Real Estate Appreciation for Florence Muscle Shoals, Alabama: + 7.46%
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 Florence Muscle Shoals, Alabama MSA appreciated + 7.46% (+ 1.87% yearly) for the period between 1999 and the end of 2002.
The state had + 14.11% total appreciation (+ 3.53% yearly).
The state average for Alabama was higher than the real estate appreciation in the Florence Muscle Shoals, Alabama MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 89.06% faster than this MSA.
Florence-Muscle-Shoals-AL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1999 | 2 | 111.46 | - 1.68% | - 6.74% |
| 1999 | 3 | 112.31 | + 0.76% | + 3.05% |
| 1999 | 4 | 113.59 | + 1.14% | + 4.56% |
| 2000 | 1 | 109.1 | - 3.95% | - 15.81% |
| 2000 | 2 | 111.9 | + 2.57% | + 10.27% |
| 2000 | 3 | 111.88 | - 0.02% | - 0.07% |
| 2000 | 4 | 113.86 | + 1.77% | + 7.08% |
| 2001 | 1 | 116.77 | + 2.56% | + 10.22% |
| 2001 | 2 | 117.08 | + 0.27% | + 1.06% |
| 2001 | 3 | 118.13 | + 0.90% | + 3.59% |
| 2001 | 4 | 119.38 | + 1.06% | + 4.23% |
| 2002 | 1 | 119.85 | + 0.39% | + 1.57% |
| 2002 | 2 | 117.53 | - 1.94% | - 7.74% |
| 2002 | 3 | 119.77 | + 1.91% | + 7.62% |
| 2002 | 4 | 121.83 | + 1.72% | + 6.88% |
Lets look at Cloverdale, Alabama, a city located in Florence Muscle Shoals, Alabama MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Cloverdale, Alabama Refinance, or Cloverdale, Alabama Reverse Mortgages, you could estimate your home value.
If you knew your Cloverdale, Alabama home was worth $101,000.00 in 1999, you could multiply by + 7.46%, add the gain and see the home should be worth $108,536.91 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Florence-Muscle-Shoals-AL from 1999 to 2002:
+ 1.87%
Appreciation Comparisons
The top 5 performing MSAs from 1999 to 2002 were Barnstable-Town-MA, Napa-CA, Vallejo-Fairfield-CA, San-Luis-Obispo-Paso-Robles-CA, and Salinas-CA .
- Barnstable-Town-MA increased + 77.56% from 1999 to the end of 2002
- Napa-CA increased + 71.93% from 1999 to the end of 2002
- Vallejo-Fairfield-CA increased + 71.68% from 1999 to the end of 2002
- San-Luis-Obispo-Paso-Robles-CA increased + 71.04% from 1999 to the end of 2002
- Salinas-CA increased + 68.96% from 1999 to the end of 2002
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: 35617 - CLOVERDALE, AL
MSA Pop: 141499Zip Pop: 0
Avg Value: 0
County: LAUDERDALE
Elev: 506
Region: South
Lat: 34.938611
Long: -87.771389