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 + 68.68% (+ 17.17% yearly) for the Bellingham, Washington MSA.

The entire state of WA had + 44.35% appreciation (+ 11.09% yearly). The Bellingham, Washington MSA beat out the state. by + 54.85% appreciation.

Bellingham-WA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
2005 1 177.16 + 2.86% + 11.45%
2005 2 188.53 + 6.42% + 25.67%
2005 3 197.27 + 4.64% + 18.54%
2005 4 207.04 + 4.95% + 19.81%


Lets look at Bellingham, Washington, a city located in Bellingham, Washington MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans 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 $107,000.00 in 2002, you could multiply by + 68.68%, add the gain and see the home should be worth $180,489.49 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bellingham-WA from 2002 to 2005:
+ 17.17%

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 .

  1. Bakersfield-CA increased +116.36% from 2002 thru 2005
  2. Fresno-CA increased +116.09% from 2002 thru 2005
  3. Madera-CA increased +114.32% from 2002 thru 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
  5. Bakersfield-CA increased +110.89% from 2003 thru 2006

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

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