Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Bellingham, Washington did compared to the state as a whole.

The Bellingham, Washington MSA property value change was + 69.34% (+ 17.34% yearly).

All of the property in WA averaged + 51.16% change in value (+ 12.79% yearly).

Bellingham-WA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1987 2 47.61 + 1.99% + 7.97%
1987 3 46.39 - 2.56% - 10.25%
1987 4 47 + 1.31% + 5.26%
1988 1 48.63 + 3.47% + 13.87%
1988 2 48.98 + 0.72% + 2.88%
1988 3 50.95 + 4.02% + 16.09%
1988 4 52.63 + 3.30% + 13.19%
1989 1 54.53 + 3.61% + 14.44%
1989 2 57.18 + 4.86% + 19.44%
1989 3 61.12 + 6.89% + 27.56%
1989 4 63.33 + 3.62% + 14.46%
1990 1 68.44 + 8.07% + 32.28%
1990 2 73.81 + 7.85% + 31.39%
1990 3 78.16 + 5.89% + 23.57%
1990 4 79.05 + 1.14% + 4.55%


There are a lot of ways to use the appreciation data for Bellingham, Washington .

Lets look at Bellingham, Washington, a city located in Bellingham, Washington 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 Bellingham, Washington check out Spec-Loan.com

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

If you knew your Bellingham, Washington home was worth $77,000.00 in 1987, you could multiply by + 69.34%, add the gain and see the home should be worth $130,395.24 in 1990. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bellingham-WA from 1987 to 1990:
+ 17.34%

Appreciation Comparisons

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

The top 5 performing MSAs from 1987 to 1990 were Honolulu-HI, Bellingham-WA, Santa-Rosa-Petaluma-CA, San-Luis-Obispo-Paso-Robles-CA, and Santa-Cruz-Watsonville-CA .

  1. Honolulu-HI increased +101.92% from 1987 to the end of 1990
  2. Bellingham-WA increased + 69.34% from 1987 to the end of 1990
  3. Santa-Rosa-Petaluma-CA increased + 69.20% from 1987 to the end of 1990
  4. San-Luis-Obispo-Paso-Robles-CA increased + 67.63% from 1987 to the end of 1990
  5. Santa-Cruz-Watsonville-CA increased + 66.41% from 1987 to the end of 1990

Zip Code in MSA: 98225 - BELLINGHAM, WA

MSA Pop: 176571
Zip Pop: 42414
Avg Value: 140500
County: WHATCOM
Elev: 60
Region: West
Lat: 48.746963
Long: -122.49594