Real Estate Appreciation for Cape Coral Fort Myers, Florida: + 13.34%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Cape Coral Fort Myers, Florida: + 13.34%
- State of FL: + 15.24%
- Difference: - 12.45%
Cape-Coral-Fort-Myers-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 111 | - 1.05% | - 4.21% |
| 1998 | 3 | 111.92 | + 0.83% | + 3.32% |
| 1998 | 4 | 113.59 | + 1.49% | + 5.97% |
| 1999 | 1 | 114.33 | + 0.65% | + 2.61% |
| 1999 | 2 | 113.9 | - 0.38% | - 1.50% |
| 1999 | 3 | 115.55 | + 1.45% | + 5.79% |
| 1999 | 4 | 116.2 | + 0.56% | + 2.25% |
| 2000 | 1 | 118.99 | + 2.40% | + 9.60% |
| 2000 | 2 | 120.44 | + 1.22% | + 4.87% |
| 2000 | 3 | 123.45 | + 2.50% | + 10.00% |
| 2000 | 4 | 127.15 | + 3.00% | + 11.99% |
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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 $98,000.00 in 1998, you could multiply by + 13.34%, add the gain and see the home should be worth $111,077.73 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cape-Coral-Fort-Myers-FL from 1998 to 2000:
+ 4.45%
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 .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- 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 .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
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