Real Estate Appreciation for Bridgeport Stamford Norwalk, Connecticut: + 2.31%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Bridgeport Stamford Norwalk, Connecticut MSA appreciated + 2.31% (+ 0.58% yearly) between 1993 and the end of 1996.
The state of CT had - 2.68% total appreciation (- 0.67% yearly).
The Bridgeport Stamford Norwalk, Connecticut MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated -186.32% faster than the state as a whole.
Bridgeport-Stamford-Norwalk-CT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 103.14 | + 0.92% | + 3.68% |
| 1993 | 3 | 103.34 | + 0.19% | + 0.78% |
| 1993 | 4 | 103.57 | + 0.22% | + 0.89% |
| 1994 | 1 | 103.42 | - 0.14% | - 0.58% |
| 1994 | 2 | 101.86 | - 1.51% | - 6.03% |
| 1994 | 3 | 101.61 | - 0.25% | - 0.98% |
| 1994 | 4 | 100.68 | - 0.92% | - 3.66% |
| 1995 | 1 | 100 | - 0.68% | - 2.70% |
| 1995 | 2 | 101.46 | + 1.46% | + 5.84% |
| 1995 | 3 | 103.58 | + 2.09% | + 8.36% |
| 1995 | 4 | 104.64 | + 1.02% | + 4.09% |
| 1996 | 1 | 106.3 | + 1.59% | + 6.35% |
| 1996 | 2 | 104.51 | - 1.68% | - 6.74% |
| 1996 | 3 | 104.7 | + 0.18% | + 0.73% |
| 1996 | 4 | 104.56 | - 0.13% | - 0.53% |
Some of the ways peope use our appreciation data for Bridgeport Stamford Norwalk, Connecticut include real estate investment .
Lets look at Monroe, Connecticut, a city located in Bridgeport Stamford Norwalk, Connecticut 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 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 $89,000.00 in 1993, you could multiply by + 2.31%, add the gain and see the home should be worth $91,055.19 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bridgeport-Stamford-Norwalk-CT from 1993 to 1996:
+ 0.58%
Appreciation Comparisons
The worst 5 MSAs from 1993 to 1996 were Riverside-San-Bernardino-Ontario-CA, Binghamton-NY, Kingston-NY, Utica-Rome-NY, and Sacramento-Arden-Arcade-Roseville-CA .
- Riverside-San-Bernardino-Ontario-CA decreased by - 15.31% between 1993 and 1996
- Binghamton-NY decreased by - 14.87% between 1993 and 1996
- Kingston-NY decreased by - 13.20% between 1993 and 1996
- Utica-Rome-NY decreased by - 9.87% between 1993 and 1996
- Sacramento-Arden-Arcade-Roseville-CA decreased by - 9.65% between 1993 and 1996
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