Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Charlottesville, Virginia did compared to the state as a whole.

The Charlottesville, Virginia MSA property value change was + 23.43% (+ 11.71% yearly).

All of the property in VA averaged + 22.02% change in value (+ 11.01% yearly).

Charlottesville-VA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2005 2 208.21 + 6.18% + 24.70%
2005 3 215.86 + 3.67% + 14.70%
2005 4 222.65 + 3.15% + 12.58%
2006 1 228.63 + 2.69% + 10.74%
2006 2 235.87 + 3.17% + 12.67%
2006 3 241.18 + 2.25% + 9.00%
2006 4 242.04 + 0.36% + 1.43%


If you need information on Hard Money Rehab Loans in Charlottesville, VIrginia look 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 $111,000.00 in 2005, you could multiply by + 23.43%, add the gain and see the home should be worth $137,003.77 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Charlottesville-VA from 2005 to 2006:
+ 11.71%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 2005 to 2006 were Saginaw-Saginaw-Township-North-MI, Flint-MI, Kokomo-IN, Muncie-IN, and Ann-Arbor-MI .

  1. Saginaw-Saginaw-Township-North-MI decreased by - 3.27% between 2005 and 2006
  2. Flint-MI decreased by - 1.05% between 2005 and 2006
  3. Kokomo-IN decreased by - 1.00% between 2005 and 2006
  4. Muncie-IN only increased + 0.20% between 2005 and 2006
  5. Ann-Arbor-MI only increased + 0.22% between 2005 and 2006

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

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