Real Estate Appreciation for Decatur, Alabama: + 4.85%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Decatur, Alabama MSA appreciated + 4.85% (+ 2.43% yearly) for the period between 1999 and the end of 2000.
The state had + 4.61% total appreciation (+ 2.31% yearly).
The Decatur, Alabama MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
Decatur-AL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1999 | 2 | 122.5 | + 1.75% | + 7.01% |
| 1999 | 3 | 122.84 | + 0.28% | + 1.11% |
| 1999 | 4 | 122.5 | - 0.28% | - 1.11% |
| 2000 | 1 | 124.48 | + 1.62% | + 6.47% |
| 2000 | 2 | 124.67 | + 0.15% | + 0.61% |
| 2000 | 3 | 125.23 | + 0.45% | + 1.80% |
| 2000 | 4 | 126.23 | + 0.80% | + 3.19% |
Some of the ways peope use our appreciation data for Decatur, Alabama include real estate investment .
Lets look at Decatur, Alabama, a city located in Decatur, Alabama 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 Alabama check out Spec-Loan.com
If you were going to do a Decatur, Alabama Refinance, or Decatur, Alabama Reverse Mortgages, you could estimate your home value.
If you knew your Decatur, Alabama home was worth $99,000.00 in 1999, you could multiply by + 4.85%, add the gain and see the home should be worth $103,802.39 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Decatur-AL from 1999 to 2000:
+ 2.43%
Appreciation Comparisons
The top 5 performing MSAs from 1999 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Salinas-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 44.43% from 1999 to the end of 2000
- Santa-Cruz-Watsonville-CA increased + 41.93% from 1999 to the end of 2000
- Santa-Rosa-Petaluma-CA increased + 41.14% from 1999 to the end of 2000
- Salinas-CA increased + 39.42% from 1999 to the end of 2000
- Napa-CA increased + 33.84% from 1999 to the end of 2000
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 .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
Zip Code in MSA: 35601 - DECATUR, AL
MSA Pop: 147204Zip Pop: 34859
Avg Value: 74600
County: MORGAN
Elev: 573
Region: South
Lat: 34.589482
Long: -86.982979