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 Chicago Naperville Joliet, Illinios MSA appreciated + 48.14% (+ 9.63% yearly) for the period between 2001 and the end of 2005.

The state had + 40.87% total appreciation (+ 8.17% yearly). The Chicago Naperville Joliet, Illinios MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.

Chicago-Naperville-Joliet-IL

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2002-2005 Quarterly Detailed Appreciation