Real Estate Appreciation for Burlington, North Carolina: + 14.25%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Burlington, North Carolina MSA appreciation it was + 14.25% (+ 3.56% yearly) from 2000 to 2003.
During the same time period, NC had + 15.83% (+ 3.96% yearly).
From 2000 to 2003, North Carolina outperformed the individual Burlington, North Carolina MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Burlington-NC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2000 | 2 | 123.99 | + 1.24% | + 4.96% |
| 2000 | 3 | 125.94 | + 1.57% | + 6.29% |
| 2000 | 4 | 126.43 | + 0.39% | + 1.56% |
| 2001 | 1 | 129.29 | + 2.26% | + 9.05% |
| 2001 | 2 | 130.27 | + 0.76% | + 3.03% |
| 2001 | 3 | 131.44 | + 0.90% | + 3.59% |
| 2001 | 4 | 132.82 | + 1.05% | + 4.20% |
| 2002 | 1 | 133.28 | + 0.35% | + 1.39% |
| 2002 | 2 | 133.47 | + 0.14% | + 0.57% |
| 2002 | 3 | 135.67 | + 1.65% | + 6.59% |
| 2002 | 4 | 136.58 | + 0.67% | + 2.68% |
| 2003 | 1 | 137.6 | + 0.75% | + 2.99% |
| 2003 | 2 | 137.95 | + 0.25% | + 1.02% |
| 2003 | 3 | 138.03 | + 0.06% | + 0.23% |
| 2003 | 4 | 139.92 | + 1.37% | + 5.48% |
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If you were going to do a Burlington, North Carolina Refinance, or Burlington, North Carolina Reverse Mortgages, you could estimate your home value.
If you knew your Burlington, North Carolina home was worth $103,000.00 in 2000, you could multiply by + 14.25%, add the gain and see the home should be worth $117,675.84 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Burlington-NC from 2000 to 2003:
+ 3.56%
Appreciation Comparisons
The top 5 performing MSAs from 2000 to 2003 were Yuba-City-CA, Barnstable-Town-MA, Modesto-CA, San-Luis-Obispo-Paso-Robles-CA, and San-Diego-Carlsbad-San-Marcos-CA .
- Yuba-City-CA increased + 71.27% from 2000 to the end of 2003
- Barnstable-Town-MA increased + 70.88% from 2000 to the end of 2003
- Modesto-CA increased + 69.30% from 2000 to the end of 2003
- San-Luis-Obispo-Paso-Robles-CA increased + 67.94% from 2000 to the end of 2003
- San-Diego-Carlsbad-San-Marcos-CA increased + 67.84% from 2000 to the end of 2003
In contrast, the worst 5 MSAs from 2000 to 2003 were Ogden-Clearfield-UT, Wenatchee-WA, Provo-Orem-UT, Jackson-TN, and Lafayette-IN .
- Ogden-Clearfield-UT only increased + 7.50% between 2000 and 2003
- Wenatchee-WA only increased + 7.51% between 2000 and 2003
- Provo-Orem-UT only increased + 8.27% between 2000 and 2003
- Jackson-TN only increased + 8.39% between 2000 and 2003
- Lafayette-IN only increased + 8.43% between 2000 and 2003
Zip Code in MSA: 27215 - BURLINGTON, NC
MSA Pop: 136773Zip Pop: 33439
Avg Value: 121800
County: ALAMANCE
Elev: 656
Region: South
Lat: 36.03342
Long: -79.49088