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 + 50.19% (+ 12.55% yearly) from 2000 to 2003.

During the same time period, FL had + 44.51% (+ 11.13% 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%
2003 1 163.76 + 1.75% + 7.01%
2003 2 168.28 + 2.76% + 11.04%
2003 3 172.25 + 2.36% + 9.44%
2003 4 178.71 + 3.75% + 15.00%


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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 $103,000.00 in 2000, you could multiply by + 50.19%, add the gain and see the home should be worth $154,694.76 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cape-Coral-Fort-Myers-FL from 2000 to 2003:
+ 12.55%

Appreciation Comparisons

For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .

  1. Bakersfield-CA increased +116.36% from 2002 thru 2005
  2. Fresno-CA increased +116.09% from 2002 thru 2005
  3. Madera-CA increased +114.32% from 2002 thru 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
  5. Bakersfield-CA increased +110.89% from 2003 thru 2006

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

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