Real Estate Appreciation for Barnstable Town, Massachusettes: + 47.23%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Barnstable Town, Massachusettes MSA appreciated + 47.23% (+ 15.74% yearly) for the period between 2001 and the end of 2003.
The state had + 34.20% total appreciation (+ 11.40% yearly).
The Barnstable Town, Massachusettes MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
Barnstable-Town-MA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2001 | 2 | 176.16 | + 3.70% | + 14.79% |
| 2001 | 3 | 182.99 | + 3.88% | + 15.51% |
| 2001 | 4 | 187.81 | + 2.63% | + 10.54% |
| 2002 | 1 | 196.38 | + 4.56% | + 18.25% |
| 2002 | 2 | 205.48 | + 4.63% | + 18.54% |
| 2002 | 3 | 213.54 | + 3.92% | + 15.69% |
| 2002 | 4 | 219.52 | + 2.80% | + 11.20% |
| 2003 | 1 | 225.43 | + 2.69% | + 10.77% |
| 2003 | 2 | 230.95 | + 2.45% | + 9.79% |
| 2003 | 3 | 236.61 | + 2.45% | + 9.80% |
| 2003 | 4 | 250.11 | + 5.71% | + 22.82% |
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Barnstable-Town-MA here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Massachusettes, you can do some research at Spec-Loan.com.
If you were going to do a Buzzards Bay, Massachusettes Refinance, or Buzzards Bay, Massachusettes Reverse Mortgages, you could estimate your home value.
If you knew your Buzzards Bay, Massachusettes home was worth $104,000.00 in 2001, you could multiply by + 47.23%, add the gain and see the home should be worth $153,116.55 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Barnstable-Town-MA from 2001 to 2003:
+ 15.74%
Appreciation Comparisons
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
Zip Code in MSA: 2532 - BUZZARDS BAY, MA
MSA Pop: 229545Zip Pop: 14873
Avg Value: 153200
County: BARNSTABLE
Elev: 37
Region: Northeast
Lat: 41.74104
Long: -70.58892