Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Honolulu, Hawaii MSA appreciated + 17.65% (+ 4.41% yearly) for the period between 1999 and the end of 2002.

The state had + 21.62% total appreciation (+ 5.40% yearly). The state average for Hawaii was higher than the real estate appreciation in the Honolulu, Hawaii MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 22.47% faster than this MSA.

Honolulu-HI

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
2001 1 91.31 + 3.20% + 12.79%
2001 2 91.92 + 0.67% + 2.67%
2001 3 93.49 + 1.71% + 6.83%
2001 4 94.73 + 1.33% + 5.31%
2002 1 96.11 + 1.46% + 5.83%
2002 2 98.15 + 2.12% + 8.49%
2002 3 101.26 + 3.17% + 12.67%
2002 4 102.32 + 1.05% + 4.19%


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 $101,000.00 in 1999, you could multiply by + 17.65%, add the gain and see the home should be worth $118,826.26 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Honolulu-HI from 1999 to 2002:
+ 4.41%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1999 to 2002 were Ogden-Clearfield-UT, Lewiston-ID-WA, Midland-TX, Coeur-d'Alene-ID, and Lawton-OK .

  1. Ogden-Clearfield-UT only increased + 5.18% between 1999 and 2002
  2. Lewiston-ID-WA only increased + 5.52% between 1999 and 2002
  3. Midland-TX only increased + 6.09% between 1999 and 2002
  4. Coeur-d'Alene-ID only increased + 6.12% between 1999 and 2002
  5. Lawton-OK only increased + 6.71% between 1999 and 2002

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. 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