Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Charlottesville, Virginia MSA appreciated + 71.06% (+ 14.21% yearly) for the period between 2001 and the end of 2005.

The state had + 78.41% total appreciation (+ 15.68% yearly). The state average for VIrginia was higher than the real estate appreciation in the Charlottesville, Virginia MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 10.34% faster than this MSA.

Charlottesville-VA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2002-2005 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 $106,000.00 in 2001, you could multiply by + 71.06%, add the gain and see the home should be worth $181,322.22 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charlottesville-VA from 2001 to 2005:
+ 14.21%

Appreciation Comparisons

For a 5 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Worcester-MA, Fresno-CA, Madera-CA, and Yuba-City-CA .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased +139.57% from 1976 thru 1980
  2. Worcester-MA increased +138.82% from 1982 thru 1986
  3. Fresno-CA increased +137.23% from 2001 thru 2005
  4. Madera-CA increased +136.99% from 2001 thru 2005
  5. Yuba-City-CA increased +136.08% from 2001 thru 2005

The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .

  1. Casper-WY lost - 42.34% from 1983 to 1987
  2. Lafayette-LA lost - 39.59% from 1983 thru 1987
  3. Lafayette-LA lost - 37.20% from 1984 thru 1988
  4. Grand-Junction-CO lost - 30.66% from 1982 thru 1986
  5. Anchorage-AK lost - 30.21% from 1985 thru 1989

Zip Code in MSA: 22902 - CHARLOTTESVILLE, VA

MSA Pop: 181631
Zip Pop: 18468
Avg Value: 111800
County: CHARLOTTESVILLE CITY
Elev: 480
Region: South
Lat: 38.00028
Long: -78.46362