Real Estate Appreciation for Colorado Springs, Colorado: + 20.74%
Appreciation for MSAs:.
Let's start by comparing Colorado Springs, Colorado to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 20.74% (+ 5.19% yearly) for the Colorado Springs, Colorado MSA.
The entire state of CO had + 17.32% appreciation (+ 4.33% yearly).
The Colorado Springs, Colorado MSA beat out the state. by + 19.77% appreciation.
Colorado-Springs-CO
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 150.5 | + 0.80% | + 3.19% |
| 2002 | 3 | 153.26 | + 1.83% | + 7.34% |
| 2002 | 4 | 154.73 | + 0.96% | + 3.84% |
| 2003 | 1 | 155.2 | + 0.30% | + 1.22% |
| 2003 | 2 | 155.72 | + 0.34% | + 1.34% |
| 2003 | 3 | 156.85 | + 0.73% | + 2.90% |
| 2003 | 4 | 158.53 | + 1.07% | + 4.28% |
| 2004 | 1 | 160.47 | + 1.22% | + 4.89% |
| 2004 | 2 | 161.55 | + 0.67% | + 2.69% |
| 2004 | 3 | 165.44 | + 2.41% | + 9.63% |
| 2004 | 4 | 167.59 | + 1.30% | + 5.20% |
| 2005 | 1 | 169.45 | + 1.11% | + 4.44% |
| 2005 | 2 | 174.47 | + 2.96% | + 11.85% |
| 2005 | 3 | 177.13 | + 1.52% | + 6.10% |
| 2005 | 4 | 180.28 | + 1.78% | + 7.11% |
Lets look at Monument, Colorado, a city located in Colorado Springs, Colorado MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Monument, Colorado Refinance, or Monument, Colorado Reverse Mortgages, you could estimate your home value.
If you knew your Monument, Colorado home was worth $107,000.00 in 2002, you could multiply by + 20.74%, add the gain and see the home should be worth $129,194.03 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Colorado-Springs-CO from 2002 to 2005:
+ 5.19%
Appreciation Comparisons
The top 5 performing MSAs from 2002 to 2005 were Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Yuba-City-CA .
- Bakersfield-CA increased +116.36% from 2002 to the end of 2005
- Fresno-CA increased +116.09% from 2002 to the end of 2005
- Madera-CA increased +114.32% from 2002 to the end of 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 to the end of 2005
- Yuba-City-CA increased +108.89% from 2002 to the end of 2005
Zip Code in MSA: 80132 - MONUMENT, CO
MSA Pop: 572264Zip Pop: 13758
Avg Value: 269300
County: EL PASO
Elev: 6008
Region: West
Lat: 39.099353
Long: -104.85034