Real Estate Appreciation for Honolulu, Hawaii: + 34.59%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Honolulu, Hawaii MSA appreciation it was + 34.59% (+ 8.65% yearly) from 2000 to 2003.
During the same time period, HI had + 40.62% (+ 10.15% yearly).
From 2000 to 2003, 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 |
| 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% |
| 2003 | 1 | 105.17 | + 2.79% | + 11.14% |
| 2003 | 2 | 106.98 | + 1.72% | + 6.88% |
| 2003 | 3 | 109.7 | + 2.54% | + 10.17% |
| 2003 | 4 | 115.79 | + 5.55% | + 22.21% |
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 $103,000.00 in 2000, you could multiply by + 34.59%, add the gain and see the home should be worth $138,630.36 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Honolulu-HI from 2000 to 2003:
+ 8.65%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
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
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