Real Estate Appreciation for New Haven Milford, Connecticut: + 36.92%
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 + 36.92% (+ 3.36% yearly) for the New Haven Milford, Connecticut MSA.
The entire state of CT had + 41.14% appreciation (+ 3.74% 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 + 11.42%.
New-Haven-Milford-CT
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for New-Haven-Milford-CT here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Connecticut, you can do some research at Spec-Loan.com.
If you were going to do a Guilford, Connecticut Refinance, or Guilford, Connecticut Reverse Mortgages, you could estimate your home value.
If you knew your Guilford, Connecticut home was worth $94,000.00 in 1992, you could multiply by + 36.92%, add the gain and see the home should be worth $128,708.74 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for New-Haven-Milford-CT from 1992 to 2002:
+ 3.36%
Appreciation Comparisons
For a 11 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Providence-New-Bedford-Fall-River-RI-MA .
- Bridgeport-Stamford-Norwalk-CT increased +291.00% from 1977 thru 1987
- New-Haven-Milford-CT increased +263.57% from 1978 thru 1988
- Salinas-CA increased +257.03% from 1995 thru 2005
- Salinas-CA increased +246.95% from 1996 thru 2006
- Providence-New-Bedford-Fall-River-RI-MA increased +246.07% from 1977 thru 1987
Zip Code in MSA: 6437 - GUILFORD, CT
MSA Pop: 841873Zip Pop: 21366
Avg Value: 230800
County: NEW HAVEN
Elev: 10
Region: Northeast
Lat: 41.31431
Long: -72.696988