Real Estate Appreciation for Cape Coral Fort Myers, Florida: + 59.86%
Appreciation for MSAs:.
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 + 59.86% (+ 29.93% yearly) from 2004 to 2005.
During the same time period, FL had + 49.12% (+ 24.56% yearly).
You can see that the Cape Coral Fort Myers, Florida MSA experienced higher appreciation in this case.
Cape-Coral-Fort-Myers-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
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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 2004, you could multiply by + 59.86%, add the gain and see the home should be worth $174,245.15 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Cape-Coral-Fort-Myers-FL from 2004 to 2005:
+ 29.93%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 33901 - FORT MYERS, FL
MSA Pop: 492210Zip Pop: 21072
Avg Value: 88500
County: LEE
Elev: 10
Region: South
Lat: 26.628545
Long: -81.86739