Real Estate Appreciation for New Haven Milford, Connecticut: + 13.42%
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 + 13.42% (+ 4.47% yearly).
All of the property in CT averaged + 14.14% change in value (+ 4.71% yearly).
New-Haven-Milford-CT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 102.13 | - 0.06% | - 0.23% |
| 1997 | 3 | 103.62 | + 1.46% | + 5.84% |
| 1997 | 4 | 105.27 | + 1.59% | + 6.37% |
| 1998 | 1 | 108.06 | + 2.65% | + 10.60% |
| 1998 | 2 | 108.14 | + 0.07% | + 0.30% |
| 1998 | 3 | 109.51 | + 1.27% | + 5.07% |
| 1998 | 4 | 111.37 | + 1.70% | + 6.79% |
| 1999 | 1 | 111.89 | + 0.47% | + 1.87% |
| 1999 | 2 | 113.14 | + 1.12% | + 4.47% |
| 1999 | 3 | 114.39 | + 1.10% | + 4.42% |
| 1999 | 4 | 115.9 | + 1.32% | + 5.28% |
Some of the ways peope use our appreciation data for New Haven Milford, Connecticut include real estate investment .
Lets look at Beacon Falls, Connecticut, a city located in New Haven Milford, Connecticut MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Connecticut check out Spec-Loan.com
If you were going to do a Beacon Falls, Connecticut Refinance, or Beacon Falls, Connecticut Reverse Mortgages, you could estimate your home value.
If you knew your Beacon Falls, Connecticut home was worth $96,000.00 in 1997, you could multiply by + 13.42%, add the gain and see the home should be worth $108,879.54 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for New-Haven-Milford-CT from 1997 to 1999:
+ 4.47%
Appreciation Comparisons
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
The top 5 performing MSAs from 1997 to 1999 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Barnstable-Town-MA, Santa-Rosa-Petaluma-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 41.42% from 1997 to the end of 1999
- Santa-Cruz-Watsonville-CA increased + 41.11% from 1997 to the end of 1999
- Barnstable-Town-MA increased + 32.18% from 1997 to the end of 1999
- Santa-Rosa-Petaluma-CA increased + 29.26% from 1997 to the end of 1999
- Napa-CA increased + 28.79% from 1997 to the end of 1999
Zip Code in MSA: 6403 - BEACON FALLS, CT
MSA Pop: 841873Zip Pop: 5226
Avg Value: 148100
County: NEW HAVEN
Elev: 10
Region: Northeast
Lat: 41.434779
Long: -73.062932