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 + 16.53% (+ 8.27% yearly) between 2003 and the end of 2004.

The state of SC had + 8.94% total appreciation (+ 4.47% yearly). The Charleston North Charleston, South Carlina MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 84.91% faster than the state as a whole.

Charleston-North-Charleston-SC

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2003 2 179.16 + 1.15% + 4.61%
2003 3 181.14 + 1.11% + 4.42%
2003 4 183.63 + 1.37% + 5.50%
2004 1 188.73 + 2.78% + 11.11%
2004 2 191.45 + 1.44% + 5.76%
2004 3 201.3 + 5.14% + 20.58%
2004 4 206.4 + 2.53% + 10.13%


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 $107,000.00 in 2003, you could multiply by + 16.53%, add the gain and see the home should be worth $124,688.35 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charleston-North-Charleston-SC from 2003 to 2004:
+ 8.27%

Appreciation Comparisons

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

The top 5 performing MSAs from 2003 to 2004 were Las-Vegas-Paradise-NV, Riverside-San-Bernardino-Ontario-CA, Bakersfield-CA, Madera-CA, and Fresno-CA .

  1. Las-Vegas-Paradise-NV increased + 54.53% from 2003 to the end of 2004
  2. Riverside-San-Bernardino-Ontario-CA increased + 51.05% from 2003 to the end of 2004
  3. Bakersfield-CA increased + 50.02% from 2003 to the end of 2004
  4. Madera-CA increased + 48.31% from 2003 to the end of 2004
  5. Fresno-CA increased + 47.99% from 2003 to the end of 2004

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