Real Estate Appreciation for Charlotte Gastonia Concord, North Carolina, South Carlina: + 12.68%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Charlotte Gastonia Concord, North Carolina, South Carlina did compared to the state as a whole.
The Charlotte Gastonia Concord, North Carolina, South Carlina MSA property value change was + 12.68% (+ 6.34% yearly).
All of the property in NC averaged + 12.50% change in value (+ 6.25% yearly).
Charlotte-Gastonia-Concord-NC-SC
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2005 | 2 | 151.98 | + 0.70% | + 2.81% |
| 2005 | 3 | 154.72 | + 1.80% | + 7.21% |
| 2005 | 4 | 157.16 | + 1.58% | + 6.31% |
| 2006 | 1 | 159.04 | + 1.20% | + 4.78% |
| 2006 | 2 | 162.48 | + 2.16% | + 8.65% |
| 2006 | 3 | 166.63 | + 2.55% | + 10.22% |
| 2006 | 4 | 170.05 | + 2.05% | + 8.21% |
Some of the ways peope use our appreciation data for Charlotte Gastonia Concord, North Carolina, South Carlina include real estate investment .
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 fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $111,000.00 in 2005, you could multiply by + 12.68%, add the gain and see the home should be worth $125,069.90 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Charlotte-Gastonia-Concord-NC-SC from 2005 to 2006:
+ 6.34%
Appreciation Comparisons
The top 5 performing MSAs from 2005 to 2006 were Bend-OR, Boise-City-Nampa-ID, Phoenix-Mesa-Scottdale-AZ, Naples-Marco-Island-FL, and Ocala-FL .
- Bend-OR increased + 52.68% from 2005 to the end of 2006
- Boise-City-Nampa-ID increased + 43.68% from 2005 to the end of 2006
- Phoenix-Mesa-Scottdale-AZ increased + 43.40% from 2005 to the end of 2006
- Naples-Marco-Island-FL increased + 41.08% from 2005 to the end of 2006
- Ocala-FL increased + 40.98% from 2005 to the end of 2006
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
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