Real Estate Appreciation for Pensacola Ferry Pass Brent, Florida: + 11.90%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Pensacola Ferry Pass Brent, Florida did compared to the state as a whole.
The Pensacola Ferry Pass Brent, Florida MSA property value change was + 11.90% (+ 3.97% yearly).
All of the property in FL averaged + 12.07% change in value (+ 4.02% yearly).
Pensacola-Ferry-Pass-Brent-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 114.89 | + 4.01% | + 16.04% |
| 1997 | 3 | 116.78 | + 1.65% | + 6.58% |
| 1997 | 4 | 119.06 | + 1.95% | + 7.81% |
| 1998 | 1 | 120.73 | + 1.40% | + 5.61% |
| 1998 | 2 | 120.15 | - 0.48% | - 1.92% |
| 1998 | 3 | 120.6 | + 0.37% | + 1.50% |
| 1998 | 4 | 123.67 | + 2.55% | + 10.18% |
| 1999 | 1 | 123.94 | + 0.22% | + 0.87% |
| 1999 | 2 | 123.92 | - 0.02% | - 0.06% |
| 1999 | 3 | 124.35 | + 0.35% | + 1.39% |
| 1999 | 4 | 123.61 | - 0.60% | - 2.38% |
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Pensacola, Florida click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Pensacola Ferry Pass Brent, Florida.
If you were going to do a Pensacola, Florida Refinance, or Pensacola, Florida Reverse Mortgages, you could estimate your home value.
If you knew your Pensacola, Florida home was worth $96,000.00 in 1997, you could multiply by + 11.90%, add the gain and see the home should be worth $107,428.57 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Pensacola-Ferry-Pass-Brent-FL from 1997 to 1999:
+ 3.97%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 1999 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Barnstable-Town-MA, Santa-Rosa-Petaluma-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 41.42% from 1997 to the end of 1999
- Santa-Cruz-Watsonville-CA increased + 41.11% from 1997 to the end of 1999
- Barnstable-Town-MA increased + 32.18% from 1997 to the end of 1999
- Santa-Rosa-Petaluma-CA increased + 29.26% from 1997 to the end of 1999
- Napa-CA increased + 28.79% from 1997 to the end of 1999
Zip Code in MSA: 32502 - PENSACOLA, FL
MSA Pop: 428978Zip Pop: 0
Avg Value: 0
County: ESCAMBIA
Elev: 39
Region: South
Lat: 30.42062
Long: -87.22415