Appreciation for MSAs:.

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

If we analyze Bangor, Maine MSA appreciation it was + 25.84% (+ 3.23% yearly) from 1994 to 2001.

During the same time period, ME had + 41.36% (+ 5.17% yearly). From 1994 to 2001, Maine outperformed the individual Bangor, Maine MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Bangor-ME

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Bangor, Maine .

Lets look at Bradley, Maine, a city located in Bangor, Maine 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 Bradley, Maine check out Spec-Loan.com

If you were going to do a Bradley, Maine Refinance, or Bradley, Maine Reverse Mortgages, you could estimate your home value.

If you knew your Bradley, Maine home was worth $95,000.00 in 1994, you could multiply by + 25.84%, add the gain and see the home should be worth $119,547.90 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bangor-ME from 1994 to 2001:
+ 3.23%

Appreciation Comparisons

The top 5 performing MSAs from 1994 to 2001 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Denver-Aurora-CO, Barnstable-Town-MA, and Boulder-CO .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased +101.92% from 1994 to the end of 2001
  2. Santa-Cruz-Watsonville-CA increased + 90.40% from 1994 to the end of 2001
  3. Denver-Aurora-CO increased + 90.13% from 1994 to the end of 2001
  4. Barnstable-Town-MA increased + 84.94% from 1994 to the end of 2001
  5. Boulder-CO increased + 84.59% from 1994 to the end of 2001

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 .

  1. Salinas-CA increased +233.30% from 1998 thru 2005
  2. Springfield-MA increased +225.43% from 1981 thru 1988
  3. Naples-Marco-Island-FL increased +209.59% from 1999 thru 2006
  4. Salinas-CA increased +204.52% from 1999 thru 2006
  5. Naples-Marco-Island-FL increased +202.95% from 1998 thru 2005

Zip Code in MSA: 4411 - BRADLEY, ME

MSA Pop: 146982
Zip Pop: 1242
Avg Value: 74000
County: PENOBSCOT
Elev: 158
Region: Northeast
Lat: 44.912591
Long: -68.624394