Real Estate Appreciation for New Haven Milford, Connecticut: - 10.66%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- New Haven Milford, Connecticut: - 10.66%
- State of CT: - 10.14%
- Difference: + 5.06%
New-Haven-Milford-CT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1988 | 2 | 127.08 | + 2.82% | + 11.26% |
| 1988 | 3 | 125.07 | - 1.58% | - 6.33% |
| 1988 | 4 | 125.25 | + 0.14% | + 0.58% |
| 1989 | 1 | 122.89 | - 1.88% | - 7.54% |
| 1989 | 2 | 121.87 | - 0.83% | - 3.32% |
| 1989 | 3 | 122.95 | + 0.89% | + 3.54% |
| 1989 | 4 | 122.26 | - 0.56% | - 2.24% |
| 1990 | 1 | 121.28 | - 0.80% | - 3.21% |
| 1990 | 2 | 117.9 | - 2.79% | - 11.15% |
| 1990 | 3 | 114.78 | - 2.65% | - 10.59% |
| 1990 | 4 | 113.35 | - 1.25% | - 4.98% |
| 1991 | 1 | 112.21 | - 1.01% | - 4.02% |
| 1991 | 2 | 110.88 | - 1.19% | - 4.74% |
| 1991 | 3 | 109.27 | - 1.45% | - 5.81% |
| 1991 | 4 | 110.43 | + 1.06% | + 4.25% |
Lets look at Branford, Connecticut, a city located in New Haven Milford, Connecticut MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans 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 $79,000.00 in 1988, you could multiply by - 10.66%, add the gain and see the home should be worth $70,582.28 in 1991. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for New-Haven-Milford-CT from 1988 to 1991:
- 2.66%
Appreciation Comparisons
The top 5 performing MSAs from 1988 to 1991 were Honolulu-HI, Bellingham-WA, Bend-OR, Mount-Vernon-Anacortes-WA, and Santa-Rosa-Petaluma-CA .
- Honolulu-HI increased + 85.51% from 1988 to the end of 1991
- Bellingham-WA increased + 70.72% from 1988 to the end of 1991
- Bend-OR increased + 63.12% from 1988 to the end of 1991
- Mount-Vernon-Anacortes-WA increased + 57.54% from 1988 to the end of 1991
- Santa-Rosa-Petaluma-CA increased + 54.60% from 1988 to the end of 1991
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