Real Estate Appreciation for Corpus Christi, Texas: + 7.63%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Corpus Christi, Texas did compared to the state as a whole.
The Corpus Christi, Texas MSA property value change was + 7.63% (+ 2.54% yearly).
All of the property in TX averaged + 8.75% change in value (+ 2.92% yearly).
Corpus-Christi-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 103.21 | + 3.21% | + 12.84% |
| 1995 | 3 | 103.97 | + 0.74% | + 2.95% |
| 1995 | 4 | 103.16 | - 0.78% | - 3.12% |
| 1996 | 1 | 104.67 | + 1.46% | + 5.85% |
| 1996 | 2 | 104.87 | + 0.19% | + 0.76% |
| 1996 | 3 | 104.66 | - 0.20% | - 0.80% |
| 1996 | 4 | 106.1 | + 1.38% | + 5.50% |
| 1997 | 1 | 103.82 | - 2.15% | - 8.60% |
| 1997 | 2 | 105.49 | + 1.61% | + 6.43% |
| 1997 | 3 | 107.92 | + 2.30% | + 9.21% |
| 1997 | 4 | 107.63 | - 0.27% | - 1.07% |
Some of the ways peope use our appreciation data for Corpus Christi, Texas include real estate investment .
Lets look at Aransas Pass, Texas, a city located in Corpus Christi, Texas MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Texas check out Spec-Loan.com
If you were going to do a Aransas Pass, Texas Refinance, or Aransas Pass, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Aransas Pass, Texas home was worth $92,000.00 in 1995, you could multiply by + 7.63%, add the gain and see the home should be worth $99,019.60 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Corpus-Christi-TX from 1995 to 1997:
+ 2.54%
Appreciation Comparisons
For a 3 year period, the top 5 performing MSAs of all time are 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 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
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
Zip Code in MSA: 78335 - ARANSAS PASS, TX
MSA Pop: 406830Zip Pop: 0
Avg Value: 0
County: SAN PATRICIO
Elev: 54
Region: South
Lat: 27.90918
Long: -97.14972