Real Estate Appreciation for New Haven Milford, Connecticut: + 56.73%
Appreciation for MSAs:.
Let's start by comparing New Haven Milford, Connecticut to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 56.73% (+ 14.18% yearly) for the New Haven Milford, Connecticut MSA.
The entire state of CT had + 50.26% appreciation (+ 12.57% yearly).
The New Haven Milford, Connecticut MSA beat out the state. by + 12.86% appreciation.
New-Haven-Milford-CT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1982 | 4 | 50.74 | + 2.32% | + 9.28% |
| 1983 | 1 | 52.53 | + 3.53% | + 14.11% |
| 1983 | 2 | 53.72 | + 2.27% | + 9.06% |
| 1983 | 3 | 55.07 | + 2.51% | + 10.05% |
| 1983 | 4 | 58.01 | + 5.34% | + 21.35% |
| 1984 | 1 | 59.7 | + 2.91% | + 11.65% |
| 1984 | 2 | 60.42 | + 1.21% | + 4.82% |
| 1984 | 3 | 63.57 | + 5.21% | + 20.85% |
| 1984 | 4 | 63.31 | - 0.41% | - 1.64% |
| 1985 | 1 | 67.35 | + 6.38% | + 25.53% |
| 1985 | 2 | 69.44 | + 3.10% | + 12.41% |
| 1985 | 3 | 73 | + 5.13% | + 20.51% |
| 1985 | 4 | 77.72 | + 6.47% | + 25.86% |
There are a lot of ways to use the appreciation data for New Haven Milford, Connecticut .
Lets look at Branford, 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 Branford, Connecticut check out Spec-Loan.com
If you were going to do a Branford, Connecticut Refinance, or Branford, Connecticut Reverse Mortgages, you could estimate your home value.
If you knew your Branford, Connecticut home was worth $67,000.00 in 1982, you could multiply by + 56.73%, add the gain and see the home should be worth $105,005.85 in 1985. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for New-Haven-Milford-CT from 1982 to 1985:
+ 14.18%
Appreciation Comparisons
The top 5 performing MSAs from 1982 to 1985 were Worcester-MA, Providence-New-Bedford-Fall-River-RI-MA, Bridgeport-Stamford-Norwalk-CT, Rochester-NY, and Albany-Schenectady-Troy-NY .
- Worcester-MA increased + 98.26% from 1982 to the end of 1985
- Providence-New-Bedford-Fall-River-RI-MA increased + 66.81% from 1982 to the end of 1985
- Bridgeport-Stamford-Norwalk-CT increased + 59.86% from 1982 to the end of 1985
- Rochester-NY increased + 51.29% from 1982 to the end of 1985
- Albany-Schenectady-Troy-NY increased + 40.44% from 1982 to the end of 1985
Zip Code in MSA: 6405 - BRANFORD, CT
MSA Pop: 841873Zip Pop: 28670
Avg Value: 171000
County: NEW HAVEN
Elev: 10
Region: Northeast
Lat: 41.27782
Long: -72.7967