Appreciation for MSAs:.

Let's start by comparing Charlottesville, Virginia 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 +137.62% (+ 9.83% yearly) for the Charlottesville, Virginia MSA.

The entire state of VA had +131.11% appreciation (+ 9.36% yearly). The Charlottesville, Virginia MSA beat out the state. by + 4.97% appreciation.

Charlottesville-VA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Charlottesville-VA here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in VIrginia, you can do some research at Spec-Loan.com.

If you were going to do a Charlottesville, VIrginia Refinance, or Charlottesville, VIrginia Reverse Mortgages, you could estimate your home value.

If you knew your Charlottesville, VIrginia home was worth $97,000.00 in 1992, you could multiply by +137.62%, add the gain and see the home should be worth $230,491.46 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charlottesville-VA from 1992 to 2005:
+ 9.83%

Appreciation Comparisons

The top 5 performing MSAs from 1992 to 2005 were Salinas-CA, Medford-OR, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, Fort-Walton-Beach-Crestview-Destin-FL, and Phoenix-Mesa-Scottdale-AZ .

  1. Salinas-CA increased +246.60% from 1992 to the end of 2005
  2. Medford-OR increased +224.65% from 1992 to the end of 2005
  3. Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +218.48% from 1992 to the end of 2005
  4. Fort-Walton-Beach-Crestview-Destin-FL increased +202.40% from 1992 to the end of 2005
  5. Phoenix-Mesa-Scottdale-AZ increased +200.00% from 1992 to the end of 2005

For a 14 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Honolulu-HI, San-Jose-Sunnyvale-Santa-Clara-CA, Oxnard-Thousand-Oaks-Ventura-CA, and Santa-Rosa-Petaluma-CA .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased +471.91% from 1976 thru 1989
  2. Honolulu-HI increased +338.44% from 1978 thru 1991
  3. San-Jose-Sunnyvale-Santa-Clara-CA increased +337.52% from 1977 thru 1990
  4. Oxnard-Thousand-Oaks-Ventura-CA increased +325.36% from 1977 thru 1990
  5. Santa-Rosa-Petaluma-CA increased +309.66% from 1977 thru 1990

Zip Code in MSA: 22905 - CHARLOTTESVILLE, VA

MSA Pop: 181631
Zip Pop: 0
Avg Value: 0
County: CHARLOTTESVILLE CITY
Elev: 480
Region: South
Lat: 38.024088
Long: -78.491307