Real Estate Appreciation for Charlotte Gastonia Concord, North Carolina, South Carlina: + 13.54%
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 + 13.54% (+ 3.38% yearly) from 2000 to 2003.
During the same time period, NC had + 15.83% (+ 3.96% yearly).
From 2000 to 2003, 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
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2003 | 1 | 142.13 | + 0.69% | + 2.78% |
| 2003 | 2 | 143.08 | + 0.67% | + 2.67% |
| 2003 | 3 | 143.44 | + 0.25% | + 1.01% |
| 2003 | 4 | 144.68 | + 0.86% | + 3.46% |
There are a lot of ways to use the appreciation data for Charlotte Gastonia Concord, North Carolina, South Carlina .
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 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 Indian Trail, 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 $103,000.00 in 2000, you could multiply by + 13.54%, add the gain and see the home should be worth $116,942.95 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charlotte-Gastonia-Concord-NC-SC from 2000 to 2003:
+ 3.38%
Appreciation Comparisons
The top 5 performing MSAs from 2000 to 2003 were Yuba-City-CA, Barnstable-Town-MA, Modesto-CA, San-Luis-Obispo-Paso-Robles-CA, and San-Diego-Carlsbad-San-Marcos-CA .
- Yuba-City-CA increased + 71.27% from 2000 to the end of 2003
- Barnstable-Town-MA increased + 70.88% from 2000 to the end of 2003
- Modesto-CA increased + 69.30% from 2000 to the end of 2003
- San-Luis-Obispo-Paso-Robles-CA increased + 67.94% from 2000 to the end of 2003
- San-Diego-Carlsbad-San-Marcos-CA increased + 67.84% from 2000 to the end of 2003
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
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