Real Estate Appreciation for New Haven Milford, Connecticut: - 4.62%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The New Haven Milford, Connecticut MSA appreciated - 4.62% (- 1.15% yearly) between 1993 and the end of 1996.
The state of CT had - 2.68% total appreciation (- 0.67% 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 than the state as a whole. The state appreaciated - 42.09% faster than this MSA.
New-Haven-Milford-CT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 107.33 | + 0.17% | + 0.67% |
| 1993 | 3 | 107.17 | - 0.15% | - 0.60% |
| 1993 | 4 | 107.09 | - 0.07% | - 0.30% |
| 1994 | 1 | 106.25 | - 0.78% | - 3.14% |
| 1994 | 2 | 103.05 | - 3.01% | - 12.05% |
| 1994 | 3 | 102.78 | - 0.26% | - 1.05% |
| 1994 | 4 | 99.41 | - 3.28% | - 13.12% |
| 1995 | 1 | 100 | + 0.59% | + 2.37% |
| 1995 | 2 | 100.79 | + 0.79% | + 3.16% |
| 1995 | 3 | 103.69 | + 2.88% | + 11.51% |
| 1995 | 4 | 103.74 | + 0.05% | + 0.19% |
| 1996 | 1 | 104.61 | + 0.84% | + 3.35% |
| 1996 | 2 | 103.04 | - 1.50% | - 6.00% |
| 1996 | 3 | 101.44 | - 1.55% | - 6.21% |
| 1996 | 4 | 102.2 | + 0.75% | + 3.00% |
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 $89,000.00 in 1993, you could multiply by - 4.62%, add the gain and see the home should be worth $84,888.47 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for New-Haven-Milford-CT from 1993 to 1996:
- 1.15%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
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