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 + 56.39% (+ 5.64% yearly) between 1993 and the end of 2002.

The state of FL had + 61.38% total appreciation (+ 6.14% 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 + 8.84% faster than this MSA.

Cape-Coral-Fort-Myers-FL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Cape-Coral-Fort-Myers-FL here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Florida, you can do some research at 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 1993, you could multiply by + 56.39%, add the gain and see the home should be worth $148,569.62 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cape-Coral-Fort-Myers-FL from 1993 to 2002:
+ 5.64%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1993 to 2002 were Honolulu-HI, Binghamton-NY, Utica-Rome-NY, Rochester-NY, and Syracuse-NY .

  1. Honolulu-HI only increased + 1.77% between 1993 and 2002
  2. Binghamton-NY only increased + 10.26% between 1993 and 2002
  3. Utica-Rome-NY only increased + 11.82% between 1993 and 2002
  4. Rochester-NY only increased + 15.19% between 1993 and 2002
  5. Syracuse-NY only increased + 15.21% between 1993 and 2002

The worst perfoming MSAs ever for a 10 year period, were Midland-TX, Midland-TX, Lafayette-LA, Midland-TX, and Lafayette-LA .

  1. Midland-TX lost - 34.73% from 1982 to 1991
  2. Midland-TX lost - 31.11% from 1983 thru 1992
  3. Lafayette-LA lost - 22.75% from 1982 thru 1991
  4. Midland-TX lost - 22.05% from 1984 thru 1993
  5. Lafayette-LA lost - 21.25% from 1983 thru 1992

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