Real Estate Appreciation for Honolulu, Hawaii: - 14.47%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Honolulu, Hawaii MSA appreciation it was - 14.47% (- 3.62% yearly) from 1994 to 1997.
During the same time period, HI had - 14.30% (- 3.57% yearly).
From 1994 to 1997, Hawaii outperformed the individual Honolulu, Hawaii MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Honolulu-HI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1997 | 1 | 90.01 | - 2.25% | - 8.99% |
| 1997 | 2 | 88.13 | - 2.09% | - 8.35% |
| 1997 | 3 | 88.3 | + 0.19% | + 0.77% |
| 1997 | 4 | 87.18 | - 1.27% | - 5.07% |
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 $91,000.00 in 1994, you could multiply by - 14.47%, add the gain and see the home should be worth $77,831.65 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Honolulu-HI from 1994 to 1997:
- 3.62%
Appreciation Comparisons
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
The top 5 performing MSAs from 1994 to 1997 were Ogden-Clearfield-UT, Salt-Lake-City-UT, Provo-Orem-UT, Logan-UT-ID, and Portland-Vancouver-Beaverton-OR-WA .
- Ogden-Clearfield-UT increased + 41.78% from 1994 to the end of 1997
- Salt-Lake-City-UT increased + 41.49% from 1994 to the end of 1997
- Provo-Orem-UT increased + 38.70% from 1994 to the end of 1997
- Logan-UT-ID increased + 35.30% from 1994 to the end of 1997
- Portland-Vancouver-Beaverton-OR-WA increased + 34.77% from 1994 to the end of 1997
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