Loan.com
If you were going to do a Norcross, Georgia Refinance, or Norcross, Georgia Reverse Mortgages, you could estimate your home value.
If you knew your Norcross, Georgia home was worth $95,000.00 in 1997, you could multiply by + 13.10%, add the gain and see the home should be worth $107,440.88 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Atlanta-Sandy-Springs-Marietta-GA from 1997 to 1998:
+ 6.55%
Appreciation Comparisons
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
The top 5 performing MSAs from 1997 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, San-Diego-Carlsbad-San-Marcos-CA, Gadsden-AL, and Waterloo-Cedar-Falls-IA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 24.79% from 1997 to the end of 1998
- Santa-Cruz-Watsonville-CA increased + 20.64% from 1997 to the end of 1998
- San-Diego-Carlsbad-San-Marcos-CA increased + 16.27% from 1997 to the end of 1998
- Gadsden-AL increased + 14.96% from 1997 to the end of 1998
- Waterloo-Cedar-Falls-IA increased + 13.76% from 1997 to the end of 1998
Zip Code in MSA: 30003 - NORCROSS, GA
MSA Pop: 4610032Zip Pop: 0
Avg Value: 0
County: GWINNETT
Elev: 1031
Region: South
Lat: 33.68081
Long: -84.00732