Real Estate Appreciation for New Haven Milford, Connecticut: +148.81%
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 New Haven Milford, Connecticut MSA appreciated +148.81% (+ 18.60% yearly) for the period between 1981 and the end of 1988.
The state had +157.03% total appreciation (+ 19.63% yearly).
The state average for Connecticut was higher than the real estate appreciation in the New Haven Milford, Connecticut 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 + 5.53% faster than this MSA.
New-Haven-Milford-CT
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1985-1988 Quarterly Detailed Appreciation
1982-1985 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for New Haven Milford, Connecticut .
Lets look at Cheshire, Connecticut, a city located in New Haven Milford, Connecticut MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Cheshire, Connecticut check out Spec-Loan.com
If you were going to do a Cheshire, Connecticut Refinance, or Cheshire, Connecticut Reverse Mortgages, you could estimate your home value.
If you knew your Cheshire, Connecticut home was worth $69,000.00 in 1981, you could multiply by +148.81%, add the gain and see the home should be worth $171,677.59 in 1988. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for New-Haven-Milford-CT from 1981 to 1988:
+ 18.60%
Appreciation Comparisons
The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .
- Midland-TX lost - 34.76% from 1982 to 1989
- Midland-TX lost - 32.81% from 1983 thru 1990
- Casper-WY lost - 31.76% from 1983 thru 1990
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
The top 5 performing MSAs from 1981 to 1988 were Springfield-MA, Providence-New-Bedford-Fall-River-RI-MA, Worcester-MA, New-Haven-Milford-CT, and Bridgeport-Stamford-Norwalk-CT .
- Springfield-MA increased +225.43% from 1981 to the end of 1988
- Providence-New-Bedford-Fall-River-RI-MA increased +183.31% from 1981 to the end of 1988
- Worcester-MA increased +171.88% from 1981 to the end of 1988
- New-Haven-Milford-CT increased +148.81% from 1981 to the end of 1988
- Bridgeport-Stamford-Norwalk-CT increased +148.65% from 1981 to the end of 1988
Zip Code in MSA: 6411 - CHESHIRE, CT
MSA Pop: 841873Zip Pop: 0
Avg Value: 0
County: NEW HAVEN
Elev: 10
Region: Northeast
Lat: 41.49882
Long: -72.90108