Real Estate Appreciation for Port St Lucie Fort Pierce, Florida: + 1.92%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Port St Lucie Fort Pierce, Florida: + 1.92%
- State of FL: + 4.24%
- Difference: - 54.65%
Port-St-Lucie-Fort-Pierce-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
There are a lot of ways to use the appreciation data for Port St Lucie Fort Pierce, Florida .
Lets look at Fort Pierce, Florida, a city located in Port St Lucie Fort Pierce, Florida MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Fort Pierce, Florida check out Spec-Loan.com
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 $93,000.00 in 1996, you could multiply by + 1.92%, add the gain and see the home should be worth $94,786.92 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 1996 to 1997:
+ 0.96%
Appreciation Comparisons
The top 5 performing MSAs from 1996 to 1997 were San-Jose-Sunnyvale-Santa-Clara-CA, Bay-City-MI, Jackson-MI, Monroe-MI, and Muskegon-North-Shores-MI .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 18.65% from 1996 to the end of 1997
- Bay-City-MI increased + 14.57% from 1996 to the end of 1997
- Jackson-MI increased + 14.25% from 1996 to the end of 1997
- Monroe-MI increased + 14.01% from 1996 to the end of 1997
- Muskegon-North-Shores-MI increased + 13.83% from 1996 to the end of 1997
In contrast, the worst 5 MSAs from 1996 to 1997 were Honolulu-HI, Utica-Rome-NY, Lewiston-Auburn-ME, Madera-CA, and Johnstown-PA .
- Honolulu-HI decreased by - 11.37% between 1996 and 1997
- Utica-Rome-NY decreased by - 5.89% between 1996 and 1997
- Lewiston-Auburn-ME decreased by - 2.85% between 1996 and 1997
- Madera-CA decreased by - 2.52% between 1996 and 1997
- Johnstown-PA decreased by - 2.31% between 1996 and 1997
Zip Code in MSA: 34979 - FORT PIERCE, FL
MSA Pop: 348569Zip Pop: 0
Avg Value: 0
County: SAINT LUCIE
Elev: 16
Region: South
Lat: 27.44712
Long: -80.33703