Real Estate Appreciation for Pensacola Ferry Pass Brent, Florida: + 48.35%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Pensacola Ferry Pass Brent, Florida MSA appreciation it was + 48.35% (+ 16.12% yearly) from 2004 to 2006.
During the same time period, FL had + 62.03% (+ 20.68% yearly).
From 2004 to 2006, Florida outperformed the individual Pensacola Ferry Pass Brent, Florida MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Pensacola-Ferry-Pass-Brent-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2006 | 1 | 229.62 | + 1.83% | + 7.31% |
| 2006 | 2 | 228.55 | - 0.47% | - 1.86% |
| 2006 | 3 | 231.51 | + 1.30% | + 5.18% |
| 2006 | 4 | 230.29 | - 0.53% | - 2.11% |
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
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 $110,000.00 in 2004, you could multiply by + 48.35%, add the gain and see the home should be worth $163,189.46 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Pensacola-Ferry-Pass-Brent-FL from 2004 to 2006:
+ 16.12%
Appreciation Comparisons
The top 5 performing MSAs from 2004 to 2006 were Naples-Marco-Island-FL, Bakersfield-CA, Bend-OR, Phoenix-Mesa-Scottdale-AZ, and Visalia-Porterville-CA .
- Naples-Marco-Island-FL increased + 77.60% from 2004 to the end of 2006
- Bakersfield-CA increased + 77.49% from 2004 to the end of 2006
- Bend-OR increased + 75.09% from 2004 to the end of 2006
- Phoenix-Mesa-Scottdale-AZ increased + 75.00% from 2004 to the end of 2006
- Visalia-Porterville-CA increased + 73.18% from 2004 to the end of 2006
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