Real Estate Appreciation for Fort Walton Beach Crestview Destin, Florida: + 98.55%
Appreciation for MSAs:.
Let's start by comparing Fort Walton Beach Crestview Destin, Florida 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 + 98.55% (+ 24.64% yearly) for the Fort Walton Beach Crestview Destin, Florida MSA.
The entire state of FL had + 85.63% appreciation (+ 21.41% yearly).
The Fort Walton Beach Crestview Destin, Florida MSA beat out the state. by + 15.09% appreciation.
Fort-Walton-Beach-Crestview-Destin-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 132.55 | + 0.55% | + 2.22% |
| 2002 | 3 | 134.97 | + 1.83% | + 7.30% |
| 2002 | 4 | 137.09 | + 1.57% | + 6.28% |
| 2003 | 1 | 139.33 | + 1.63% | + 6.54% |
| 2003 | 2 | 141.71 | + 1.71% | + 6.83% |
| 2003 | 3 | 147.15 | + 3.84% | + 15.36% |
| 2003 | 4 | 155.82 | + 5.89% | + 23.57% |
| 2004 | 1 | 159 | + 2.04% | + 8.16% |
| 2004 | 2 | 171.51 | + 7.87% | + 31.47% |
| 2004 | 3 | 184.95 | + 7.84% | + 31.35% |
| 2004 | 4 | 198.41 | + 7.28% | + 29.11% |
| 2005 | 1 | 214.91 | + 8.32% | + 33.26% |
| 2005 | 2 | 232.58 | + 8.22% | + 32.89% |
| 2005 | 3 | 249.92 | + 7.46% | + 29.82% |
| 2005 | 4 | 261.73 | + 4.73% | + 18.90% |
There are a lot of ways to use the appreciation data for Fort Walton Beach Crestview Destin, Florida .
Lets look at Crestview, Florida, a city located in Fort Walton Beach Crestview Destin, Florida 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 Crestview, Florida check out Spec-Loan.com
If you were going to do a Crestview, Florida Refinance, or Crestview, Florida Reverse Mortgages, you could estimate your home value.
If you knew your Crestview, Florida home was worth $107,000.00 in 2002, you could multiply by + 98.55%, add the gain and see the home should be worth $212,449.63 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Fort-Walton-Beach-Crestview-Destin-FL from 2002 to 2005:
+ 24.64%
Appreciation Comparisons
The top 5 performing MSAs from 2002 to 2005 were Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Yuba-City-CA .
- Bakersfield-CA increased +116.36% from 2002 to the end of 2005
- Fresno-CA increased +116.09% from 2002 to the end of 2005
- Madera-CA increased +114.32% from 2002 to the end of 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 to the end of 2005
- Yuba-City-CA increased +108.89% from 2002 to the end of 2005
In contrast, the worst 5 MSAs from 2002 to 2005 were Lafayette-IN, Burlington-NC, Anderson-IN, Jonesboro-AR, and Fort-Wayne-IN .
- Lafayette-IN only increased + 6.22% between 2002 and 2005
- Burlington-NC only increased + 6.40% between 2002 and 2005
- Anderson-IN only increased + 8.50% between 2002 and 2005
- Jonesboro-AR only increased + 8.86% between 2002 and 2005
- Fort-Wayne-IN only increased + 9.30% between 2002 and 2005
Zip Code in MSA: 32536 - CRESTVIEW, FL
MSA Pop: 178104Zip Pop: 13191
Avg Value: 83000
County: OKALOOSA
Elev: 236
Region: South
Lat: 30.762648
Long: -86.561958