Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze New Haven Milford, Connecticut MSA appreciation it was + 9.08% (+ 1.51% yearly) from 1994 to 1999.

During the same time period, CT had + 12.04% (+ 2.01% yearly). From 1994 to 1999, Connecticut outperformed the individual New Haven Milford, Connecticut MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

New-Haven-Milford-CT

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1996-1999 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 $93,000.00 in 1994, you could multiply by + 9.08%, add the gain and see the home should be worth $101,446.59 in 1999. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for New-Haven-Milford-CT from 1994 to 1999:
+ 1.51%

Appreciation Comparisons

The top 5 performing MSAs from 1994 to 1999 were San-Jose-Sunnyvale-Santa-Clara-CA, Denver-Aurora-CO, Monroe-MI, Battle-Creek-MI, and Jackson-MI .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased + 55.06% from 1994 to the end of 1999
  2. Denver-Aurora-CO increased + 54.88% from 1994 to the end of 1999
  3. Monroe-MI increased + 50.44% from 1994 to the end of 1999
  4. Battle-Creek-MI increased + 49.19% from 1994 to the end of 1999
  5. Jackson-MI increased + 48.18% from 1994 to the end of 1999

Zip Code in MSA: 6408 - CHESHIRE, CT

MSA Pop: 841873
Zip Pop: 0
Avg Value: 0
County: NEW HAVEN
Elev: 10
Region: Northeast
Lat: 41.498889
Long: -72.901111