Real Estate Appreciation for New Haven Milford, Connecticut: + 12.62%
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 + 12.62% (+ 1.40% yearly) for the New Haven Milford, Connecticut MSA.
The entire state of CT had + 17.22% appreciation (+ 1.91% yearly).
The state average for Connecticut was higher than the real estate appreciation in the New Haven Milford, Connecticut MSA. This means the conditions in the MSA for real estate investment were worse by + 36.44%.
New-Haven-Milford-CT
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1997-2000 Quarterly Detailed Appreciation
1994-1997 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 $92,000.00 in 1992, you could multiply by + 12.62%, add the gain and see the home should be worth $103,610.93 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for New-Haven-Milford-CT from 1992 to 2000:
+ 1.40%
Appreciation Comparisons
The worst 5 MSAs from 1992 to 2000 were Honolulu-HI, Binghamton-NY, Utica-Rome-NY, Albany-Schenectady-Troy-NY, and Bakersfield-CA .
- Honolulu-HI decreased by - 11.63% between 1992 and 2000
- Binghamton-NY decreased by - 1.61% between 1992 and 2000
- Utica-Rome-NY decreased by - 0.25% between 1992 and 2000
- Albany-Schenectady-Troy-NY decreased by - 0.02% between 1992 and 2000
- Bakersfield-CA only increased + 0.18% between 1992 and 2000
For a 9 year period, the top 5 performing MSAs of all time are Salinas-CA, Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, and San-Diego-Carlsbad-San-Marcos-CA .
- Salinas-CA increased +251.65% from 1997 thru 2005
- Salinas-CA increased +229.40% from 1998 thru 2006
- Springfield-MA increased +229.07% from 1981 thru 1989
- Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
- San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005
The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .
- Midland-TX lost - 34.76% from 1982 to 1990
- Midland-TX lost - 32.77% from 1983 thru 1991
- Lafayette-LA lost - 26.59% from 1982 thru 1990
- Casper-WY lost - 26.42% from 1983 thru 1991
- Midland-TX lost - 25.57% from 1984 thru 1992
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