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 + 36.02% (+ 4.00% yearly) from 1994 to 2002.

During the same time period, ME had + 55.90% (+ 6.21% yearly). From 1994 to 2002, 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
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation


Some of the ways peope use our appreciation data for Bangor, Maine include real estate investment .

Lets look at Brewer, Maine, a city located in Bangor, Maine MSA.

Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Maine check out Spec-Loan.com

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

If you knew your Brewer, Maine home was worth $96,000.00 in 1994, you could multiply by + 36.02%, add the gain and see the home should be worth $130,577.61 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bangor-ME from 1994 to 2002:
+ 4.00%

Appreciation Comparisons

For a 9 year period, the top 5 performing MSAs of all time are Salinas-CA, Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, and San-Diego-Carlsbad-San-Marcos-CA .

  1. Salinas-CA increased +251.65% from 1997 thru 2005
  2. Salinas-CA increased +229.40% from 1998 thru 2006
  3. Springfield-MA increased +229.07% from 1981 thru 1989
  4. Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
  5. San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005

The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .

  1. Midland-TX lost - 34.76% from 1982 to 1990
  2. Midland-TX lost - 32.77% from 1983 thru 1991
  3. Lafayette-LA lost - 26.59% from 1982 thru 1990
  4. Casper-WY lost - 26.42% from 1983 thru 1991
  5. Midland-TX lost - 25.57% from 1984 thru 1992

Zip Code in MSA: 4412 - BREWER, ME

MSA Pop: 146982
Zip Pop: 8987
Avg Value: 88200
County: PENOBSCOT
Elev: 158
Region: Northeast
Lat: 44.787181
Long: -68.75276