Real Estate Appreciation for Corpus Christi, Texas: + 26.21%
Appreciation for MSAs:.
Let's start by comparing Corpus Christi, Texas 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 + 26.21% (+ 6.55% yearly) for the Corpus Christi, Texas MSA.
The entire state of TX had + 15.93% appreciation (+ 3.98% yearly).
The Corpus Christi, Texas MSA beat out the state. by + 64.57% appreciation.
Corpus-Christi-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 125.68 | + 0.79% | + 3.14% |
| 2002 | 3 | 127.7 | + 1.61% | + 6.43% |
| 2002 | 4 | 129.68 | + 1.55% | + 6.20% |
| 2003 | 1 | 130.81 | + 0.87% | + 3.49% |
| 2003 | 2 | 130.67 | - 0.11% | - 0.43% |
| 2003 | 3 | 134.53 | + 2.95% | + 11.82% |
| 2003 | 4 | 134.32 | - 0.16% | - 0.62% |
| 2004 | 1 | 137.67 | + 2.49% | + 9.98% |
| 2004 | 2 | 139.09 | + 1.03% | + 4.13% |
| 2004 | 3 | 143.61 | + 3.25% | + 13.00% |
| 2004 | 4 | 147.04 | + 2.39% | + 9.55% |
| 2005 | 1 | 147.72 | + 0.46% | + 1.85% |
| 2005 | 2 | 150.49 | + 1.88% | + 7.50% |
| 2005 | 3 | 154.24 | + 2.49% | + 9.97% |
| 2005 | 4 | 157.39 | + 2.04% | + 8.17% |
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 $107,000.00 in 2002, you could multiply by + 26.21%, add the gain and see the home should be worth $135,049.96 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Corpus-Christi-TX from 2002 to 2005:
+ 6.55%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
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