Real Estate Appreciation for Pensacola Ferry Pass Brent, Florida: + 55.97%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Pensacola Ferry Pass Brent, Florida MSA appreciated + 55.97% (+ 18.66% yearly) between 2003 and the end of 2005.
The state of FL had + 67.92% total appreciation (+ 22.64% 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 than the state as a whole. The state appreaciated + 21.35% faster than this MSA.
Pensacola-Ferry-Pass-Brent-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2005 | 1 | 189.68 | + 6.72% | + 26.87% |
| 2005 | 2 | 204.78 | + 7.96% | + 31.84% |
| 2005 | 3 | 219.01 | + 6.95% | + 27.80% |
| 2005 | 4 | 225.5 | + 2.96% | + 11.85% |
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 $108,000.00 in 2003, you could multiply by + 55.97%, add the gain and see the home should be worth $168,446.53 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Pensacola-Ferry-Pass-Brent-FL from 2003 to 2005:
+ 18.66%
Appreciation Comparisons
The top 5 performing MSAs from 2003 to 2005 were 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 to the end of 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 to the end of 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 to the end of 2005
- Madera-CA increased + 85.39% from 2003 to the end of 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 to the end of 2005
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