Real Estate Appreciation for Atlantic City, New Jersey: - 1.82%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Atlantic City, New Jersey MSA appreciated - 1.82% (- 0.45% yearly) between 1993 and the end of 1996.
The state of NJ had + 1.73% total appreciation (+ 0.43% yearly).
The state average for New Jersey was higher than the real estate appreciation in the Atlantic City, New Jersey MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated -195.35% faster than this MSA.
Atlantic-City-NJ
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 107.35 | + 1.61% | + 6.44% |
| 1993 | 3 | 106.97 | - 0.35% | - 1.42% |
| 1993 | 4 | 107.18 | + 0.20% | + 0.79% |
| 1994 | 1 | 105.18 | - 1.87% | - 7.46% |
| 1994 | 2 | 105.25 | + 0.07% | + 0.27% |
| 1994 | 3 | 101.87 | - 3.21% | - 12.85% |
| 1994 | 4 | 99.26 | - 2.56% | - 10.25% |
| 1995 | 1 | 100 | + 0.75% | + 2.98% |
| 1995 | 2 | 101.31 | + 1.31% | + 5.24% |
| 1995 | 3 | 104.92 | + 3.56% | + 14.25% |
| 1995 | 4 | 103.96 | - 0.91% | - 3.66% |
| 1996 | 1 | 106.09 | + 2.05% | + 8.20% |
| 1996 | 2 | 101.96 | - 3.89% | - 15.57% |
| 1996 | 3 | 104.63 | + 2.62% | + 10.47% |
| 1996 | 4 | 103.73 | - 0.86% | - 3.44% |
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If you were going to do a Hammonton, New Jersey Refinance, or Hammonton, New Jersey Reverse Mortgages, you could estimate your home value.
If you knew your Hammonton, New Jersey home was worth $89,000.00 in 1993, you could multiply by - 1.82%, add the gain and see the home should be worth $87,382.58 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Atlantic-City-NJ from 1993 to 1996:
- 0.45%
Appreciation Comparisons
The worst 5 MSAs from 1993 to 1996 were Riverside-San-Bernardino-Ontario-CA, Binghamton-NY, Kingston-NY, Utica-Rome-NY, and Sacramento-Arden-Arcade-Roseville-CA .
- Riverside-San-Bernardino-Ontario-CA decreased by - 15.31% between 1993 and 1996
- Binghamton-NY decreased by - 14.87% between 1993 and 1996
- Kingston-NY decreased by - 13.20% between 1993 and 1996
- Utica-Rome-NY decreased by - 9.87% between 1993 and 1996
- Sacramento-Arden-Arcade-Roseville-CA decreased by - 9.65% between 1993 and 1996
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
Zip Code in MSA: 8037 - HAMMONTON, NJ
MSA Pop: 263410Zip Pop: 22461
Avg Value: 120600
County: ATLANTIC
Elev: 12
Region: Northeast
Lat: 39.629954
Long: -74.770143