Real Estate Appreciation for New Haven Milford, Connecticut: + 22.25%
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 + 22.25% (+ 5.56% yearly).
All of the property in CT averaged + 23.63% change in value (+ 5.91% 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% |
| 2000 | 1 | 117.22 | + 1.14% | + 4.56% |
| 2000 | 2 | 119.96 | + 2.34% | + 9.35% |
| 2000 | 3 | 123.14 | + 2.65% | + 10.60% |
| 2000 | 4 | 124.93 | + 1.45% | + 5.81% |
There are a lot of ways to use the appreciation data for New Haven Milford, Connecticut .
Lets look at Branford, 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 Branford, Connecticut 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 $97,000.00 in 1997, you could multiply by + 22.25%, add the gain and see the home should be worth $118,585.09 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for New-Haven-Milford-CT from 1997 to 2000:
+ 5.56%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Salinas-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 82.37% from 1997 to the end of 2000
- Santa-Cruz-Watsonville-CA increased + 74.02% from 1997 to the end of 2000
- Santa-Rosa-Petaluma-CA increased + 61.76% from 1997 to the end of 2000
- Salinas-CA increased + 59.12% from 1997 to the end of 2000
- Napa-CA increased + 54.99% from 1997 to the end of 2000
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
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