Appreciation for MSAs:.

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 +101.26% (+ 25.32% yearly) for the Cape Coral Fort Myers, Florida MSA.

The entire state of FL had + 85.63% appreciation (+ 21.41% yearly). The Cape Coral Fort Myers, Florida MSA beat out the state. by + 18.26% appreciation.

Cape-Coral-Fort-Myers-FL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
2005 1 229.94 + 6.28% + 25.11%
2005 2 253.6 + 10.29% + 41.16%
2005 3 276.34 + 8.97% + 35.87%
2005 4 294.81 + 6.68% + 26.74%


Lets look at Fort Myers, Florida, a city located in Cape Coral Fort Myers, Florida MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out 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 $107,000.00 in 2002, you could multiply by +101.26%, add the gain and see the home should be worth $215,351.38 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cape-Coral-Fort-Myers-FL from 2002 to 2005:
+ 25.32%

Appreciation Comparisons

The top 5 performing MSAs from 2002 to 2005 were Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Yuba-City-CA .

  1. Bakersfield-CA increased +116.36% from 2002 to the end of 2005
  2. Fresno-CA increased +116.09% from 2002 to the end of 2005
  3. Madera-CA increased +114.32% from 2002 to the end of 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 to the end of 2005
  5. Yuba-City-CA increased +108.89% from 2002 to the end of 2005

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

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