Real Estate Appreciation for Bellingham, Washington: + 40.32%
Appreciation for MSAs:.
Let's start by comparing Bellingham, Washington to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 40.32% (+ 13.44% yearly) for the Bellingham, Washington MSA.
The entire state of WA had + 21.52% appreciation (+ 7.17% yearly).
The Bellingham, Washington MSA beat out the state. by + 87.37% appreciation.
Bellingham-WA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 123.15 | + 0.33% | + 1.34% |
| 2002 | 3 | 126.27 | + 2.53% | + 10.13% |
| 2002 | 4 | 127.16 | + 0.70% | + 2.82% |
| 2003 | 1 | 129.65 | + 1.96% | + 7.83% |
| 2003 | 2 | 132.29 | + 2.04% | + 8.15% |
| 2003 | 3 | 136.43 | + 3.13% | + 12.52% |
| 2003 | 4 | 143.17 | + 4.94% | + 19.76% |
| 2004 | 1 | 147.87 | + 3.28% | + 13.13% |
| 2004 | 2 | 154.44 | + 4.44% | + 17.77% |
| 2004 | 3 | 164.01 | + 6.20% | + 24.79% |
| 2004 | 4 | 172.23 | + 5.01% | + 20.05% |
There are a lot of ways to use the appreciation data for Bellingham, Washington .
Lets look at Acme, 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 Acme, Washington check out Spec-Loan.com
If you were going to do a Acme, Washington Refinance, or Acme, Washington Reverse Mortgages, you could estimate your home value.
If you knew your Acme, Washington home was worth $106,000.00 in 2002, you could multiply by + 40.32%, add the gain and see the home should be worth $148,740.26 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bellingham-WA from 2002 to 2004:
+ 13.44%
Appreciation Comparisons
The top 5 performing MSAs from 2002 to 2004 were Riverside-San-Bernardino-Ontario-CA, Fresno-CA, Madera-CA, Yuba-City-CA, and Bakersfield-CA .
- Riverside-San-Bernardino-Ontario-CA increased + 73.90% from 2002 to the end of 2004
- Fresno-CA increased + 73.13% from 2002 to the end of 2004
- Madera-CA increased + 71.44% from 2002 to the end of 2004
- Yuba-City-CA increased + 68.71% from 2002 to the end of 2004
- Bakersfield-CA increased + 67.56% from 2002 to the end of 2004
Zip Code in MSA: 98220 - ACME, WA
MSA Pop: 176571Zip Pop: 648
Avg Value: 114000
County: WHATCOM
Elev: 60
Region: West
Lat: 48.688388
Long: -122.195883