Real Estate Appreciation for Bridgeport Stamford Norwalk, Connecticut: + 99.39%
Appreciation for MSAs:.
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 + 99.39% (+ 24.85% yearly) from 1984 to 1987.
During the same time period, CT had + 96.06% (+ 24.01% yearly).
You can see that the Bridgeport Stamford Norwalk, Connecticut MSA experienced higher appreciation in this case.
Bridgeport-Stamford-Norwalk-CT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1984 | 2 | 60.52 | + 4.80% | + 19.19% |
| 1984 | 3 | 64.2 | + 6.08% | + 24.32% |
| 1984 | 4 | 64.97 | + 1.20% | + 4.80% |
| 1985 | 1 | 68.68 | + 5.71% | + 22.84% |
| 1985 | 2 | 72.87 | + 6.10% | + 24.40% |
| 1985 | 3 | 76.06 | + 4.38% | + 17.51% |
| 1985 | 4 | 81.05 | + 6.56% | + 26.24% |
| 1986 | 1 | 84.62 | + 4.40% | + 17.62% |
| 1986 | 2 | 92.83 | + 9.70% | + 38.81% |
| 1986 | 3 | 100.09 | + 7.82% | + 31.28% |
| 1986 | 4 | 106.62 | + 6.52% | + 26.10% |
| 1987 | 1 | 111.76 | + 4.82% | + 19.28% |
| 1987 | 2 | 113.44 | + 1.50% | + 6.01% |
| 1987 | 3 | 116.06 | + 2.31% | + 9.24% |
| 1987 | 4 | 115.15 | - 0.78% | - 3.14% |
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 $71,000.00 in 1984, you could multiply by + 99.39%, add the gain and see the home should be worth $141,569.70 in 1987. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bridgeport-Stamford-Norwalk-CT from 1984 to 1987:
+ 24.85%
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
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