Real Estate Appreciation for Cape Coral Fort Myers, Florida: + 47.71%

Let's start by comparing Cape Coral Fort Myers, Florida to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.

We have appreciattion of + 47.71% (+ 15.90% yearly) for the Cape Coral Fort Myers, Florida MSA.

The entire state of FL had + 44.95% appreciation (+ 14.98% yearly). The Cape Coral Fort Myers, Florida MSA beat out the state. by + 6.13% appreciation.

Cape-Coral-Fort-Myers-FL

Year	Quarter	Price Index	Quarter Increase or Decrease	Annualized
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%
2004	1	184.42	+ 3.20%	+ 12.78%
2004	2	194.36	+ 5.39%	+ 21.56%
2004	3	205.15	+ 5.55%	+ 22.21%
2004	4	216.36	+ 5.46%	+ 21.86%

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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 $106,000.00 in 2002, you could multiply by + 47.71%, add the gain and see the home should be worth $156,568.54 in 2004. Home value is an important part of every mortgage transaction.

Average YEARLY Real Estate Appreciation for Cape-Coral-Fort-Myers-FL from 2002 to 2004:
+ 15.90%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

1. Fairbanks-AK lost - 29.16% from 1987 thru 1989
2. 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