Real Estate Appreciation for Bridgeport Stamford Norwalk, Connecticut: + 18.68%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Bridgeport Stamford Norwalk, Connecticut MSA appreciation it was + 18.68% (+ 4.67% yearly) from 1980 to 1983.
During the same time period, CT had + 27.45% (+ 6.86% yearly).
From 1980 to 1983, Connecticut outperformed the individual Bridgeport Stamford Norwalk, Connecticut MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Bridgeport-Stamford-Norwalk-CT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1980 | 2 | 44.39 | - 3.02% | - 12.06% |
| 1980 | 3 | 45.14 | + 1.69% | + 6.76% |
| 1980 | 4 | 45.47 | + 0.73% | + 2.92% |
| 1981 | 1 | 45.51 | + 0.09% | + 0.35% |
| 1981 | 2 | 48.37 | + 6.28% | + 25.14% |
| 1981 | 3 | 52.33 | + 8.19% | + 32.75% |
| 1981 | 4 | 50.59 | - 3.33% | - 13.30% |
| 1982 | 1 | 50.7 | + 0.22% | + 0.87% |
| 1982 | 2 | 50.46 | - 0.47% | - 1.89% |
| 1982 | 3 | 49.15 | - 2.60% | - 10.38% |
| 1982 | 4 | 50.22 | + 2.18% | + 8.71% |
| 1983 | 1 | 52.08 | + 3.70% | + 14.81% |
| 1983 | 2 | 51.89 | - 0.36% | - 1.46% |
| 1983 | 3 | 53.18 | + 2.49% | + 9.94% |
| 1983 | 4 | 54.32 | + 2.14% | + 8.57% |
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Bridgeport-Stamford-Norwalk-CT here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Connecticut, you can do some research at Spec-Loan.com.
If you were going to do a Monroe, Connecticut Refinance, or Monroe, Connecticut Reverse Mortgages, you could estimate your home value.
If you knew your Monroe, Connecticut home was worth $63,000.00 in 1980, you could multiply by + 18.68%, add the gain and see the home should be worth $74,768.63 in 1983. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bridgeport-Stamford-Norwalk-CT from 1980 to 1983:
+ 4.67%
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
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
Zip Code in MSA: 6468 - MONROE, CT
MSA Pop: 899152Zip Pop: 19247
Avg Value: 253500
County: FAIRFIELD
Elev: 9
Region: Northeast
Lat: 41.3409
Long: -73.23444