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 - 1.70% (- 0.42% yearly).

All of the property in HI averaged + 1.25% change in value (+ 0.31% 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%
2000 1 86.03 + 1.30% + 5.18%
2000 2 85.5 - 0.62% - 2.46%
2000 3 87.04 + 1.80% + 7.20%
2000 4 88.48 + 1.65% + 6.62%


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

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 $97,000.00 in 1997, you could multiply by - 1.70%, add the gain and see the home should be worth $95,351.18 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Honolulu-HI from 1997 to 2000:
- 0.42%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Casper-WY lost - 34.10% from 1983 thru 1986
  2. Casper-WY lost - 32.07% from 1984 thru 1987

Zip Code in MSA: 96707 - KAPOLEI, HI

MSA Pop: 902704
Zip Pop: 25054
Avg Value: 221700
County: HONOLULU
Elev: 32
Region: West
Lat: 21.335401
Long: -158.091789