Real Estate Appreciation for Bridgeport Stamford Norwalk, Connecticut: + 64.76%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Bridgeport Stamford Norwalk, Connecticut did compared to the state as a whole.
The Bridgeport Stamford Norwalk, Connecticut MSA property value change was + 64.76% (+ 16.19% yearly).
All of the property in CT averaged + 79.27% change in value (+ 19.82% yearly).
Bridgeport-Stamford-Norwalk-CT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1988 | 1 | 117.18 | + 1.76% | + 7.05% |
| 1988 | 2 | 114.3 | - 2.46% | - 9.83% |
| 1988 | 3 | 114.21 | - 0.08% | - 0.31% |
| 1988 | 4 | 113.16 | - 0.92% | - 3.68% |
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 $73,000.00 in 1985, you could multiply by + 64.76%, add the gain and see the home should be worth $120,277.81 in 1988. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bridgeport-Stamford-Norwalk-CT from 1985 to 1988:
+ 16.19%
Appreciation Comparisons
The top 5 performing MSAs from 1985 to 1988 were Providence-New-Bedford-Fall-River-RI-MA, Springfield-MA, New-Haven-Milford-CT, Hartford-West-Hartford-East-Hartford-CT, and Poughkeepsie-Newburgh-Middletown-NY .
- Providence-New-Bedford-Fall-River-RI-MA increased + 92.26% from 1985 to the end of 1988
- Springfield-MA increased + 86.44% from 1985 to the end of 1988
- New-Haven-Milford-CT increased + 85.97% from 1985 to the end of 1988
- Hartford-West-Hartford-East-Hartford-CT increased + 85.67% from 1985 to the end of 1988
- Poughkeepsie-Newburgh-Middletown-NY increased + 78.43% from 1985 to the end of 1988
In contrast, the worst 5 MSAs from 1985 to 1988 were Lafayette-LA, Austin-Round-Rock-TX, Oklahoma-City-OK, Odessa-TX, and Casper-WY .
- Lafayette-LA decreased by - 34.71% between 1985 and 1988
- Austin-Round-Rock-TX decreased by - 22.05% between 1985 and 1988
- Oklahoma-City-OK decreased by - 21.73% between 1985 and 1988
- Odessa-TX decreased by - 18.24% between 1985 and 1988
- Casper-WY decreased by - 16.99% between 1985 and 1988
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