Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Atlantic City, New Jersey MSA appreciation it was + 38.75% (+ 19.37% yearly) from 2004 to 2005.

During the same time period, NJ had + 31.12% (+ 15.56% yearly). You can see that the Atlantic City, New Jersey MSA experienced higher appreciation in this case.

Atlantic-City-NJ

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2004 2 191.72 + 3.62% + 14.46%
2004 3 205.64 + 7.26% + 29.04%
2004 4 212.82 + 3.49% + 13.97%
2005 1 219.69 + 3.23% + 12.91%
2005 2 236.5 + 7.65% + 30.61%
2005 3 245.03 + 3.61% + 14.43%
2005 4 256.72 + 4.77% + 19.08%


There are a lot of ways to use the appreciation data for Atlantic City, New Jersey .

Lets look at Hammonton, New Jersey, a city located in Atlantic City, New Jersey 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 Hammonton, New Jersey check out Spec-Loan.com

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 $109,000.00 in 2004, you could multiply by + 38.75%, add the gain and see the home should be worth $151,232.12 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Atlantic-City-NJ from 2004 to 2005:
+ 19.37%

Appreciation Comparisons

For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 8037 - HAMMONTON, NJ

MSA Pop: 263410
Zip Pop: 22461
Avg Value: 120600
County: ATLANTIC
Elev: 12
Region: Northeast
Lat: 39.629954
Long: -74.770143