Real Estate Appreciation for Cape Coral Fort Myers, Florida: + 2.95%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Cape Coral Fort Myers, Florida did compared to the state as a whole.
The Cape Coral Fort Myers, Florida MSA property value change was + 2.95% (+ 1.48% yearly).
All of the property in FL averaged + 5.30% change in value (+ 2.65% yearly).
Cape-Coral-Fort-Myers-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
If you need information on Hard Money Rehab Loans in Fort Myers, Florida look at 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 $91,000.00 in 1995, you could multiply by + 2.95%, add the gain and see the home should be worth $93,684.50 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cape-Coral-Fort-Myers-FL from 1995 to 1996:
+ 1.48%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1995 to 1996 were Honolulu-HI, Cumberland-MD-WV, Utica-Rome-NY, Binghamton-NY, and Madera-CA .
- Honolulu-HI decreased by - 7.92% between 1995 and 1996
- Cumberland-MD-WV decreased by - 4.44% between 1995 and 1996
- Utica-Rome-NY decreased by - 4.03% between 1995 and 1996
- Binghamton-NY decreased by - 3.46% between 1995 and 1996
- Madera-CA decreased by - 3.21% between 1995 and 1996
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
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