Real Estate Appreciation for Charleston North Charleston, South Carlina: + 10.62%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Charleston North Charleston, South Carlina MSA appreciated + 10.62% (+ 2.65% yearly) between 1993 and the end of 1996.
The state of SC had + 14.06% total appreciation (+ 3.51% yearly).
The state average for South Carlina was higher than the real estate appreciation in the Charleston North Charleston, South Carlina MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 32.39% faster than this MSA.
Charleston-North-Charleston-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 99.94 | + 1.25% | + 4.98% |
| 1993 | 3 | 101.05 | + 1.11% | + 4.44% |
| 1993 | 4 | 101.68 | + 0.62% | + 2.49% |
| 1994 | 1 | 101.54 | - 0.14% | - 0.55% |
| 1994 | 2 | 100.98 | - 0.55% | - 2.21% |
| 1994 | 3 | 99.63 | - 1.34% | - 5.35% |
| 1994 | 4 | 101.53 | + 1.91% | + 7.63% |
| 1995 | 1 | 100 | - 1.51% | - 6.03% |
| 1995 | 2 | 101.58 | + 1.58% | + 6.32% |
| 1995 | 3 | 101.82 | + 0.24% | + 0.95% |
| 1995 | 4 | 103.99 | + 2.13% | + 8.52% |
| 1996 | 1 | 105.59 | + 1.54% | + 6.15% |
| 1996 | 2 | 106.21 | + 0.59% | + 2.35% |
| 1996 | 3 | 106.47 | + 0.24% | + 0.98% |
| 1996 | 4 | 109.19 | + 2.55% | + 10.22% |
There are a lot of ways to use the appreciation data for Charleston North Charleston, South Carlina .
Lets look at Charleston, South Carlina, a city located in Charleston North Charleston, South Carlina MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Charleston, South Carlina check out Spec-Loan.com
If you were going to do a Charleston, South Carlina Refinance, or Charleston, South Carlina Reverse Mortgages, you could estimate your home value.
If you knew your Charleston, South Carlina home was worth $89,000.00 in 1993, you could multiply by + 10.62%, add the gain and see the home should be worth $98,449.09 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charleston-North-Charleston-SC from 1993 to 1996:
+ 2.65%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
Zip Code in MSA: 29402 - CHARLESTON, SC
MSA Pop: 571631Zip Pop: 0
Avg Value: 0
County: CHARLESTON
Elev: 118
Region: South
Lat: 32.7765
Long: -79.93052