Real Estate Appreciation for Bridgeport Stamford Norwalk, Connecticut: + 28.28%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Bridgeport Stamford Norwalk, Connecticut MSA appreciation it was + 28.28% (+ 9.43% yearly) from 2004 to 2006.
During the same time period, CT had + 28.64% (+ 9.55% yearly).
From 2004 to 2006, Connecticut outperformed the individual Bridgeport Stamford Norwalk, Connecticut MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Bridgeport-Stamford-Norwalk-CT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2006 | 1 | 240.71 | + 1.54% | + 6.16% |
| 2006 | 2 | 242.76 | + 0.85% | + 3.41% |
| 2006 | 3 | 242.63 | - 0.05% | - 0.21% |
| 2006 | 4 | 241.88 | - 0.31% | - 1.24% |
There are a lot of ways to use the appreciation data for Bridgeport Stamford Norwalk, Connecticut .
Lets look at Hawleyville, 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 Hawleyville, Connecticut check out Spec-Loan.com
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 $110,000.00 in 2004, you could multiply by + 28.28%, add the gain and see the home should be worth $141,105.22 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bridgeport-Stamford-Norwalk-CT from 2004 to 2006:
+ 9.43%
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