Real Estate Appreciation for Cape Coral Fort Myers, Florida: + 5.75%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Cape Coral Fort Myers, Florida MSA appreciated + 5.75% (+ 1.15% yearly) between 1993 and the end of 1997.
The state of FL had + 12.48% total appreciation (+ 2.50% 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 than the state as a whole. The state appreaciated +116.88% faster than this MSA.
Cape-Coral-Fort-Myers-FL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1994-1997 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Cape Coral Fort Myers, Florida include real estate investment .
Lets look at Fort Myers, Florida, a city located in Cape Coral Fort Myers, Florida 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 Florida check out Spec-Loan.com
If you were going to do a Fort Myers, Florida Refinance, or Fort Myers, Florida Reverse Mortgages, you could estimate your home value.
If you knew your Fort Myers, Florida home was worth $90,000.00 in 1993, you could multiply by + 5.75%, add the gain and see the home should be worth $95,177.34 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cape-Coral-Fort-Myers-FL from 1993 to 1997:
+ 1.15%
Appreciation Comparisons
The worst 5 MSAs from 1993 to 1997 were Honolulu-HI, Riverside-San-Bernardino-Ontario-CA, Utica-Rome-NY, Binghamton-NY, and Kingston-NY .
- Honolulu-HI decreased by - 13.29% between 1993 and 1997
- Riverside-San-Bernardino-Ontario-CA decreased by - 12.51% between 1993 and 1997
- Utica-Rome-NY decreased by - 11.75% between 1993 and 1997
- Binghamton-NY decreased by - 11.36% between 1993 and 1997
- Kingston-NY decreased by - 7.89% between 1993 and 1997
For a 5 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Worcester-MA, Fresno-CA, Madera-CA, and Yuba-City-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +139.57% from 1976 thru 1980
- Worcester-MA increased +138.82% from 1982 thru 1986
- Fresno-CA increased +137.23% from 2001 thru 2005
- Madera-CA increased +136.99% from 2001 thru 2005
- Yuba-City-CA increased +136.08% from 2001 thru 2005
The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .
- Casper-WY lost - 42.34% from 1983 to 1987
- Lafayette-LA lost - 39.59% from 1983 thru 1987
- Lafayette-LA lost - 37.20% from 1984 thru 1988
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
Zip Code in MSA: 33901 - FORT MYERS, FL
MSA Pop: 492210Zip Pop: 21072
Avg Value: 88500
County: LEE
Elev: 10
Region: South
Lat: 26.628545
Long: -81.86739