Real Estate Appreciation for Port St Lucie Fort Pierce, Florida: + 59.37%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
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 + 59.37% (+ 14.84% yearly) from 2000 to 2003.
During the same time period, FL had + 44.51% (+ 11.13% yearly).
You can see that the Port St Lucie Fort Pierce, Florida MSA experienced higher appreciation in this case.
Port-St-Lucie-Fort-Pierce-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2002 | 1 | 134.18 | + 2.00% | + 8.00% |
| 2002 | 2 | 140.28 | + 4.55% | + 18.18% |
| 2002 | 3 | 145.4 | + 3.65% | + 14.60% |
| 2002 | 4 | 149.89 | + 3.09% | + 12.35% |
| 2003 | 1 | 155.54 | + 3.77% | + 15.08% |
| 2003 | 2 | 162.08 | + 4.20% | + 16.82% |
| 2003 | 3 | 167.61 | + 3.41% | + 13.65% |
| 2003 | 4 | 179.31 | + 6.98% | + 27.92% |
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 $103,000.00 in 2000, you could multiply by + 59.37%, add the gain and see the home should be worth $164,153.68 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Port-St-Lucie-Fort-Pierce-FL from 2000 to 2003:
+ 14.84%
Appreciation Comparisons
The top 5 performing MSAs from 2000 to 2003 were Yuba-City-CA, Barnstable-Town-MA, Modesto-CA, San-Luis-Obispo-Paso-Robles-CA, and San-Diego-Carlsbad-San-Marcos-CA .
- Yuba-City-CA increased + 71.27% from 2000 to the end of 2003
- Barnstable-Town-MA increased + 70.88% from 2000 to the end of 2003
- Modesto-CA increased + 69.30% from 2000 to the end of 2003
- San-Luis-Obispo-Paso-Robles-CA increased + 67.94% from 2000 to the end of 2003
- San-Diego-Carlsbad-San-Marcos-CA increased + 67.84% from 2000 to the end of 2003
In contrast, the worst 5 MSAs from 2000 to 2003 were Ogden-Clearfield-UT, Wenatchee-WA, Provo-Orem-UT, Jackson-TN, and Lafayette-IN .
- Ogden-Clearfield-UT only increased + 7.50% between 2000 and 2003
- Wenatchee-WA only increased + 7.51% between 2000 and 2003
- Provo-Orem-UT only increased + 8.27% between 2000 and 2003
- Jackson-TN only increased + 8.39% between 2000 and 2003
- Lafayette-IN only increased + 8.43% between 2000 and 2003
Zip Code in MSA: 34981 - FORT PIERCE, FL
MSA Pop: 348569Zip Pop: 3263
Avg Value: 99200
County: SAINT LUCIE
Elev: 16
Region: South
Lat: 27.406949
Long: -80.362563