Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Cape Coral Fort Myers, Florida MSA appreciation it was - 0.94% (- 0.31% yearly) from 1994 to 1996.

During the same time period, FL had + 4.77% (+ 1.59% yearly). From 1994 to 1996, Florida outperformed the individual Cape Coral Fort Myers, Florida MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Cape-Coral-Fort-Myers-FL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1994 2 102.4 - 1.47% - 5.89%
1994 3 101.8 - 0.59% - 2.34%
1994 4 102.88 + 1.06% + 4.24%
1995 1 100 - 2.80% - 11.20%
1995 2 102.31 + 2.31% + 9.24%
1995 3 104.21 + 1.86% + 7.43%
1995 4 106.59 + 2.28% + 9.14%
1996 1 104.85 - 1.63% - 6.53%
1996 2 104.68 - 0.16% - 0.65%
1996 3 105.59 + 0.87% + 3.48%
1996 4 102.95 - 2.50% - 10.00%


Lets look at 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 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 1994, you could multiply by - 0.94%, add the gain and see the home should be worth $89,151.35 in 1996. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cape-Coral-Fort-Myers-FL from 1994 to 1996:
- 0.31%

Appreciation Comparisons

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 33901 - FORT MYERS, FL

MSA Pop: 492210
Zip Pop: 21072
Avg Value: 88500
County: LEE
Elev: 10
Region: South
Lat: 26.628545
Long: -81.86739