Real Estate Appreciation for New Haven Milford, Connecticut: + 35.75%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case New Haven Milford, Connecticut MSA appreciated + 35.75% (+ 8.94% yearly) for the period between 1999 and the end of 2002.
The state had + 35.76% total appreciation (+ 8.94% yearly).
The state average for Connecticut was higher than the real estate appreciation in the New Haven Milford, Connecticut MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 0.03% faster than this MSA.
New-Haven-Milford-CT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2001 | 1 | 128.26 | + 2.67% | + 10.66% |
| 2001 | 2 | 131.08 | + 2.20% | + 8.79% |
| 2001 | 3 | 134.98 | + 2.98% | + 11.90% |
| 2001 | 4 | 137.35 | + 1.76% | + 7.02% |
| 2002 | 1 | 140.24 | + 2.10% | + 8.42% |
| 2002 | 2 | 144.36 | + 2.94% | + 11.75% |
| 2002 | 3 | 148.38 | + 2.78% | + 11.14% |
| 2002 | 4 | 151.89 | + 2.37% | + 9.46% |
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 $101,000.00 in 1999, you could multiply by + 35.75%, add the gain and see the home should be worth $137,106.89 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for New-Haven-Milford-CT from 1999 to 2002:
+ 8.94%
Appreciation Comparisons
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