Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Honolulu, Hawaii did compared to the state as a whole.

The Honolulu, Hawaii MSA property value change was - 3.48% (- 1.74% yearly).

All of the property in HI averaged - 2.19% change in value (- 1.10% yearly).

Honolulu-HI

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1997 2 88.13 - 2.09% - 8.35%
1997 3 88.3 + 0.19% + 0.77%
1997 4 87.18 - 1.27% - 5.07%
1998 1 87.13 - 0.06% - 0.23%
1998 2 86.84 - 0.33% - 1.33%
1998 3 87.82 + 1.13% + 4.51%
1998 4 86.88 - 1.07% - 4.28%


If you need information on Hard Money Rehab Loans in Aiea, Hawaii look at Spec-Loan.com

If you were going to do a Aiea, Hawaii Refinance, or Aiea, Hawaii Reverse Mortgages, you could estimate your home value.

If you knew your Aiea, Hawaii home was worth $95,000.00 in 1997, you could multiply by - 3.48%, add the gain and see the home should be worth $91,696.48 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Honolulu-HI from 1997 to 1998:
- 1.74%

Appreciation Comparisons

The worst 5 MSAs from 1997 to 1998 were Honolulu-HI, Williamsport-PA, Ithaca-NY, Utica-Rome-NY, and Pittsfield-MA .

  1. Honolulu-HI decreased by - 3.48% between 1997 and 1998
  2. Williamsport-PA decreased by - 0.05% between 1997 and 1998
  3. Ithaca-NY only increased + 1.04% between 1997 and 1998
  4. Utica-Rome-NY only increased + 1.56% between 1997 and 1998
  5. Pittsfield-MA only increased + 2.16% between 1997 and 1998

For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 96701 - AIEA, HI

MSA Pop: 902704
Zip Pop: 41423
Avg Value: 301600
County: HONOLULU
Elev: 32
Region: West
Lat: 21.387995
Long: -157.930473