Real Estate Appreciation for Charleston North Charleston, South Carlina: + 42.17%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Charleston North Charleston, South Carlina: + 42.17%
- State of SC: + 20.96%
- Difference: +101.20%
Charleston-North-Charleston-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 120.1 | + 2.28% | + 9.13% |
| 1998 | 3 | 124.61 | + 3.76% | + 15.02% |
| 1998 | 4 | 127.03 | + 1.94% | + 7.77% |
| 1999 | 1 | 131.22 | + 3.30% | + 13.19% |
| 1999 | 2 | 136.32 | + 3.89% | + 15.55% |
| 1999 | 3 | 140.01 | + 2.71% | + 10.83% |
| 1999 | 4 | 143.26 | + 2.32% | + 9.29% |
| 2000 | 1 | 146.81 | + 2.48% | + 9.91% |
| 2000 | 2 | 149.67 | + 1.95% | + 7.79% |
| 2000 | 3 | 153.91 | + 2.83% | + 11.33% |
| 2000 | 4 | 155.72 | + 1.18% | + 4.70% |
| 2001 | 1 | 159.55 | + 2.46% | + 9.84% |
| 2001 | 2 | 163.43 | + 2.43% | + 9.73% |
| 2001 | 3 | 164.63 | + 0.73% | + 2.94% |
| 2001 | 4 | 166.94 | + 1.40% | + 5.61% |
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 $99,000.00 in 1998, you could multiply by + 42.17%, add the gain and see the home should be worth $140,751.66 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charleston-North-Charleston-SC from 1998 to 2001:
+ 10.54%
Appreciation Comparisons
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
The top 5 performing MSAs from 1998 to 2001 were Santa-Cruz-Watsonville-CA, Salinas-CA, Santa-Rosa-Petaluma-CA, Barnstable-Town-MA, and Napa-CA .
- Santa-Cruz-Watsonville-CA increased + 68.73% from 1998 to the end of 2001
- Salinas-CA increased + 68.18% from 1998 to the end of 2001
- Santa-Rosa-Petaluma-CA increased + 67.23% from 1998 to the end of 2001
- Barnstable-Town-MA increased + 65.19% from 1998 to the end of 2001
- Napa-CA increased + 63.43% from 1998 to the end of 2001
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