Real Estate Appreciation for Charleston North Charleston, South Carlina: + 14.39%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Charleston North Charleston, South Carlina MSA appreciation it was + 14.39% (+ 3.60% yearly) from 1994 to 1997.
During the same time period, SC had + 15.94% (+ 3.98% yearly).
From 1994 to 1997, South Carlina outperformed the individual Charleston North Charleston, South Carlina MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Charleston-North-Charleston-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1997 | 1 | 109.31 | + 0.11% | + 0.44% |
| 1997 | 2 | 111.72 | + 2.20% | + 8.82% |
| 1997 | 3 | 114.33 | + 2.34% | + 9.34% |
| 1997 | 4 | 116.15 | + 1.59% | + 6.37% |
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 $91,000.00 in 1994, you could multiply by + 14.39%, add the gain and see the home should be worth $104,093.46 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charleston-North-Charleston-SC from 1994 to 1997:
+ 3.60%
Appreciation Comparisons
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 .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- 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 .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
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