Real Estate Appreciation for Bridgeport Stamford Norwalk, Connecticut: +127.12%
Appreciation for MSAs:.
Let's start by comparing Bridgeport Stamford Norwalk, Connecticut 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 +127.12% (+ 21.19% yearly) for the Bridgeport Stamford Norwalk, Connecticut MSA.
The entire state of CT had +128.82% appreciation (+ 21.47% yearly).
The state average for Connecticut was higher than the real estate appreciation in the Bridgeport Stamford Norwalk, Connecticut MSA. This means the conditions in the MSA for real estate investment were worse by + 1.33%.
Bridgeport-Stamford-Norwalk-CT
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1984-1987 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Bridgeport Stamford Norwalk, Connecticut .
Lets look at Monroe, Connecticut, a city located in Bridgeport Stamford Norwalk, Connecticut 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 Monroe, Connecticut check out 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 $69,000.00 in 1982, you could multiply by +127.12%, add the gain and see the home should be worth $156,713.02 in 1987. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bridgeport-Stamford-Norwalk-CT from 1982 to 1987:
+ 21.19%
Appreciation Comparisons
The top 5 performing MSAs from 1982 to 1987 were Worcester-MA, Providence-New-Bedford-Fall-River-RI-MA, Bridgeport-Stamford-Norwalk-CT, Albany-Schenectady-Troy-NY, and Allentown-Bethlehem-Easton-PA-NJ .
- Worcester-MA increased +164.50% from 1982 to the end of 1987
- Providence-New-Bedford-Fall-River-RI-MA increased +155.83% from 1982 to the end of 1987
- Bridgeport-Stamford-Norwalk-CT increased +127.12% from 1982 to the end of 1987
- Albany-Schenectady-Troy-NY increased +108.48% from 1982 to the end of 1987
- Allentown-Bethlehem-Easton-PA-NJ increased + 96.08% from 1982 to the end of 1987
In contrast, the worst 5 MSAs from 1982 to 1987 were Lafayette-LA, Midland-TX, Grand-Junction-CO, Houston-Sugar-Land-Baytown-TX, and Anchorage-AK .
- Lafayette-LA decreased by - 37.78% between 1982 and 1987
- Midland-TX decreased by - 31.15% between 1982 and 1987
- Grand-Junction-CO decreased by - 27.49% between 1982 and 1987
- Houston-Sugar-Land-Baytown-TX decreased by - 23.37% between 1982 and 1987
- Anchorage-AK decreased by - 21.65% between 1982 and 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