Real Estate Appreciation for Baltimore Towson, Maryland: + 84.91%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Baltimore Towson, Maryland did compared to the state as a whole.
The Baltimore Towson, Maryland MSA property value change was + 84.91% (+ 10.61% yearly).
All of the property in MD averaged + 87.92% change in value (+ 10.99% yearly).
Baltimore-Towson-MD
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Laurel, Maryland Refinance, or Laurel, Maryland Reverse Mortgages, you could estimate your home value.
If you knew your Laurel, Maryland home was worth $101,000.00 in 1997, you could multiply by + 84.91%, add the gain and see the home should be worth $186,757.99 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Baltimore-Towson-MD from 1997 to 2004:
+ 10.61%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 2004 were San-Diego-Carlsbad-San-Marcos-CA, Salinas-CA, Napa-CA, Barnstable-Town-MA, and San-Luis-Obispo-Paso-Robles-CA .
- San-Diego-Carlsbad-San-Marcos-CA increased +186.77% from 1997 to the end of 2004
- Salinas-CA increased +182.20% from 1997 to the end of 2004
- Napa-CA increased +169.41% from 1997 to the end of 2004
- Barnstable-Town-MA increased +166.30% from 1997 to the end of 2004
- San-Luis-Obispo-Paso-Robles-CA increased +164.73% from 1997 to the end of 2004
For a 8 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, Salinas-CA, and Naples-Marco-Island-FL .
- Salinas-CA increased +233.30% from 1998 thru 2005
- Springfield-MA increased +225.43% from 1981 thru 1988
- Naples-Marco-Island-FL increased +209.59% from 1999 thru 2006
- Salinas-CA increased +204.52% from 1999 thru 2006
- Naples-Marco-Island-FL increased +202.95% from 1998 thru 2005
Zip Code in MSA: 20724 - LAUREL, MD
MSA Pop: 2616229Zip Pop: 13032
Avg Value: 144300
County: ANNE ARUNDEL
Elev: 41
Region: South
Lat: 39.094674
Long: -76.818916