Real Estate Appreciation for Burlington, North Carolina: + 4.65%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Burlington, North Carolina did compared to the state as a whole.
The Burlington, North Carolina MSA property value change was + 4.65% (+ 2.32% yearly).
All of the property in NC averaged + 12.50% change in value (+ 6.25% yearly).
Burlington-NC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2005 | 2 | 142.28 | - 0.14% | - 0.56% |
| 2005 | 3 | 143.17 | + 0.63% | + 2.50% |
| 2005 | 4 | 141.81 | - 0.95% | - 3.80% |
| 2006 | 1 | 144.39 | + 1.82% | + 7.28% |
| 2006 | 2 | 146.42 | + 1.41% | + 5.62% |
| 2006 | 3 | 145.36 | - 0.72% | - 2.90% |
| 2006 | 4 | 149.1 | + 2.57% | + 10.29% |
Some of the ways peope use our appreciation data for Burlington, North Carolina include real estate investment .
Lets look at Alamance, North Carolina, a city located in Burlington, North Carolina MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in North Carolina check out Spec-Loan.com
If you were going to do a Alamance, North Carolina Refinance, or Alamance, North Carolina Reverse Mortgages, you could estimate your home value.
If you knew your Alamance, North Carolina home was worth $111,000.00 in 2005, you could multiply by + 4.65%, add the gain and see the home should be worth $116,157.36 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Burlington-NC from 2005 to 2006:
+ 2.32%
Appreciation Comparisons
The top 5 performing MSAs from 2005 to 2006 were Bend-OR, Boise-City-Nampa-ID, Phoenix-Mesa-Scottdale-AZ, Naples-Marco-Island-FL, and Ocala-FL .
- Bend-OR increased + 52.68% from 2005 to the end of 2006
- Boise-City-Nampa-ID increased + 43.68% from 2005 to the end of 2006
- Phoenix-Mesa-Scottdale-AZ increased + 43.40% from 2005 to the end of 2006
- Naples-Marco-Island-FL increased + 41.08% from 2005 to the end of 2006
- Ocala-FL increased + 40.98% from 2005 to the end of 2006
In contrast, the worst 5 MSAs from 2005 to 2006 were Saginaw-Saginaw-Township-North-MI, Flint-MI, Kokomo-IN, Muncie-IN, and Ann-Arbor-MI .
- Saginaw-Saginaw-Township-North-MI decreased by - 3.27% between 2005 and 2006
- Flint-MI decreased by - 1.05% between 2005 and 2006
- Kokomo-IN decreased by - 1.00% between 2005 and 2006
- Muncie-IN only increased + 0.20% between 2005 and 2006
- Ann-Arbor-MI only increased + 0.22% between 2005 and 2006
Zip Code in MSA: 27201 - ALAMANCE, NC
MSA Pop: 136773Zip Pop: 0
Avg Value: 0
County: ALAMANCE
Elev: 656
Region: South
Lat: 36.030221
Long: -79.485976