Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Charlotte Gastonia Concord, North Carolina, South Carlina MSA appreciation it was + 10.77% (+ 3.59% yearly) from 2000 to 2002.

During the same time period, NC had + 12.38% (+ 4.13% yearly). From 2000 to 2002, North Carolina outperformed the individual Charlotte Gastonia Concord, North Carolina, South Carlina MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Charlotte-Gastonia-Concord-NC-SC

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2000 2 129.26 + 1.44% + 5.74%
2000 3 130.2 + 0.73% + 2.91%
2000 4 132.01 + 1.39% + 5.56%
2001 1 134.86 + 2.16% + 8.64%
2001 2 135.65 + 0.59% + 2.34%
2001 3 136.63 + 0.72% + 2.89%
2001 4 137.88 + 0.91% + 3.66%
2002 1 138.14 + 0.19% + 0.75%
2002 2 138.71 + 0.41% + 1.65%
2002 3 140.63 + 1.38% + 5.54%
2002 4 141.15 + 0.37% + 1.48%


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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 $102,000.00 in 2000, you could multiply by + 10.77%, add the gain and see the home should be worth $112,982.03 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charlotte-Gastonia-Concord-NC-SC from 2000 to 2002:
+ 3.59%

Appreciation Comparisons

The worst 5 MSAs from 2000 to 2002 were Wenatchee-WA, Lafayette-IN, Springfield-IL, Ogden-Clearfield-UT, and Provo-Orem-UT .

  1. Wenatchee-WA only increased + 5.30% between 2000 and 2002
  2. Lafayette-IN only increased + 7.07% between 2000 and 2002
  3. Springfield-IL only increased + 7.12% between 2000 and 2002
  4. Ogden-Clearfield-UT only increased + 7.34% between 2000 and 2002
  5. Provo-Orem-UT only increased + 7.67% between 2000 and 2002

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 .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. 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 .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 28079 - INDIAN TRAIL, NC

MSA Pop: 1437427
Zip Pop: 11315
Avg Value: 124900
County: UNION
Elev: 576
Region: South
Lat: 35.097816
Long: -80.629431