Real Estate Appreciation for Bridgeport Stamford Norwalk, Connecticut: + 87.49%
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: + 87.49%
- State of CT: + 74.29%
- Difference: + 17.77%
Bridgeport-Stamford-Norwalk-CT
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Bridgeport Stamford Norwalk, Connecticut .
Lets look at Newtown, Connecticut, a city located in Bridgeport Stamford Norwalk, Connecticut MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Newtown, Connecticut check out Spec-Loan.com
If you were going to do a Newtown, Connecticut Refinance, or Newtown, Connecticut Reverse Mortgages, you could estimate your home value.
If you knew your Newtown, Connecticut home was worth $102,000.00 in 1998, you could multiply by + 87.49%, add the gain and see the home should be worth $191,236.36 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bridgeport-Stamford-Norwalk-CT from 1998 to 2004:
+ 12.50%
Appreciation Comparisons
The worst 5 MSAs from 1998 to 2004 were Ogden-Clearfield-UT, Jackson-TN, Columbus-IN, Provo-Orem-UT, and Lafayette-IN .
- Ogden-Clearfield-UT only increased + 12.00% between 1998 and 2004
- Jackson-TN only increased + 14.01% between 1998 and 2004
- Columbus-IN only increased + 14.05% between 1998 and 2004
- Provo-Orem-UT only increased + 15.85% between 1998 and 2004
- Lafayette-IN only increased + 16.85% between 1998 and 2004
For a 7 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Merced-CA, Naples-Marco-Island-FL, and Vallejo-Fairfield-CA .
- Salinas-CA increased +208.13% from 1999 thru 2005
- Springfield-MA increased +199.02% from 1981 thru 1987
- Merced-CA increased +193.70% from 1999 thru 2005
- Naples-Marco-Island-FL increased +186.53% from 1999 thru 2005
- Vallejo-Fairfield-CA increased +185.64% from 1999 thru 2005
The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .
- Lafayette-LA lost - 40.40% from 1982 to 1988
- Casper-WY lost - 35.78% from 1983 thru 1989
- Midland-TX lost - 32.81% from 1983 thru 1989
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
Zip Code in MSA: 6470 - NEWTOWN, CT
MSA Pop: 899152Zip Pop: 14709
Avg Value: 271800
County: FAIRFIELD
Elev: 9
Region: Northeast
Lat: 41.393943
Long: -73.314472