Real Estate Appreciation for Bridgeport Stamford Norwalk, Connecticut: + 50.50%
Appreciation for MSAs:.
Let's start by comparing Bridgeport Stamford Norwalk, Connecticut to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 50.50% (+ 12.62% yearly) for the Bridgeport Stamford Norwalk, Connecticut MSA.
The entire state of CT had + 48.90% appreciation (+ 12.23% yearly).
The Bridgeport Stamford Norwalk, Connecticut MSA beat out the state. by + 3.26% appreciation.
Bridgeport-Stamford-Norwalk-CT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 162.39 | + 3.09% | + 12.37% |
| 2002 | 3 | 166.77 | + 2.70% | + 10.79% |
| 2002 | 4 | 170.34 | + 2.14% | + 8.56% |
| 2003 | 1 | 172.36 | + 1.19% | + 4.74% |
| 2003 | 2 | 174.88 | + 1.46% | + 5.85% |
| 2003 | 3 | 178.72 | + 2.20% | + 8.78% |
| 2003 | 4 | 185.69 | + 3.90% | + 15.60% |
| 2004 | 1 | 188.56 | + 1.55% | + 6.18% |
| 2004 | 2 | 194.92 | + 3.37% | + 13.49% |
| 2004 | 3 | 206.95 | + 6.17% | + 24.69% |
| 2004 | 4 | 210.36 | + 1.65% | + 6.59% |
| 2005 | 1 | 216.39 | + 2.87% | + 11.47% |
| 2005 | 2 | 225.34 | + 4.14% | + 16.54% |
| 2005 | 3 | 230.61 | + 2.34% | + 9.35% |
| 2005 | 4 | 237.06 | + 2.80% | + 11.19% |
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 $107,000.00 in 2002, you could multiply by + 50.50%, add the gain and see the home should be worth $161,029.84 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bridgeport-Stamford-Norwalk-CT from 2002 to 2005:
+ 12.62%
Appreciation Comparisons
The top 5 performing MSAs from 2002 to 2005 were Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Yuba-City-CA .
- Bakersfield-CA increased +116.36% from 2002 to the end of 2005
- Fresno-CA increased +116.09% from 2002 to the end of 2005
- Madera-CA increased +114.32% from 2002 to the end of 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 to the end of 2005
- Yuba-City-CA increased +108.89% from 2002 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