Real Estate Appreciation for Bellingham, Washington: + 9.03%
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 + 9.03% (+ 2.26% yearly).
All of the property in WA averaged + 23.16% change in value (+ 5.79% yearly).
Bellingham-WA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 103.21 | - 0.97% | - 3.88% |
| 1997 | 3 | 103.7 | + 0.47% | + 1.90% |
| 1997 | 4 | 106.24 | + 2.45% | + 9.80% |
| 1998 | 1 | 106.8 | + 0.53% | + 2.11% |
| 1998 | 2 | 107.25 | + 0.42% | + 1.69% |
| 1998 | 3 | 106.56 | - 0.64% | - 2.57% |
| 1998 | 4 | 108.44 | + 1.76% | + 7.06% |
| 1999 | 1 | 108.4 | - 0.04% | - 0.15% |
| 1999 | 2 | 108.6 | + 0.18% | + 0.74% |
| 1999 | 3 | 107.81 | - 0.73% | - 2.91% |
| 1999 | 4 | 108.9 | + 1.01% | + 4.04% |
| 2000 | 1 | 110.15 | + 1.15% | + 4.59% |
| 2000 | 2 | 111.4 | + 1.13% | + 4.54% |
| 2000 | 3 | 111.82 | + 0.38% | + 1.51% |
| 2000 | 4 | 113.63 | + 1.62% | + 6.47% |
Some of the ways peope use our appreciation data for Bellingham, Washington include real estate investment .
Lets look at Bellingham, Washington, a city located in Bellingham, Washington 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 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 $97,000.00 in 1997, you could multiply by + 9.03%, add the gain and see the home should be worth $105,758.11 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bellingham-WA from 1997 to 2000:
+ 2.26%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
Zip Code in MSA: 98225 - BELLINGHAM, WA
MSA Pop: 176571Zip Pop: 42414
Avg Value: 140500
County: WHATCOM
Elev: 60
Region: West
Lat: 48.746963
Long: -122.49594