Real Estate Appreciation for Charlotte Gastonia Concord, North Carolina, South Carlina: + 59.03%
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 + 59.03% (+ 4.92% yearly) between 1993 and the end of 2004.
The state of NC had + 64.49% total appreciation (+ 5.37% 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 + 9.25% faster than this MSA.
Charlotte-Gastonia-Concord-NC-SC
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 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 Waxhaw, 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 Waxhaw, North Carolina check out Spec-Loan.com
If you were going to do a Waxhaw, North Carolina Refinance, or Waxhaw, North Carolina Reverse Mortgages, you could estimate your home value.
If you knew your Waxhaw, North Carolina home was worth $97,000.00 in 1993, you could multiply by + 59.03%, add the gain and see the home should be worth $154,258.09 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charlotte-Gastonia-Concord-NC-SC from 1993 to 2004:
+ 4.92%
Appreciation Comparisons
The worst perfoming MSAs ever for a 12 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .
- Midland-TX lost - 29.95% from 1982 to 1993
- Midland-TX lost - 27.35% from 1983 thru 1994
- Midland-TX lost - 18.42% from 1984 thru 1995
- Odessa-TX lost - 17.39% from 1984 thru 1995
- Lafayette-LA lost - 14.77% from 1982 thru 1993
The top 5 performing MSAs from 1993 to 2004 were Barnstable-Town-MA, Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Napa-CA, and Ocean-City-NJ .
- Barnstable-Town-MA increased +183.32% from 1993 to the end of 2004
- Salinas-CA increased +182.48% from 1993 to the end of 2004
- San-Diego-Carlsbad-San-Marcos-CA increased +170.10% from 1993 to the end of 2004
- Napa-CA increased +156.08% from 1993 to the end of 2004
- Ocean-City-NJ increased +153.55% from 1993 to the end of 2004
Zip Code in MSA: 28173 - WAXHAW, NC
MSA Pop: 1437427Zip Pop: 17732
Avg Value: 163200
County: UNION
Elev: 576
Region: South
Lat: 34.926904
Long: -80.73595