Appreciation for MSAs:.

Let's start by comparing Charlotte Gastonia Concord, North Carolina, South Carlina to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.

We have appreciattion of + 13.77% (+ 3.44% yearly) for the Charlotte Gastonia Concord, North Carolina, South Carlina MSA.

The entire state of NC had + 20.56% appreciation (+ 5.14% 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 by + 49.35%.

Charlotte-Gastonia-Concord-NC-SC

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
2005 1 150.92 + 1.04% + 4.18%
2005 2 151.98 + 0.70% + 2.81%
2005 3 154.72 + 1.80% + 7.21%
2005 4 157.16 + 1.58% + 6.31%


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 $107,000.00 in 2002, you could multiply by + 13.77%, add the gain and see the home should be worth $121,732.45 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charlotte-Gastonia-Concord-NC-SC from 2002 to 2005:
+ 3.44%

Appreciation Comparisons

The worst 5 MSAs from 2002 to 2005 were Lafayette-IN, Burlington-NC, Anderson-IN, Jonesboro-AR, and Fort-Wayne-IN .

  1. Lafayette-IN only increased + 6.22% between 2002 and 2005
  2. Burlington-NC only increased + 6.40% between 2002 and 2005
  3. Anderson-IN only increased + 8.50% between 2002 and 2005
  4. Jonesboro-AR only increased + 8.86% between 2002 and 2005
  5. Fort-Wayne-IN only increased + 9.30% between 2002 and 2005

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 .

  1. Bakersfield-CA increased +116.36% from 2002 thru 2005
  2. Fresno-CA increased +116.09% from 2002 thru 2005
  3. Madera-CA increased +114.32% from 2002 thru 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
  5. Bakersfield-CA increased +110.89% from 2003 thru 2006

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

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