Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Cumberland, Maryland, West Virginia MSA appreciation it was + 7.09% (+ 3.55% yearly) from 2000 to 2001.

During the same time period, MD had + 13.76% (+ 6.88% yearly). From 2000 to 2001, Maryland outperformed the individual Cumberland, Maryland, West Virginia MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Cumberland-MD-WV

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2000 2 103.37 - 2.65% - 10.59%
2000 3 107.6 + 4.09% + 16.37%
2000 4 109.9 + 2.14% + 8.55%
2001 1 112.72 + 2.57% + 10.26%
2001 2 111.86 - 0.76% - 3.05%
2001 3 112.62 + 0.68% + 2.72%
2001 4 113.71 + 0.97% + 3.87%


There are a lot of ways to use the appreciation data for Cumberland, Maryland, West Virginia .

Lets look at Cumberland, Maryland, a city located in Cumberland, Maryland, West Virginia 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 Cumberland, Maryland check out Spec-Loan.com

If you were going to do a Cumberland, Maryland Refinance, or Cumberland, Maryland Reverse Mortgages, you could estimate your home value.

If you knew your Cumberland, Maryland home was worth $101,000.00 in 2000, you could multiply by + 7.09%, add the gain and see the home should be worth $108,162.65 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Cumberland-MD-WV from 2000 to 2001:
+ 3.55%

Appreciation Comparisons

For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005

Zip Code in MSA: 21501 - CUMBERLAND, MD

MSA Pop: 100815
Zip Pop: 0
Avg Value: 0
County: ALLEGANY
Elev: 641
Region: South
Lat: 39.65091
Long: -78.75701