Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Port St Lucie Fort Pierce, Florida MSA appreciation it was + 3.14% (+ 0.79% yearly) from 1994 to 1997.

During the same time period, FL had + 9.37% (+ 2.34% yearly). From 1994 to 1997, Florida outperformed the individual Port St Lucie Fort Pierce, Florida MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Port-St-Lucie-Fort-Pierce-FL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1994 2 100.2 - 2.59% - 10.34%
1994 3 99.48 - 0.72% - 2.87%
1994 4 99.2 - 0.28% - 1.13%
1995 1 100 + 0.81% + 3.23%
1995 2 101.62 + 1.62% + 6.48%
1995 3 103.21 + 1.56% + 6.26%
1995 4 102.14 - 1.04% - 4.15%
1996 1 104.09 + 1.91% + 7.64%
1996 2 100.89 - 3.07% - 12.30%
1996 3 101.24 + 0.35% + 1.39%
1996 4 101.9 + 0.65% + 2.61%
1997 1 104.86 + 2.90% + 11.62%
1997 2 102.91 - 1.86% - 7.44%
1997 3 103.63 + 0.70% + 2.80%
1997 4 106.09 + 2.37% + 9.50%


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 Fort Pierce, Florida Refinance, or Fort Pierce, Florida Reverse Mortgages, you could estimate your home value.

If you knew your Fort Pierce, Florida home was worth $91,000.00 in 1994, you could multiply by + 3.14%, add the gain and see the home should be worth $93,857.57 in 1997. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Port-St-Lucie-Fort-Pierce-FL from 1994 to 1997:
+ 0.79%

Appreciation Comparisons

The worst 5 MSAs from 1994 to 1997 were Honolulu-HI, Utica-Rome-NY, Binghamton-NY, Riverside-San-Bernardino-Ontario-CA, and Kingston-NY .

  1. Honolulu-HI decreased by - 14.47% between 1994 and 1997
  2. Utica-Rome-NY decreased by - 12.23% between 1994 and 1997
  3. Binghamton-NY decreased by - 9.70% between 1994 and 1997
  4. Riverside-San-Bernardino-Ontario-CA decreased by - 8.40% between 1994 and 1997
  5. Kingston-NY decreased by - 6.47% between 1994 and 1997

For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .

  1. Bakersfield-CA increased +116.36% from 2002 thru 2005
  2. Fresno-CA increased +116.09% from 2002 thru 2005
  3. Madera-CA increased +114.32% from 2002 thru 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
  5. Bakersfield-CA increased +110.89% from 2003 thru 2006

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

Zip Code in MSA: 34981 - FORT PIERCE, FL

MSA Pop: 348569
Zip Pop: 3263
Avg Value: 99200
County: SAINT LUCIE
Elev: 16
Region: South
Lat: 27.406949
Long: -80.362563