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 + 22.52% (+ 11.26% yearly) for the period between 2001 and the end of 2002.

The state had + 18.49% total appreciation (+ 9.24% yearly). The Port St Lucie Fort Pierce, Florida MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.

Port-St-Lucie-Fort-Pierce-FL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%


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 2001, you could multiply by + 22.52%, add the gain and see the home should be worth $126,194.79 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Port-St-Lucie-Fort-Pierce-FL from 2001 to 2002:
+ 11.26%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 2001 to 2002 were Jacksonville-NC, Provo-Orem-UT, Ogden-Clearfield-UT, Lewiston-ID-WA, and Columbus-IN .

  1. Jacksonville-NC only increased + 1.98% between 2001 and 2002
  2. Provo-Orem-UT only increased + 2.30% between 2001 and 2002
  3. Ogden-Clearfield-UT only increased + 2.59% between 2001 and 2002
  4. Lewiston-ID-WA only increased + 2.59% between 2001 and 2002
  5. Columbus-IN only increased + 2.60% between 2001 and 2002

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 34979 - FORT PIERCE, FL

MSA Pop: 348569
Zip Pop: 0
Avg Value: 0
County: SAINT LUCIE
Elev: 16
Region: South
Lat: 27.44712
Long: -80.33703