Real Estate Appreciation for Honolulu, Hawaii: - 30.81%
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 Honolulu, Hawaii MSA appreciated - 30.81% (- 10.27% yearly) for the period between 1979 and the end of 1981.
The state had - 31.81% total appreciation (- 10.60% yearly).
The Honolulu, Hawaii 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.
Honolulu-HI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1979 | 2 | 29.99 | + 10.54% | + 42.17% |
| 1979 | 3 | 32.73 | + 9.14% | + 36.55% |
| 1979 | 4 | 34.37 | + 5.01% | + 20.04% |
| 1980 | 1 | 36.9 | + 7.36% | + 29.44% |
| 1980 | 2 | 37.28 | + 1.03% | + 4.12% |
| 1980 | 3 | 38.22 | + 2.52% | + 10.09% |
| 1980 | 4 | 40.16 | + 5.08% | + 20.30% |
| 1981 | 1 | 38.58 | - 3.93% | - 15.74% |
| 1981 | 2 | 36.47 | - 5.47% | - 21.88% |
| 1981 | 3 | 31.96 | - 12.37% | - 49.47% |
| 1981 | 4 | 18.77 | - 41.27% | -165.08% |
There are a lot of ways to use the appreciation data for Honolulu, Hawaii .
Lets look at Ewa Beach, Hawaii, a city located in Honolulu, Hawaii 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 Ewa Beach, Hawaii check out Spec-Loan.com
If you were going to do a Ewa Beach, Hawaii Refinance, or Ewa Beach, Hawaii Reverse Mortgages, you could estimate your home value.
If you knew your Ewa Beach, Hawaii home was worth $60,000.00 in 1979, you could multiply by - 30.81%, add the gain and see the home should be worth $41,511.24 in 1981. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Honolulu-HI from 1979 to 1981:
- 10.27%
Appreciation Comparisons
The top 5 performing MSAs from 1979 to 1981 were San-Jose-Sunnyvale-Santa-Clara-CA, Oxnard-Thousand-Oaks-Ventura-CA, Santa-Cruz-Watsonville-CA, Vallejo-Fairfield-CA, and Sacramento-Arden-Arcade-Roseville-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 52.33% from 1979 to the end of 1981
- Oxnard-Thousand-Oaks-Ventura-CA increased + 43.77% from 1979 to the end of 1981
- Santa-Cruz-Watsonville-CA increased + 43.75% from 1979 to the end of 1981
- Vallejo-Fairfield-CA increased + 43.37% from 1979 to the end of 1981
- Sacramento-Arden-Arcade-Roseville-CA increased + 41.70% from 1979 to the end of 1981
Zip Code in MSA: 96706 - EWA BEACH, HI
MSA Pop: 902704Zip Pop: 43874
Avg Value: 208500
County: HONOLULU
Elev: 32
Region: West
Lat: 21.330503
Long: -158.02166