Real Estate Appreciation for Naples Marco Island, Florida: +107.29%
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 Naples Marco Island, Florida MSA appreciated +107.29% (+ 17.88% yearly) for the period between 1999 and the end of 2004.
The state had + 81.91% total appreciation (+ 13.65% yearly).
The Naples Marco Island, Florida MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
Naples-Marco-Island-FL
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
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 Naples, Florida Refinance, or Naples, Florida Reverse Mortgages, you could estimate your home value.
If you knew your Naples, Florida home was worth $103,000.00 in 1999, you could multiply by +107.29%, add the gain and see the home should be worth $213,509.01 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Naples-Marco-Island-FL from 1999 to 2004:
+ 17.88%
Appreciation Comparisons
The top 5 performing MSAs from 1999 to 2004 were Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Vallejo-Fairfield-CA, Napa-CA, and San-Luis-Obispo-Paso-Robles-CA .
- Salinas-CA increased +147.28% from 1999 to the end of 2004
- San-Diego-Carlsbad-San-Marcos-CA increased +142.11% from 1999 to the end of 2004
- Vallejo-Fairfield-CA increased +136.81% from 1999 to the end of 2004
- Napa-CA increased +132.64% from 1999 to the end of 2004
- San-Luis-Obispo-Paso-Robles-CA increased +132.13% from 1999 to the end of 2004
In contrast, the worst 5 MSAs from 1999 to 2004 were Ogden-Clearfield-UT, Provo-Orem-UT, Jackson-TN, Lafayette-IN, and Columbus-IN .
- Ogden-Clearfield-UT only increased + 8.27% between 1999 and 2004
- Provo-Orem-UT only increased + 12.04% between 1999 and 2004
- Jackson-TN only increased + 12.75% between 1999 and 2004
- Lafayette-IN only increased + 13.11% between 1999 and 2004
- Columbus-IN only increased + 13.36% between 1999 and 2004
Zip Code in MSA: 34105 - NAPLES, FL
MSA Pop: 286634Zip Pop: 9952
Avg Value: 157900
County: COLLIER
Elev: 9
Region: South
Lat: 26.18717
Long: -81.76296