Real Estate Appreciation for New Haven Milford, Connecticut: + 37.35%
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 + 37.35% (+ 5.34% yearly).
All of the property in CT averaged + 39.95% change in value (+ 5.71% yearly).
New-Haven-Milford-CT
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 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 Cheshire, Connecticut Refinance, or Cheshire, Connecticut Reverse Mortgages, you could estimate your home value.
If you knew your Cheshire, Connecticut home was worth $96,000.00 in 1995, you could multiply by + 37.35%, add the gain and see the home should be worth $131,856.00 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for New-Haven-Milford-CT from 1995 to 2001:
+ 5.34%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1995 to 2001 were Honolulu-HI, Odessa-TX, Lawton-OK, El-Paso-TX, and Buffalo-Niagara-Falls-NY .
- Honolulu-HI decreased by - 5.27% between 1995 and 2001
- Odessa-TX only increased + 11.46% between 1995 and 2001
- Lawton-OK only increased + 11.56% between 1995 and 2001
- El-Paso-TX only increased + 12.88% between 1995 and 2001
- Buffalo-Niagara-Falls-NY only increased + 13.30% between 1995 and 2001
The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .
- Lafayette-LA lost - 40.40% from 1982 to 1988
- Casper-WY lost - 35.78% from 1983 thru 1989
- Midland-TX lost - 32.81% from 1983 thru 1989
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
Zip Code in MSA: 6410 - CHESHIRE, CT
MSA Pop: 841873Zip Pop: 28570
Avg Value: 206800
County: NEW HAVEN
Elev: 10
Region: Northeast
Lat: 41.506948
Long: -72.907488