Real Estate Appreciation for Port St Lucie Fort Pierce, Florida: + 18.90%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Port St Lucie Fort Pierce, Florida MSA appreciated + 18.90% (+ 6.30% yearly) for the period between 1999 and the end of 2001.
The state had + 23.07% total appreciation (+ 7.69% yearly).
The state average for Florida was higher than the real estate appreciation in the Port St Lucie Fort Pierce, Florida MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 22.07% faster than this MSA.
Port-St-Lucie-Fort-Pierce-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1999 | 2 | 110.15 | - 0.44% | - 1.77% |
| 1999 | 3 | 109.44 | - 0.64% | - 2.58% |
| 1999 | 4 | 112.12 | + 2.45% | + 9.80% |
| 2000 | 1 | 112.51 | + 0.35% | + 1.39% |
| 2000 | 2 | 114.6 | + 1.86% | + 7.43% |
| 2000 | 3 | 116.13 | + 1.34% | + 5.34% |
| 2000 | 4 | 117.62 | + 1.28% | + 5.13% |
| 2001 | 1 | 122.34 | + 4.01% | + 16.05% |
| 2001 | 2 | 124.5 | + 1.77% | + 7.06% |
| 2001 | 3 | 126.47 | + 1.58% | + 6.33% |
| 2001 | 4 | 131.55 | + 4.02% | + 16.07% |
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 $100,000.00 in 1999, you could multiply by + 18.90%, add the gain and see the home should be worth $118,899.13 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Port-St-Lucie-Fort-Pierce-FL from 1999 to 2001:
+ 6.30%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
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