Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
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 + 35.26% (+ 11.75% yearly) from 2000 to 2002.

During the same time period, FL had + 29.41% (+ 9.80% yearly). You can see that the Cape Coral Fort Myers, Florida MSA experienced higher appreciation in this case.

Cape-Coral-Fort-Myers-FL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2000 2 120.44 + 1.22% + 4.87%
2000 3 123.45 + 2.50% + 10.00%
2000 4 127.15 + 3.00% + 11.99%
2001 1 130.5 + 2.63% + 10.54%
2001 2 134.16 + 2.80% + 11.22%
2001 3 137.62 + 2.58% + 10.32%
2001 4 141.22 + 2.62% + 10.46%
2002 1 146.48 + 3.72% + 14.90%
2002 2 150.66 + 2.85% + 11.41%
2002 3 155.98 + 3.53% + 14.12%
2002 4 160.94 + 3.18% + 12.72%


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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 $102,000.00 in 2000, you could multiply by + 35.26%, add the gain and see the home should be worth $137,960.16 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cape-Coral-Fort-Myers-FL from 2000 to 2002:
+ 11.75%

Appreciation Comparisons

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

The top 5 performing MSAs from 2000 to 2002 were Barnstable-Town-MA, San-Luis-Obispo-Paso-Robles-CA, Modesto-CA, Vallejo-Fairfield-CA, and Napa-CA .

  1. Barnstable-Town-MA increased + 49.98% from 2000 to the end of 2002
  2. San-Luis-Obispo-Paso-Robles-CA increased + 47.67% from 2000 to the end of 2002
  3. Modesto-CA increased + 47.60% from 2000 to the end of 2002
  4. Vallejo-Fairfield-CA increased + 46.66% from 2000 to the end of 2002
  5. Napa-CA increased + 45.33% from 2000 to the end of 2002

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