Real Estate Appreciation for Honolulu, Hawaii: - 8.41%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Honolulu, Hawaii MSA appreciated - 8.41% (- 2.10% yearly) between 1993 and the end of 1996.
The state of HI had - 9.20% total appreciation (- 2.30% yearly).
The Honolulu, Hawaii MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated - 8.54% faster than the state as a whole.
Honolulu-HI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 100.99 | + 0.45% | + 1.79% |
| 1993 | 3 | 100.66 | - 0.33% | - 1.31% |
| 1993 | 4 | 101.38 | + 0.72% | + 2.86% |
| 1994 | 1 | 101.93 | + 0.54% | + 2.17% |
| 1994 | 2 | 101.38 | - 0.54% | - 2.16% |
| 1994 | 3 | 102.85 | + 1.45% | + 5.80% |
| 1994 | 4 | 100.21 | - 2.57% | - 10.27% |
| 1995 | 1 | 100 | - 0.21% | - 0.84% |
| 1995 | 2 | 100.81 | + 0.81% | + 3.24% |
| 1995 | 3 | 101.16 | + 0.35% | + 1.39% |
| 1995 | 4 | 101.42 | + 0.26% | + 1.03% |
| 1996 | 1 | 98.36 | - 3.02% | - 12.07% |
| 1996 | 2 | 96.21 | - 2.19% | - 8.74% |
| 1996 | 3 | 93.1 | - 3.23% | - 12.93% |
| 1996 | 4 | 92.08 | - 1.10% | - 4.38% |
Some of the ways peope use our appreciation data for Honolulu, Hawaii include real estate investment .
Lets look at Kapolei, Hawaii, a city located in Honolulu, Hawaii 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 Hawaii check out Spec-Loan.com
If you were going to do a Kapolei, Hawaii Refinance, or Kapolei, Hawaii Reverse Mortgages, you could estimate your home value.
If you knew your Kapolei, Hawaii home was worth $89,000.00 in 1993, you could multiply by - 8.41%, add the gain and see the home should be worth $81,511.04 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Honolulu-HI from 1993 to 1996:
- 2.10%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
Zip Code in MSA: 96707 - KAPOLEI, HI
MSA Pop: 902704Zip Pop: 25054
Avg Value: 221700
County: HONOLULU
Elev: 32
Region: West
Lat: 21.335401
Long: -158.091789