Real Estate Appreciation for Charlotte Gastonia Concord, North Carolina, South Carlina: + 49.40%
Appreciation for MSAs:.
Let's start by comparing Charlotte Gastonia Concord, North Carolina, South Carlina to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 49.40% (+ 4.94% yearly) for the Charlotte Gastonia Concord, North Carolina, South Carlina MSA.
The entire state of NC had + 50.05% appreciation (+ 5.01% yearly).
The state average for North Carolina was higher than the real estate appreciation in the Charlotte Gastonia Concord, North Carolina, South Carlina MSA. This means the conditions in the MSA for real estate investment were worse by + 1.32%.
Charlotte-Gastonia-Concord-NC-SC
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
1992-1995 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Charlotte Gastonia Concord, North Carolina, South Carlina .
Lets look at Monroe, North Carolina, a city located in Charlotte Gastonia Concord, North Carolina, 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 Monroe, North Carolina check out Spec-Loan.com
If you were going to do a Monroe, North Carolina Refinance, or Monroe, North Carolina Reverse Mortgages, you could estimate your home value.
If you knew your Monroe, North Carolina home was worth $93,000.00 in 1992, you could multiply by + 49.40%, add the gain and see the home should be worth $138,940.73 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charlotte-Gastonia-Concord-NC-SC from 1992 to 2001:
+ 4.94%
Appreciation Comparisons
For a 10 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Riverside-San-Bernardino-Ontario-CA .
- Bridgeport-Stamford-Norwalk-CT increased +262.04% from 1977 thru 1986
- New-Haven-Milford-CT increased +251.93% from 1978 thru 1987
- Salinas-CA increased +251.06% from 1996 thru 2005
- Salinas-CA increased +247.53% from 1997 thru 2006
- Riverside-San-Bernardino-Ontario-CA increased +237.10% from 1997 thru 2006
The worst perfoming MSAs ever for a 10 year period, were Midland-TX, Midland-TX, Lafayette-LA, Midland-TX, and Lafayette-LA .
- Midland-TX lost - 34.73% from 1982 to 1991
- Midland-TX lost - 31.11% from 1983 thru 1992
- Lafayette-LA lost - 22.75% from 1982 thru 1991
- Midland-TX lost - 22.05% from 1984 thru 1993
- Lafayette-LA lost - 21.25% from 1983 thru 1992
Zip Code in MSA: 28111 - MONROE, NC
MSA Pop: 1437427Zip Pop: 0
Avg Value: 0
County: UNION
Elev: 576
Region: South
Lat: 34.98522
Long: -80.5497