Real Estate Appreciation for Port St Lucie Fort Pierce, Florida: +135.01%
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 +135.01% (+ 27.00% yearly) for the period between 2001 and the end of 2005.
The state had +103.08% total appreciation (+ 20.62% 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
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
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 $106,000.00 in 2001, you could multiply by +135.01%, add the gain and see the home should be worth $249,109.53 in 2005. 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 2005:
+ 27.00%
Appreciation Comparisons
The worst 5 MSAs from 2001 to 2005 were Lafayette-IN, Burlington-NC, Rocky-Mount-NC, Decatur-AL, and Jonesboro-AR .
- Lafayette-IN only increased + 9.24% between 2001 and 2005
- Burlington-NC only increased + 9.68% between 2001 and 2005
- Rocky-Mount-NC only increased + 11.41% between 2001 and 2005
- Decatur-AL only increased + 12.39% between 2001 and 2005
- Jonesboro-AR only increased + 12.46% between 2001 and 2005
For a 5 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Worcester-MA, Fresno-CA, Madera-CA, and Yuba-City-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +139.57% from 1976 thru 1980
- Worcester-MA increased +138.82% from 1982 thru 1986
- Fresno-CA increased +137.23% from 2001 thru 2005
- Madera-CA increased +136.99% from 2001 thru 2005
- Yuba-City-CA increased +136.08% from 2001 thru 2005
The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .
- Casper-WY lost - 42.34% from 1983 to 1987
- Lafayette-LA lost - 39.59% from 1983 thru 1987
- Lafayette-LA lost - 37.20% from 1984 thru 1988
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
Zip Code in MSA: 34982 - FORT PIERCE, FL
MSA Pop: 348569Zip Pop: 23018
Avg Value: 68700
County: SAINT LUCIE
Elev: 16
Region: South
Lat: 27.392322
Long: -80.333815