Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Cape Coral Fort Myers, Florida MSA appreciated + 87.73% (+ 21.93% yearly) between 2003 and the end of 2006.

The state of FL had + 82.46% total appreciation (+ 20.62% yearly). The Cape Coral Fort Myers, Florida MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 6.38% faster than the state as a whole.

Cape-Coral-Fort-Myers-FL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
2006 1 311.35 + 5.61% + 22.44%
2006 2 313.17 + 0.58% + 2.34%
2006 3 312.53 - 0.20% - 0.82%
2006 4 307.42 - 1.64% - 6.54%


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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 $109,000.00 in 2003, you could multiply by + 87.73%, add the gain and see the home should be worth $204,621.28 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cape-Coral-Fort-Myers-FL from 2003 to 2006:
+ 21.93%

Appreciation Comparisons

The worst 5 MSAs from 2003 to 2006 were Kokomo-IN, Anderson-IN, Lafayette-IN, Saginaw-Saginaw-Township-North-MI, and Muncie-IN .

  1. Kokomo-IN only increased + 2.97% between 2003 and 2006
  2. Anderson-IN only increased + 3.19% between 2003 and 2006
  3. Lafayette-IN only increased + 5.02% between 2003 and 2006
  4. Saginaw-Saginaw-Township-North-MI only increased + 5.27% between 2003 and 2006
  5. Muncie-IN only increased + 6.15% between 2003 and 2006

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