Real Estate Appreciation for Bremerton Silverdale, Washington: + 57.52%
Appreciation for MSAs:.
Let's start by comparing Bremerton Silverdale, 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 + 57.52% (+ 14.38% yearly) for the Bremerton Silverdale, Washington MSA.
The entire state of WA had + 44.35% appreciation (+ 11.09% yearly).
The Bremerton Silverdale, Washington MSA beat out the state. by + 29.70% appreciation.
Bremerton-Silverdale-WA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 135.13 | + 2.04% | + 8.16% |
| 2002 | 3 | 137.51 | + 1.76% | + 7.05% |
| 2002 | 4 | 139.31 | + 1.31% | + 5.24% |
| 2003 | 1 | 140.54 | + 0.88% | + 3.53% |
| 2003 | 2 | 142.18 | + 1.17% | + 4.67% |
| 2003 | 3 | 145.19 | + 2.12% | + 8.47% |
| 2003 | 4 | 150 | + 3.31% | + 13.25% |
| 2004 | 1 | 154.05 | + 2.70% | + 10.80% |
| 2004 | 2 | 158.95 | + 3.18% | + 12.72% |
| 2004 | 3 | 168.71 | + 6.14% | + 24.56% |
| 2004 | 4 | 174.13 | + 3.21% | + 12.85% |
| 2005 | 1 | 180.11 | + 3.43% | + 13.74% |
| 2005 | 2 | 189.44 | + 5.18% | + 20.72% |
| 2005 | 3 | 200.53 | + 5.85% | + 23.42% |
| 2005 | 4 | 208.61 | + 4.03% | + 16.12% |
Some of the ways peope use our appreciation data for Bremerton Silverdale, Washington include real estate investment .
Lets look at Bainbridge Island, Washington, a city located in Bremerton Silverdale, 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 Bainbridge Island, Washington Refinance, or Bainbridge Island, Washington Reverse Mortgages, you could estimate your home value.
If you knew your Bainbridge Island, Washington home was worth $107,000.00 in 2002, you could multiply by + 57.52%, add the gain and see the home should be worth $168,551.46 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bremerton-Silverdale-WA from 2002 to 2005:
+ 14.38%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
Zip Code in MSA: 98110 - BAINBRIDGE ISLAND, WA
MSA Pop: 240719Zip Pop: 20308
Avg Value: 322400
County: KITSAP
Elev: 152
Region: West
Lat: 47.648276
Long: -122.529633