Real Estate Appreciation for Bridgeport Stamford Norwalk, Connecticut: + 64.66%
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 + 64.66% (+ 12.93% yearly) for the period between 2001 and the end of 2005.
The state had + 61.98% total appreciation (+ 12.40% 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
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Bridgeport Stamford Norwalk, Connecticut .
Lets look at Monroe, 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 Monroe, 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 $106,000.00 in 2001, you could multiply by + 64.66%, add the gain and see the home should be worth $174,538.86 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bridgeport-Stamford-Norwalk-CT from 2001 to 2005:
+ 12.93%
Appreciation Comparisons
The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .
- Casper-WY lost - 42.34% from 1983 to 1987
- Lafayette-LA lost - 39.59% from 1983 thru 1987
- Lafayette-LA lost - 37.20% from 1984 thru 1988
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
The top 5 performing MSAs from 2001 to 2005 were Fresno-CA, Madera-CA, Yuba-City-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Fresno-CA increased +137.23% from 2001 to the end of 2005
- Madera-CA increased +136.99% from 2001 to the end of 2005
- Yuba-City-CA increased +136.08% from 2001 to the end of 2005
- Riverside-San-Bernardino-Ontario-CA increased +133.38% from 2001 to the end of 2005
- Bakersfield-CA increased +131.89% from 2001 to the end of 2005
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