Real Estate Appreciation for Port St Lucie Fort Pierce, Florida: + 6.92%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Port St Lucie Fort Pierce, Florida did compared to the state as a whole.
The Port St Lucie Fort Pierce, Florida MSA property value change was + 6.92% (+ 2.31% yearly).
All of the property in FL averaged + 12.07% change in value (+ 4.02% yearly).
Port-St-Lucie-Fort-Pierce-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 102.91 | - 1.86% | - 7.44% |
| 1997 | 3 | 103.63 | + 0.70% | + 2.80% |
| 1997 | 4 | 106.09 | + 2.37% | + 9.50% |
| 1998 | 1 | 107.2 | + 1.05% | + 4.19% |
| 1998 | 2 | 107.26 | + 0.06% | + 0.22% |
| 1998 | 3 | 107.36 | + 0.09% | + 0.37% |
| 1998 | 4 | 109.2 | + 1.71% | + 6.86% |
| 1999 | 1 | 110.64 | + 1.32% | + 5.27% |
| 1999 | 2 | 110.15 | - 0.44% | - 1.77% |
| 1999 | 3 | 109.44 | - 0.64% | - 2.58% |
| 1999 | 4 | 112.12 | + 2.45% | + 9.80% |
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Port-St-Lucie-Fort-Pierce-FL here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Florida, you can do some research at 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 $96,000.00 in 1997, you could multiply by + 6.92%, add the gain and see the home should be worth $102,646.58 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Port-St-Lucie-Fort-Pierce-FL from 1997 to 1999:
+ 2.31%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 1999 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Barnstable-Town-MA, Santa-Rosa-Petaluma-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 41.42% from 1997 to the end of 1999
- Santa-Cruz-Watsonville-CA increased + 41.11% from 1997 to the end of 1999
- Barnstable-Town-MA increased + 32.18% from 1997 to the end of 1999
- Santa-Rosa-Petaluma-CA increased + 29.26% from 1997 to the end of 1999
- Napa-CA increased + 28.79% from 1997 to the end of 1999
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