Real Estate Appreciation for Cape Coral Fort Myers, Florida: +111.27%
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 +111.27% (+ 8.56% yearly) for the Cape Coral Fort Myers, Florida MSA.
The entire state of FL had +118.38% appreciation (+ 9.11% 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 + 6.39%.
Cape-Coral-Fort-Myers-FL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
1992-1995 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Cape Coral Fort Myers, Florida .
Lets look at Cape Coral, Florida, a city located in Cape Coral Fort Myers, Florida 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 Cape Coral, Florida check out Spec-Loan.com
If you were going to do a Cape Coral, Florida Refinance, or Cape Coral, Florida Reverse Mortgages, you could estimate your home value.
If you knew your Cape Coral, Florida home was worth $96,000.00 in 1992, you could multiply by +111.27%, add the gain and see the home should be worth $202,817.69 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cape-Coral-Fort-Myers-FL from 1992 to 2004:
+ 8.56%
Appreciation Comparisons
The worst perfoming MSAs ever for a 13 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Odessa-TX .
- Midland-TX lost - 29.46% from 1982 to 1994
- Midland-TX lost - 24.49% from 1983 thru 1995
- Midland-TX lost - 18.51% from 1984 thru 1996
- Odessa-TX lost - 15.99% from 1984 thru 1996
- Odessa-TX lost - 10.08% from 1985 thru 1997
The top 5 performing MSAs from 1992 to 2004 were Salinas-CA, Barnstable-Town-MA, San-Diego-Carlsbad-San-Marcos-CA, Medford-OR, and Boulder-CO .
- Salinas-CA increased +178.15% from 1992 to the end of 2004
- Barnstable-Town-MA increased +174.04% from 1992 to the end of 2004
- San-Diego-Carlsbad-San-Marcos-CA increased +161.74% from 1992 to the end of 2004
- Medford-OR increased +161.06% from 1992 to the end of 2004
- Boulder-CO increased +160.43% from 1992 to the end of 2004
Zip Code in MSA: 33904 - CAPE CORAL, FL
MSA Pop: 492210Zip Pop: 32678
Avg Value: 110200
County: LEE
Elev: 10
Region: South
Lat: 26.598295
Long: -81.951842