Real Estate Appreciation for Corpus Christi, Texas: + 10.85%
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 + 10.85% (+ 2.71% yearly).
All of the property in TX averaged + 14.23% change in value (+ 3.56% 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% |
| 1998 | 1 | 108.88 | + 1.16% | + 4.65% |
| 1998 | 2 | 107.86 | - 0.94% | - 3.75% |
| 1998 | 3 | 108.6 | + 0.69% | + 2.74% |
| 1998 | 4 | 110.85 | + 2.07% | + 8.29% |
There are a lot of ways to use the appreciation data for Corpus Christi, Texas .
Lets look at Aransas Pass, Texas, a city located in Corpus Christi, Texas 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 Aransas Pass, 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 $93,000.00 in 1995, you could multiply by + 10.85%, add the gain and see the home should be worth $103,090.50 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Corpus-Christi-TX from 1995 to 1998:
+ 2.71%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1995 to 1998 were Honolulu-HI, Utica-Rome-NY, Madera-CA, Albany-Schenectady-Troy-NY, and Redding-CA .
- Honolulu-HI decreased by - 13.12% between 1995 and 1998
- Utica-Rome-NY only increased + 0.14% between 1995 and 1998
- Madera-CA only increased + 2.89% between 1995 and 1998
- Albany-Schenectady-Troy-NY only increased + 3.63% between 1995 and 1998
- Redding-CA only increased + 4.10% between 1995 and 1998
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
Zip Code in MSA: 78336 - ARANSAS PASS, TX
MSA Pop: 406830Zip Pop: 12106
Avg Value: 46400
County: SAN PATRICIO
Elev: 54
Region: South
Lat: 27.903685
Long: -97.159316