Real Estate Appreciation for Bridgeport Stamford Norwalk, Connecticut: + 1.18%
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 + 1.18% (+ 0.59% yearly) from 1994 to 1995.
During the same time period, CT had - 1.59% (- 0.80% 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 |
| 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% |
Lets look at Botsford, Connecticut, a city located in Bridgeport Stamford Norwalk, Connecticut MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Botsford, Connecticut Refinance, or Botsford, Connecticut Reverse Mortgages, you could estimate your home value.
If you knew your Botsford, Connecticut home was worth $89,000.00 in 1994, you could multiply by + 1.18%, add the gain and see the home should be worth $90,049.89 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bridgeport-Stamford-Norwalk-CT from 1994 to 1995:
+ 0.59%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 1995 were Salt-Lake-City-UT, Provo-Orem-UT, Logan-UT-ID, Ogden-Clearfield-UT, and Flagstaff-AZ-UT .
- Salt-Lake-City-UT increased + 24.08% from 1994 to the end of 1995
- Provo-Orem-UT increased + 23.82% from 1994 to the end of 1995
- Logan-UT-ID increased + 23.20% from 1994 to the end of 1995
- Ogden-Clearfield-UT increased + 23.19% from 1994 to the end of 1995
- Flagstaff-AZ-UT increased + 22.07% from 1994 to the end of 1995
Zip Code in MSA: 6404 - BOTSFORD, CT
MSA Pop: 899152Zip Pop: 0
Avg Value: 0
County: FAIRFIELD
Elev: 9
Region: Northeast
Lat: 41.36243
Long: -73.212589