Real Estate Appreciation for Pensacola Ferry Pass Brent, Florida: + 29.37%
Appreciation for MSAs:.
Let's start by comparing Pensacola Ferry Pass Brent, Florida to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 29.37% (+ 9.79% yearly) for the Pensacola Ferry Pass Brent, Florida MSA.
The entire state of FL had + 44.95% appreciation (+ 14.98% yearly).
The state average for Florida was higher than the real estate appreciation in the Pensacola Ferry Pass Brent, Florida MSA. This means the conditions in the MSA for real estate investment were worse by + 53.06%.
Pensacola-Ferry-Pass-Brent-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 138.96 | + 1.14% | + 4.57% |
| 2002 | 3 | 141.11 | + 1.55% | + 6.19% |
| 2002 | 4 | 142.18 | + 0.76% | + 3.03% |
| 2003 | 1 | 144.58 | + 1.69% | + 6.75% |
| 2003 | 2 | 145.76 | + 0.82% | + 3.26% |
| 2003 | 3 | 147.81 | + 1.41% | + 5.63% |
| 2003 | 4 | 150.96 | + 2.13% | + 8.52% |
| 2004 | 1 | 155.23 | + 2.83% | + 11.31% |
| 2004 | 2 | 161.47 | + 4.02% | + 16.08% |
| 2004 | 3 | 168.57 | + 4.40% | + 17.59% |
| 2004 | 4 | 177.74 | + 5.44% | + 21.76% |
Lets look at Pensacola, Florida, a city located in Pensacola Ferry Pass Brent, Florida MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
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 $106,000.00 in 2002, you could multiply by + 29.37%, add the gain and see the home should be worth $137,131.09 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Pensacola-Ferry-Pass-Brent-FL from 2002 to 2004:
+ 9.79%
Appreciation Comparisons
The top 5 performing MSAs from 2002 to 2004 were Riverside-San-Bernardino-Ontario-CA, Fresno-CA, Madera-CA, Yuba-City-CA, and Bakersfield-CA .
- Riverside-San-Bernardino-Ontario-CA increased + 73.90% from 2002 to the end of 2004
- Fresno-CA increased + 73.13% from 2002 to the end of 2004
- Madera-CA increased + 71.44% from 2002 to the end of 2004
- Yuba-City-CA increased + 68.71% from 2002 to the end of 2004
- Bakersfield-CA increased + 67.56% from 2002 to the end of 2004
In contrast, the worst 5 MSAs from 2002 to 2004 were Jackson-TN, Ogden-Clearfield-UT, Austin-Round-Rock-TX, Lafayette-IN, and Burlington-NC .
- Jackson-TN only increased + 4.30% between 2002 and 2004
- Ogden-Clearfield-UT only increased + 4.40% between 2002 and 2004
- Austin-Round-Rock-TX only increased + 4.43% between 2002 and 2004
- Lafayette-IN only increased + 4.95% between 2002 and 2004
- Burlington-NC only increased + 5.39% between 2002 and 2004
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