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 - 5.64% (- 1.88% yearly).

All of the property in HI averaged - 4.87% change in value (- 1.62% 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%
1999 1 86.97 + 0.10% + 0.41%
1999 2 86.33 - 0.74% - 2.94%
1999 3 84.5 - 2.12% - 8.48%
1999 4 84.93 + 0.51% + 2.04%


Some of the ways peope use our appreciation data for Honolulu, Hawaii include real estate investment .

Lets look at Ewa Beach, 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 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 $96,000.00 in 1997, you could multiply by - 5.64%, add the gain and see the home should be worth $90,581.94 in 1999. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Honolulu-HI from 1997 to 1999:
- 1.88%

Appreciation Comparisons

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 96706 - EWA BEACH, HI

MSA Pop: 902704
Zip Pop: 43874
Avg Value: 208500
County: HONOLULU
Elev: 32
Region: West
Lat: 21.330503
Long: -158.02166