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 + 49.37% (+ 12.34% yearly) between 2003 and the end of 2006.

The state of SC had + 25.43% total appreciation (+ 6.36% 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 + 94.16% 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%
2005 1 215.08 + 4.21% + 16.82%
2005 2 223.47 + 3.90% + 15.60%
2005 3 232.74 + 4.15% + 16.59%
2005 4 243.74 + 4.73% + 18.91%
2006 1 250.11 + 2.61% + 10.45%
2006 2 260.61 + 4.20% + 16.79%
2006 3 264.56 + 1.52% + 6.06%


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 $109,000.00 in 2003, you could multiply by + 49.37%, add the gain and see the home should be worth $162,810.75 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charleston-North-Charleston-SC from 2003 to 2006:
+ 12.34%

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 .

  1. Bakersfield-CA increased +116.36% from 2002 thru 2005
  2. Fresno-CA increased +116.09% from 2002 thru 2005
  3. Madera-CA increased +114.32% from 2002 thru 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
  5. 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 .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

Zip Code in MSA: 29402 - CHARLESTON, SC

MSA Pop: 571631
Zip Pop: 0
Avg Value: 0
County: CHARLESTON
Elev: 118
Region: South
Lat: 32.7765
Long: -79.93052