Real Estate Appreciation for Atlantic City, New Jersey: + 25.86%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Atlantic City, New Jersey did compared to the state as a whole.
The Atlantic City, New Jersey MSA property value change was + 25.86% (+ 12.93% yearly).
All of the property in NJ averaged + 18.32% change in value (+ 9.16% yearly).
Atlantic-City-NJ
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2005 | 2 | 236.5 | + 7.65% | + 30.61% |
| 2005 | 3 | 245.03 | + 3.61% | + 14.43% |
| 2005 | 4 | 256.72 | + 4.77% | + 19.08% |
| 2006 | 1 | 264.45 | + 3.01% | + 12.04% |
| 2006 | 2 | 272.18 | + 2.92% | + 11.69% |
| 2006 | 3 | 276.5 | + 1.59% | + 6.35% |
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 $111,000.00 in 2005, you could multiply by + 25.86%, add the gain and see the home should be worth $139,703.67 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Atlantic-City-NJ from 2005 to 2006:
+ 12.93%
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 .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- 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 .
- 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
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