Real Estate Appreciation for Charlotte Gastonia Concord, North Carolina, South Carlina: + 10.98%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Charlotte Gastonia Concord, North Carolina, South Carlina: + 10.98%
- State of NC: + 10.99%
- Difference: - 0.08%
Charlotte-Gastonia-Concord-NC-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 119.59 | + 0.54% | + 2.15% |
| 1998 | 3 | 121.55 | + 1.64% | + 6.56% |
| 1998 | 4 | 122.45 | + 0.74% | + 2.96% |
| 1999 | 1 | 124.05 | + 1.31% | + 5.23% |
| 1999 | 2 | 125.2 | + 0.93% | + 3.71% |
| 1999 | 3 | 125.97 | + 0.62% | + 2.46% |
| 1999 | 4 | 126.88 | + 0.72% | + 2.89% |
| 2000 | 1 | 127.43 | + 0.43% | + 1.73% |
| 2000 | 2 | 129.26 | + 1.44% | + 5.74% |
| 2000 | 3 | 130.2 | + 0.73% | + 2.91% |
| 2000 | 4 | 132.01 | + 1.39% | + 5.56% |
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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 $98,000.00 in 1998, you could multiply by + 10.98%, add the gain and see the home should be worth $108,759.82 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charlotte-Gastonia-Concord-NC-SC from 1998 to 2000:
+ 3.66%
Appreciation Comparisons
The worst 5 MSAs from 1998 to 2000 were Midland-TX, Wenatchee-WA, Buffalo-Niagara-Falls-NY, Grand-Forks-ND-MN, and Coeur-d'Alene-ID .
- Midland-TX decreased by - 1.12% between 1998 and 2000
- Wenatchee-WA only increased + 0.15% between 1998 and 2000
- Buffalo-Niagara-Falls-NY only increased + 0.36% between 1998 and 2000
- Grand-Forks-ND-MN only increased + 0.83% between 1998 and 2000
- Coeur-d'Alene-ID only increased + 1.01% between 1998 and 2000
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
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
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