Real Estate Appreciation for New Haven Milford, Connecticut: + 7.26%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- New Haven Milford, Connecticut: + 7.26%
- State of CT: + 8.56%
- Difference: - 15.25%
New-Haven-Milford-CT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
There are a lot of ways to use the appreciation data for New Haven Milford, Connecticut .
Lets look at Ansonia, 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 Ansonia, Connecticut check out Spec-Loan.com
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 $97,000.00 in 1998, you could multiply by + 7.26%, add the gain and see the home should be worth $104,037.57 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for New-Haven-Milford-CT from 1998 to 1999:
+ 3.63%
Appreciation Comparisons
The top 5 performing MSAs from 1998 to 1999 were Santa-Cruz-Watsonville-CA, San-Jose-Sunnyvale-Santa-Clara-CA, Barnstable-Town-MA, Santa-Rosa-Petaluma-CA, and Napa-CA .
- Santa-Cruz-Watsonville-CA increased + 28.19% from 1998 to the end of 1999
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 24.40% from 1998 to the end of 1999
- Barnstable-Town-MA increased + 24.28% from 1998 to the end of 1999
- Santa-Rosa-Petaluma-CA increased + 22.92% from 1998 to the end of 1999
- Napa-CA increased + 20.67% from 1998 to the end of 1999
In contrast, the worst 5 MSAs from 1998 to 1999 were Honolulu-HI, Buffalo-Niagara-Falls-NY, Scranton-Wilkes-Barre-PA, Grand-Forks-ND-MN, and Midland-TX .
- Honolulu-HI decreased by - 2.52% between 1998 and 1999
- Buffalo-Niagara-Falls-NY decreased by - 2.49% between 1998 and 1999
- Scranton-Wilkes-Barre-PA decreased by - 2.23% between 1998 and 1999
- Grand-Forks-ND-MN decreased by - 2.16% between 1998 and 1999
- Midland-TX decreased by - 1.40% between 1998 and 1999
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