Real Estate Appreciation for New Haven Milford, Connecticut: + 2.20%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how New Haven Milford, Connecticut did compared to the state as a whole.
The New Haven Milford, Connecticut MSA property value change was + 2.20% (+ 1.10% yearly).
All of the property in CT averaged + 2.98% change in value (+ 1.49% yearly).
New-Haven-Milford-CT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Ansonia, Connecticut Refinance, or Ansonia, Connecticut Reverse Mortgages, you could estimate your home value.
If you knew your Ansonia, Connecticut home was worth $91,000.00 in 1995, you could multiply by + 2.20%, add the gain and see the home should be worth $93,002.00 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for New-Haven-Milford-CT from 1995 to 1996:
+ 1.10%
Appreciation Comparisons
The top 5 performing MSAs from 1995 to 1996 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Pittsfield-MA, Danville-IL, and Bay-City-MI .
- Salt-Lake-City-UT increased + 17.55% from 1995 to the end of 1996
- Ogden-Clearfield-UT increased + 17.36% from 1995 to the end of 1996
- Pittsfield-MA increased + 17.05% from 1995 to the end of 1996
- Danville-IL increased + 16.75% from 1995 to the end of 1996
- Bay-City-MI increased + 16.66% from 1995 to the end of 1996
In contrast, the worst 5 MSAs from 1995 to 1996 were Honolulu-HI, Cumberland-MD-WV, Utica-Rome-NY, Binghamton-NY, and Madera-CA .
- Honolulu-HI decreased by - 7.92% between 1995 and 1996
- Cumberland-MD-WV decreased by - 4.44% between 1995 and 1996
- Utica-Rome-NY decreased by - 4.03% between 1995 and 1996
- Binghamton-NY decreased by - 3.46% between 1995 and 1996
- Madera-CA decreased by - 3.21% between 1995 and 1996
Zip Code in MSA: 6401 - ANSONIA, CT
MSA Pop: 841873Zip Pop: 18554
Avg Value: 139500
County: NEW HAVEN
Elev: 10
Region: Northeast
Lat: 41.342565
Long: -73.073237