Real Estate Appreciation for Bridgeport Stamford Norwalk, Connecticut: + 29.03%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Bridgeport Stamford Norwalk, Connecticut MSA appreciated + 29.03% (+ 9.68% yearly) for the period between 1999 and the end of 2001.
The state had + 23.26% total appreciation (+ 7.75% yearly).
The Bridgeport Stamford Norwalk, Connecticut MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
Bridgeport-Stamford-Norwalk-CT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1999 | 2 | 121.34 | + 1.78% | + 7.11% |
| 1999 | 3 | 124.48 | + 2.59% | + 10.35% |
| 1999 | 4 | 124.99 | + 0.41% | + 1.64% |
| 2000 | 1 | 130.35 | + 4.29% | + 17.15% |
| 2000 | 2 | 134.07 | + 2.85% | + 11.42% |
| 2000 | 3 | 138.03 | + 2.95% | + 11.81% |
| 2000 | 4 | 139.64 | + 1.17% | + 4.67% |
| 2001 | 1 | 143.97 | + 3.10% | + 12.40% |
| 2001 | 2 | 147.35 | + 2.35% | + 9.39% |
| 2001 | 3 | 151.11 | + 2.55% | + 10.21% |
| 2001 | 4 | 153.83 | + 1.80% | + 7.20% |
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Hawleyville, Connecticut Refinance, or Hawleyville, Connecticut Reverse Mortgages, you could estimate your home value.
If you knew your Hawleyville, Connecticut home was worth $100,000.00 in 1999, you could multiply by + 29.03%, add the gain and see the home should be worth $129,030.36 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bridgeport-Stamford-Norwalk-CT from 1999 to 2001:
+ 9.68%
Appreciation Comparisons
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
Zip Code in MSA: 6440 - HAWLEYVILLE, CT
MSA Pop: 899152Zip Pop: 0
Avg Value: 0
County: FAIRFIELD
Elev: 9
Region: Northeast
Lat: 41.43355
Long: -73.3549