Real Estate Appreciation for Columbia, Missouri: + 18.90%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Columbia, Missouri MSA appreciated + 18.90% (+ 6.30% yearly) between 2003 and the end of 2005.
The state of MO had + 19.59% total appreciation (+ 6.53% yearly).
The state average for Missouri was higher than the real estate appreciation in the Columbia, Missouri MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 3.62% faster than this MSA.
Columbia-MO
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2003 | 2 | 128.49 | + 0.08% | + 0.31% |
| 2003 | 3 | 129.79 | + 1.01% | + 4.05% |
| 2003 | 4 | 132.85 | + 2.36% | + 9.43% |
| 2004 | 1 | 133.06 | + 0.16% | + 0.63% |
| 2004 | 2 | 135.23 | + 1.63% | + 6.52% |
| 2004 | 3 | 140.25 | + 3.71% | + 14.85% |
| 2004 | 4 | 140.82 | + 0.41% | + 1.63% |
| 2005 | 1 | 143.3 | + 1.76% | + 7.04% |
| 2005 | 2 | 146.28 | + 2.08% | + 8.32% |
| 2005 | 3 | 151.16 | + 3.34% | + 13.34% |
| 2005 | 4 | 152.66 | + 0.99% | + 3.97% |
There are a lot of ways to use the appreciation data for Columbia, Missouri .
Lets look at Hartsburg, Missouri, a city located in Columbia, Missouri 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 Hartsburg, Missouri check out Spec-Loan.com
If you were going to do a Hartsburg, Missouri Refinance, or Hartsburg, Missouri Reverse Mortgages, you could estimate your home value.
If you knew your Hartsburg, Missouri home was worth $108,000.00 in 2003, you could multiply by + 18.90%, add the gain and see the home should be worth $128,415.61 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Columbia-MO from 2003 to 2005:
+ 6.30%
Appreciation Comparisons
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
The top 5 performing MSAs from 2003 to 2005 were Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 to the end of 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 to the end of 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 to the end of 2005
- Madera-CA increased + 85.39% from 2003 to the end of 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 to the end of 2005
Zip Code in MSA: 65039 - HARTSBURG, MO
MSA Pop: 151129Zip Pop: 2156
Avg Value: 126000
County: BOONE
Elev: 758
Region: Midwest
Lat: 38.73159
Long: -92.303291