Real Estate Appreciation for Charleston North Charleston, South Carlina: + 13.71%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
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 + 13.71% (+ 6.86% yearly) from 2000 to 2001.
During the same time period, SC had + 9.99% (+ 5.00% yearly).
You can see that the Charleston North Charleston, South Carlina MSA experienced higher appreciation in this case.
Charleston-North-Charleston-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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 $101,000.00 in 2000, you could multiply by + 13.71%, add the gain and see the home should be worth $114,848.72 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charleston-North-Charleston-SC from 2000 to 2001:
+ 6.86%
Appreciation Comparisons
The top 5 performing MSAs from 2000 to 2001 were Stockton-CA, Salinas-CA, Modesto-CA, Vallejo-Fairfield-CA, and Merced-CA .
- Stockton-CA increased + 32.40% from 2000 to the end of 2001
- Salinas-CA increased + 31.19% from 2000 to the end of 2001
- Modesto-CA increased + 30.86% from 2000 to the end of 2001
- Vallejo-Fairfield-CA increased + 30.50% from 2000 to the end of 2001
- Merced-CA increased + 28.81% from 2000 to the end of 2001
In contrast, the worst 5 MSAs from 2000 to 2001 were Wenatchee-WA, Odessa-TX, Jackson-TN, Springfield-IL, and Albany-GA .
- Wenatchee-WA only increased + 1.89% between 2000 and 2001
- Odessa-TX only increased + 3.25% between 2000 and 2001
- Jackson-TN only increased + 4.84% between 2000 and 2001
- Springfield-IL only increased + 4.92% between 2000 and 2001
- Albany-GA only increased + 4.97% between 2000 and 2001
Zip Code in MSA: 29401 - CHARLESTON, SC
MSA Pop: 571631Zip Pop: 11250
Avg Value: 516600
County: CHARLESTON
Elev: 118
Region: South
Lat: 32.77864
Long: -79.937723