Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Chicago Naperville Joliet, Illinios MSA appreciated + 16.84% (+ 8.42% yearly) between 2003 and the end of 2004.

The state of IL had + 14.72% total appreciation (+ 7.36% yearly). The Chicago Naperville Joliet, Illinios MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 14.45% faster than the state as a whole.

Chicago-Naperville-Joliet-IL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2003 2 151.77 + 1.15% + 4.61%
2003 3 154.04 + 1.50% + 5.98%
2003 4 159.49 + 3.54% + 14.15%
2004 1 161.57 + 1.30% + 5.22%
2004 2 165.72 + 2.57% + 10.27%
2004 3 172.67 + 4.19% + 16.78%
2004 4 175.31 + 1.53% + 6.12%