Appreciation for MSAs:.

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 + 8.29% (+ 4.14% yearly) from 2004 to 2005.

During the same time period, NC had + 12.83% (+ 6.42% yearly). From 2004 to 2005, 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
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%


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

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 $109,000.00 in 2004, you could multiply by + 8.29%, add the gain and see the home should be worth $118,035.14 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charlotte-Gastonia-Concord-NC-SC from 2004 to 2005:
+ 4.14%

Appreciation Comparisons

The top 5 performing MSAs from 2004 to 2005 were Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 to the end of 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 to the end of 2005
  3. Bakersfield-CA increased + 63.04% from 2004 to the end of 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 to the end of 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 to the end of 2005

In contrast, the worst 5 MSAs from 2004 to 2005 were Burlington-NC, Jonesboro-AR, Lafayette-IN, Rocky-Mount-NC, and Youngstown-Warren-Boardman-OH-PA .

  1. Burlington-NC only increased + 0.60% between 2004 and 2005
  2. Jonesboro-AR only increased + 2.06% between 2004 and 2005
  3. Lafayette-IN only increased + 2.12% between 2004 and 2005
  4. Rocky-Mount-NC only increased + 2.82% between 2004 and 2005
  5. Youngstown-Warren-Boardman-OH-PA only increased + 3.78% between 2004 and 2005

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