Real Estate Appreciation for Bridgeport Stamford Norwalk, Connecticut: + 4.56%
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 + 4.56% (+ 2.28% yearly).
All of the property in CT averaged + 2.98% change in value (+ 1.49% yearly).
Bridgeport-Stamford-Norwalk-CT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
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 $91,000.00 in 1995, you could multiply by + 4.56%, add the gain and see the home should be worth $95,149.60 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bridgeport-Stamford-Norwalk-CT from 1995 to 1996:
+ 2.28%
Appreciation Comparisons
The worst 5 MSAs from 1995 to 1996 were Honolulu-HI, Cumberland-MD-WV, Utica-Rome-NY, Binghamton-NY, and Madera-CA .
- Honolulu-HI decreased by - 7.92% between 1995 and 1996
- Cumberland-MD-WV decreased by - 4.44% between 1995 and 1996
- Utica-Rome-NY decreased by - 4.03% between 1995 and 1996
- Binghamton-NY decreased by - 3.46% between 1995 and 1996
- Madera-CA decreased by - 3.21% between 1995 and 1996
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
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