Real Estate Appreciation for Charlotte Gastonia Concord, North Carolina, South Carlina: + 10.75%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Charlotte Gastonia Concord, North Carolina, South Carlina MSA appreciated + 10.75% (+ 2.69% yearly) for the period between 2001 and the end of 2004.
The state had + 14.94% total appreciation (+ 3.74% 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 shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 38.99% faster than this MSA.
Charlotte-Gastonia-Concord-NC-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2004 | 1 | 145.13 | + 0.31% | + 1.24% |
| 2004 | 2 | 146.42 | + 0.89% | + 3.56% |
| 2004 | 3 | 147.03 | + 0.42% | + 1.67% |
| 2004 | 4 | 149.36 | + 1.58% | + 6.34% |
If you need information on Hard Money Rehab Loans in Indian Trail, North Carolina look at 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 $105,000.00 in 2001, you could multiply by + 10.75%, add the gain and see the home should be worth $116,289.49 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charlotte-Gastonia-Concord-NC-SC from 2001 to 2004:
+ 2.69%
Appreciation Comparisons
The top 5 performing MSAs from 2001 to 2004 were Riverside-San-Bernardino-Ontario-CA, Yuba-City-CA, Fresno-CA, Madera-CA, and San-Diego-Carlsbad-San-Marcos-CA .
- Riverside-San-Bernardino-Ontario-CA increased + 90.90% from 2001 to the end of 2004
- Yuba-City-CA increased + 90.67% from 2001 to the end of 2004
- Fresno-CA increased + 90.07% from 2001 to the end of 2004
- Madera-CA increased + 89.58% from 2001 to the end of 2004
- San-Diego-Carlsbad-San-Marcos-CA increased + 87.47% from 2001 to the end of 2004
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