Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Charlottesville, Virginia MSA appreciation it was +143.94% (+ 11.07% yearly) from 1994 to 2006.

During the same time period, VA had +139.07% (+ 10.70% yearly). You can see that the Charlottesville, Virginia MSA experienced higher appreciation in this case.

Charlottesville-VA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Charlottesville, Virginia .

Lets look at Charlottesville, VIrginia, a city located in Charlottesville, Virginia MSA.

Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Charlottesville, VIrginia check out 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 $100,000.00 in 1994, you could multiply by +143.94%, add the gain and see the home should be worth $243,942.75 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charlottesville-VA from 1994 to 2006:
+ 11.07%

Appreciation Comparisons

The worst perfoming MSAs ever for a 13 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Odessa-TX .

  1. Midland-TX lost - 29.46% from 1982 to 1994
  2. Midland-TX lost - 24.49% from 1983 thru 1995
  3. Midland-TX lost - 18.51% from 1984 thru 1996
  4. Odessa-TX lost - 15.99% from 1984 thru 1996
  5. Odessa-TX lost - 10.08% from 1985 thru 1997

The top 5 performing MSAs from 1994 to 2006 were Salinas-CA, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, San-Jose-Sunnyvale-Santa-Clara-CA, Bend-OR, and Phoenix-Mesa-Scottdale-AZ .

  1. Salinas-CA increased +248.87% from 1994 to the end of 2006
  2. Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +228.05% from 1994 to the end of 2006
  3. San-Jose-Sunnyvale-Santa-Clara-CA increased +216.45% from 1994 to the end of 2006
  4. Bend-OR increased +211.83% from 1994 to the end of 2006
  5. Phoenix-Mesa-Scottdale-AZ increased +210.92% from 1994 to the end of 2006

Zip Code in MSA: 22904 - CHARLOTTESVILLE, VA

MSA Pop: 181631
Zip Pop: 0
Avg Value: 0
County: CHARLOTTESVILLE CITY
Elev: 480
Region: South
Lat: 37.998458
Long: -78.470419