Real Estate Appreciation for Baltimore Towson, Maryland: + 45.71%
Appreciation for MSAs:.
Let's start by comparing Baltimore Towson, Maryland to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 45.71% (+ 15.24% yearly) for the Baltimore Towson, Maryland MSA.
The entire state of MD had + 46.58% appreciation (+ 15.53% yearly).
The state average for Maryland was higher than the real estate appreciation in the Baltimore Towson, Maryland MSA. This means the conditions in the MSA for real estate investment were worse by + 1.90%.
Baltimore-Towson-MD
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 137.07 | + 3.04% | + 12.15% |
| 2002 | 3 | 140.98 | + 2.85% | + 11.41% |
| 2002 | 4 | 143.7 | + 1.93% | + 7.72% |
| 2003 | 1 | 146.65 | + 2.05% | + 8.21% |
| 2003 | 2 | 149.69 | + 2.07% | + 8.29% |
| 2003 | 3 | 154.02 | + 2.89% | + 11.57% |
| 2003 | 4 | 163.01 | + 5.84% | + 23.35% |
| 2004 | 1 | 167.37 | + 2.67% | + 10.70% |
| 2004 | 2 | 174.65 | + 4.35% | + 17.40% |
| 2004 | 3 | 187.06 | + 7.11% | + 28.42% |
| 2004 | 4 | 193.84 | + 3.62% | + 14.50% |
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Annapolis Junction, Maryland click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Baltimore Towson, Maryland.
If you were going to do a Annapolis Junction, Maryland Refinance, or Annapolis Junction, Maryland Reverse Mortgages, you could estimate your home value.
If you knew your Annapolis Junction, Maryland home was worth $106,000.00 in 2002, you could multiply by + 45.71%, add the gain and see the home should be worth $154,454.18 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Baltimore-Towson-MD from 2002 to 2004:
+ 15.24%
Appreciation Comparisons
The top 5 performing MSAs from 2002 to 2004 were Riverside-San-Bernardino-Ontario-CA, Fresno-CA, Madera-CA, Yuba-City-CA, and Bakersfield-CA .
- Riverside-San-Bernardino-Ontario-CA increased + 73.90% from 2002 to the end of 2004
- Fresno-CA increased + 73.13% from 2002 to the end of 2004
- Madera-CA increased + 71.44% from 2002 to the end of 2004
- Yuba-City-CA increased + 68.71% from 2002 to the end of 2004
- Bakersfield-CA increased + 67.56% from 2002 to the end of 2004
Zip Code in MSA: 20701 - ANNAPOLIS JUNCTION, MD
MSA Pop: 2616229Zip Pop: 40
Avg Value: 187500
County: HOWARD
Elev: 233
Region: South
Lat: 39.12037
Long: -76.79082