Real Estate Appreciation for Corpus Christi, Texas: + 20.03%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Corpus Christi, Texas MSA appreciation it was + 20.03% (+ 6.68% yearly) from 2004 to 2006.
During the same time period, TX had + 14.96% (+ 4.99% yearly).
You can see that the Corpus Christi, Texas MSA experienced higher appreciation in this case.
Corpus-Christi-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2006 | 1 | 159.7 | + 1.47% | + 5.87% |
| 2006 | 2 | 163.82 | + 2.58% | + 10.32% |
| 2006 | 3 | 163.17 | - 0.40% | - 1.59% |
| 2006 | 4 | 165.24 | + 1.27% | + 5.07% |
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 $110,000.00 in 2004, you could multiply by + 20.03%, add the gain and see the home should be worth $132,028.76 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Corpus-Christi-TX from 2004 to 2006:
+ 6.68%
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
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