Real Estate Appreciation for Bridgeport Stamford Norwalk, Connecticut: + 16.50%
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 + 16.50% (+ 4.13% yearly).
All of the property in CT averaged + 12.09% change in value (+ 3.02% 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% |
| 1997 | 1 | 106.38 | + 1.74% | + 6.96% |
| 1997 | 2 | 107.21 | + 0.78% | + 3.12% |
| 1997 | 3 | 107.82 | + 0.57% | + 2.28% |
| 1997 | 4 | 109.04 | + 1.13% | + 4.53% |
| 1998 | 1 | 112.2 | + 2.90% | + 11.59% |
| 1998 | 2 | 112.71 | + 0.45% | + 1.82% |
| 1998 | 3 | 114.67 | + 1.74% | + 6.96% |
| 1998 | 4 | 116.5 | + 1.60% | + 6.38% |
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 $93,000.00 in 1995, you could multiply by + 16.50%, add the gain and see the home should be worth $108,345.00 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bridgeport-Stamford-Norwalk-CT from 1995 to 1998:
+ 4.13%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1995 to 1998 were Honolulu-HI, Utica-Rome-NY, Madera-CA, Albany-Schenectady-Troy-NY, and Redding-CA .
- Honolulu-HI decreased by - 13.12% between 1995 and 1998
- Utica-Rome-NY only increased + 0.14% between 1995 and 1998
- Madera-CA only increased + 2.89% between 1995 and 1998
- Albany-Schenectady-Troy-NY only increased + 3.63% between 1995 and 1998
- Redding-CA only increased + 4.10% between 1995 and 1998
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