Real Estate Appreciation for Bridgeport Stamford Norwalk, Connecticut: + 17.58%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Bridgeport Stamford Norwalk, Connecticut: + 17.58%
- State of CT: + 12.35%
- Difference: + 42.34%
Bridgeport-Stamford-Norwalk-CT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1999 | 1 | 119.22 | + 2.33% | + 9.34% |
| 1999 | 2 | 121.34 | + 1.78% | + 7.11% |
| 1999 | 3 | 124.48 | + 2.59% | + 10.35% |
| 1999 | 4 | 124.99 | + 0.41% | + 1.64% |
Lets look at Monroe, 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 Monroe, Connecticut Refinance, or Monroe, Connecticut Reverse Mortgages, you could estimate your home value.
If you knew your Monroe, Connecticut home was worth $95,000.00 in 1996, you could multiply by + 17.58%, add the gain and see the home should be worth $111,703.20 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bridgeport-Stamford-Norwalk-CT from 1996 to 1999:
+ 4.40%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
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