Real Estate Appreciation for New Haven Milford, Connecticut: + 90.92%
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 + 90.92% (+ 12.99% yearly) for the period between 1999 and the end of 2005.
The state had + 87.58% total appreciation (+ 12.51% 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 OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 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 $104,000.00 in 1999, you could multiply by + 90.92%, add the gain and see the home should be worth $198,556.44 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for New-Haven-Milford-CT from 1999 to 2005:
+ 12.99%
Appreciation Comparisons
For a 7 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Merced-CA, Naples-Marco-Island-FL, and Vallejo-Fairfield-CA .
- Salinas-CA increased +208.13% from 1999 thru 2005
- Springfield-MA increased +199.02% from 1981 thru 1987
- Merced-CA increased +193.70% from 1999 thru 2005
- Naples-Marco-Island-FL increased +186.53% from 1999 thru 2005
- Vallejo-Fairfield-CA increased +185.64% from 1999 thru 2005
Zip Code in MSA: 6410 - CHESHIRE, CT
MSA Pop: 841873Zip Pop: 28570
Avg Value: 206800
County: NEW HAVEN
Elev: 10
Region: Northeast
Lat: 41.506948
Long: -72.907488