Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Charleston North Charleston, South Carlina MSA appreciated + 27.22% (+ 9.07% yearly) for the period between 1999 and the end of 2001.

The state had + 14.71% total appreciation (+ 4.90% yearly). The Charleston North Charleston, South Carlina MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.

Charleston-North-Charleston-SC

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Charleston-North-Charleston-SC here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in South Carlina, you can do some research at 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 $100,000.00 in 1999, you could multiply by + 27.22%, add the gain and see the home should be worth $127,221.46 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charleston-North-Charleston-SC from 1999 to 2001:
+ 9.07%

Appreciation Comparisons

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 29401 - CHARLESTON, SC

MSA Pop: 571631
Zip Pop: 11250
Avg Value: 516600
County: CHARLESTON
Elev: 118
Region: South
Lat: 32.77864
Long: -79.937723