Real Estate Appreciation for Palm Bay Melbourne Titusville, Florida: + 85.00%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Palm Bay Melbourne Titusville, Florida MSA appreciated + 85.00% (+ 28.33% yearly) between 2003 and the end of 2005.
The state of FL had + 67.92% total appreciation (+ 22.64% yearly).
The Palm Bay Melbourne Titusville, Florida MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 25.15% faster than the state as a whole.
Palm-Bay-Melbourne-Titusville-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2003 | 2 | 151.96 | + 2.39% | + 9.54% |
| 2003 | 3 | 156.34 | + 2.88% | + 11.53% |
| 2003 | 4 | 164.4 | + 5.16% | + 20.62% |
| 2004 | 1 | 172.41 | + 4.87% | + 19.49% |
| 2004 | 2 | 183.9 | + 6.66% | + 26.66% |
| 2004 | 3 | 201.03 | + 9.31% | + 37.26% |
| 2004 | 4 | 210.62 | + 4.77% | + 19.08% |
| 2005 | 1 | 226.71 | + 7.64% | + 30.56% |
| 2005 | 2 | 244.95 | + 8.05% | + 32.18% |
| 2005 | 3 | 260.08 | + 6.18% | + 24.71% |
| 2005 | 4 | 274.58 | + 5.58% | + 22.30% |
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If you were going to do a Scottsmoor, Florida Refinance, or Scottsmoor, Florida Reverse Mortgages, you could estimate your home value.
If you knew your Scottsmoor, Florida home was worth $108,000.00 in 2003, you could multiply by + 85.00%, add the gain and see the home should be worth $199,802.18 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Palm-Bay-Melbourne-Titusville-FL from 2003 to 2005:
+ 28.33%
Appreciation Comparisons
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
Zip Code in MSA: 32775 - SCOTTSMOOR, FL
MSA Pop: 505711Zip Pop: 603
Avg Value: 72100
County: BREVARD
Elev: 18
Region: South
Lat: 28.765863
Long: -80.871292