Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Charlottesville, Virginia MSA appreciation it was + 15.13% (+ 7.57% yearly) from 2000 to 2001.

During the same time period, VA had + 14.65% (+ 7.32% yearly). You can see that the Charlottesville, Virginia MSA experienced higher appreciation in this case.

Charlottesville-VA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2000 2 123.01 + 3.46% + 13.83%
2000 3 125.06 + 1.67% + 6.67%
2000 4 127.59 + 2.02% + 8.09%
2001 1 130.16 + 2.01% + 8.06%
2001 2 133.38 + 2.47% + 9.90%
2001 3 136.9 + 2.64% + 10.56%
2001 4 136.89 - 0.01% - 0.03%


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 $101,000.00 in 2000, you could multiply by + 15.13%, add the gain and see the home should be worth $116,281.67 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charlottesville-VA from 2000 to 2001:
+ 7.57%

Appreciation Comparisons

The top 5 performing MSAs from 2000 to 2001 were Stockton-CA, Salinas-CA, Modesto-CA, Vallejo-Fairfield-CA, and Merced-CA .

  1. Stockton-CA increased + 32.40% from 2000 to the end of 2001
  2. Salinas-CA increased + 31.19% from 2000 to the end of 2001
  3. Modesto-CA increased + 30.86% from 2000 to the end of 2001
  4. Vallejo-Fairfield-CA increased + 30.50% from 2000 to the end of 2001
  5. Merced-CA increased + 28.81% from 2000 to the end of 2001

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 .

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

Zip Code in MSA: 22901 - CHARLOTTESVILLE, VA

MSA Pop: 181631
Zip Pop: 30753
Avg Value: 163400
County: ALBEMARLE
Elev: 0
Region: South
Lat: 38.056523
Long: -78.495851