Appreciation for MSAs:.

Let's start by comparing Cape Coral Fort Myers, Florida 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 + 74.50% (+ 6.21% yearly) for the Cape Coral Fort Myers, Florida MSA.

The entire state of FL had + 82.21% appreciation (+ 6.85% yearly). The state average for Florida was higher than the real estate appreciation in the Cape Coral Fort Myers, Florida MSA. This means the conditions in the MSA for real estate investment were worse by + 10.35%.

Cape-Coral-Fort-Myers-FL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


Lets look at North Fort Myers, Florida, a city located in Cape Coral Fort Myers, Florida 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 North Fort Myers, Florida Refinance, or North Fort Myers, Florida Reverse Mortgages, you could estimate your home value.

If you knew your North Fort Myers, Florida home was worth $95,000.00 in 1992, you could multiply by + 74.50%, add the gain and see the home should be worth $165,779.22 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cape-Coral-Fort-Myers-FL from 1992 to 2003:
+ 6.21%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1992 to 2003 were Binghamton-NY, Honolulu-HI, Utica-Rome-NY, Syracuse-NY, and Rochester-NY .

  1. Binghamton-NY only increased + 11.17% between 1992 and 2003
  2. Honolulu-HI only increased + 15.65% between 1992 and 2003
  3. Utica-Rome-NY only increased + 20.57% between 1992 and 2003
  4. Syracuse-NY only increased + 20.68% between 1992 and 2003
  5. Rochester-NY only increased + 21.10% between 1992 and 2003

The worst perfoming MSAs ever for a 12 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .

  1. Midland-TX lost - 29.95% from 1982 to 1993
  2. Midland-TX lost - 27.35% from 1983 thru 1994
  3. Midland-TX lost - 18.42% from 1984 thru 1995
  4. Odessa-TX lost - 17.39% from 1984 thru 1995
  5. Lafayette-LA lost - 14.77% from 1982 thru 1993

Zip Code in MSA: 33903 - NORTH FORT MYERS, FL

MSA Pop: 492210
Zip Pop: 23107
Avg Value: 57500
County: LEE
Elev: 10
Region: South
Lat: 26.682447
Long: -81.905878