Real Estate Appreciation for Charlotte Gastonia Concord, North Carolina, South Carlina: + 11.39%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Charlotte Gastonia Concord, North Carolina, South Carlina MSA appreciated + 11.39% (+ 3.80% yearly) between 1993 and the end of 1995.
The state of NC had + 13.19% total appreciation (+ 4.40% 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 than the state as a whole. The state appreaciated + 15.78% faster than this MSA.
Charlotte-Gastonia-Concord-NC-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 94.48 | + 0.60% | + 2.39% |
| 1993 | 3 | 95.34 | + 0.91% | + 3.64% |
| 1993 | 4 | 95.92 | + 0.61% | + 2.43% |
| 1994 | 1 | 96.17 | + 0.26% | + 1.04% |
| 1994 | 2 | 97.17 | + 1.04% | + 4.16% |
| 1994 | 3 | 98.67 | + 1.54% | + 6.17% |
| 1994 | 4 | 99.59 | + 0.93% | + 3.73% |
| 1995 | 1 | 100 | + 0.41% | + 1.65% |
| 1995 | 2 | 101.69 | + 1.69% | + 6.76% |
| 1995 | 3 | 103.65 | + 1.93% | + 7.71% |
| 1995 | 4 | 104.62 | + 0.94% | + 3.74% |
Some of the ways peope use our appreciation data for Charlotte Gastonia Concord, North Carolina, South Carlina include real estate investment .
Lets look at Indian Trail, North Carolina, a city located in Charlotte Gastonia Concord, North Carolina, South Carlina MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in North Carolina check out Spec-Loan.com
If you were going to do a Indian Trail, North Carolina Refinance, or Indian Trail, North Carolina Reverse Mortgages, you could estimate your home value.
If you knew your Indian Trail, North Carolina home was worth $88,000.00 in 1993, you could multiply by + 11.39%, add the gain and see the home should be worth $98,025.55 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charlotte-Gastonia-Concord-NC-SC from 1993 to 1995:
+ 3.80%
Appreciation Comparisons
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
The top 5 performing MSAs from 1993 to 1995 were Salt-Lake-City-UT, Provo-Orem-UT, Ogden-Clearfield-UT, Logan-UT-ID, and Fort-Collins-Loveland-CO .
- Salt-Lake-City-UT increased + 44.61% from 1993 to the end of 1995
- Provo-Orem-UT increased + 44.36% from 1993 to the end of 1995
- Ogden-Clearfield-UT increased + 40.83% from 1993 to the end of 1995
- Logan-UT-ID increased + 36.47% from 1993 to the end of 1995
- Fort-Collins-Loveland-CO increased + 35.31% from 1993 to the end of 1995
Zip Code in MSA: 28079 - INDIAN TRAIL, NC
MSA Pop: 1437427Zip Pop: 11315
Avg Value: 124900
County: UNION
Elev: 576
Region: South
Lat: 35.097816
Long: -80.629431