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 Boston Quincy, Massachusettes MSA appreciated + 52.38% (+ 13.10% yearly) for the period between 2001 and the end of 2004.

The state had + 48.99% total appreciation (+ 12.25% yearly). The Boston Quincy, 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.

Boston-Quincy-MA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2001 2 173.38 + 3.04% + 12.17%
2001 3 179.01 + 3.25% + 12.99%
2001 4 183.18 + 2.33% + 9.32%
2002 1 189.35 + 3.37% + 13.47%
2002 2 196.5 + 3.78% + 15.10%
2002 3 202.87 + 3.24% + 12.97%
2002 4 207.93 + 2.49% + 9.98%
2003 1 212.52 + 2.21% + 8.83%
2003 2 216.41 + 1.83% + 7.32%
2003 3 220.3 + 1.80% + 7.19%
2003 4 230.8 + 4.77% + 19.06%
2004 1 234.48 + 1.59% + 6.38%
2004 2 239.87 + 2.30% + 9.19%
2004 3 251.84 + 4.99% + 19.96%
2004 4 256.4 + 1.81% + 7.24%