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 + 49.83% (+ 9.97% yearly) for the period between 1999 and the end of 2003.

The state had + 48.24% total appreciation (+ 9.65% yearly). The New Haven Milford, Connecticut MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.

New-Haven-Milford-CT

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2000-2003 Quarterly Detailed Appreciation


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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 $102,000.00 in 1999, you could multiply by + 49.83%, add the gain and see the home should be worth $152,831.35 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for New-Haven-Milford-CT from 1999 to 2003:
+ 9.97%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Grand-Junction-CO lost - 30.66% from 1982 thru 1986
  2. Anchorage-AK lost - 30.21% from 1985 thru 1989

Zip Code in MSA: 6408 - CHESHIRE, CT

MSA Pop: 841873
Zip Pop: 0
Avg Value: 0
County: NEW HAVEN
Elev: 10
Region: Northeast
Lat: 41.498889
Long: -72.901111