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 + 54.05% (+ 4.91% yearly) between 1993 and the end of 2003.

The state of NC had + 56.34% total appreciation (+ 5.12% 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 + 4.24% faster than this MSA.

Charlotte-Gastonia-Concord-NC-SC

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

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 $96,000.00 in 1993, you could multiply by + 54.05%, add the gain and see the home should be worth $147,884.16 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charlotte-Gastonia-Concord-NC-SC from 1993 to 2003:
+ 4.91%

Appreciation Comparisons

The top 5 performing MSAs from 1993 to 2003 were Barnstable-Town-MA, Denver-Aurora-CO, Boulder-CO, Fort-Collins-Loveland-CO, and Salinas-CA .

  1. Barnstable-Town-MA increased +148.94% from 1993 to the end of 2003
  2. Denver-Aurora-CO increased +122.85% from 1993 to the end of 2003
  3. Boulder-CO increased +122.44% from 1993 to the end of 2003
  4. Fort-Collins-Loveland-CO increased +119.70% from 1993 to the end of 2003
  5. Salinas-CA increased +118.69% from 1993 to the end of 2003

Zip Code in MSA: 28112 - MONROE, NC

MSA Pop: 1437427
Zip Pop: 22714
Avg Value: 112000
County: UNION
Elev: 576
Region: South
Lat: 34.938305
Long: -80.541256