Real Estate Appreciation for Port St Lucie Fort Pierce, Florida: + 58.85%
Appreciation for MSAs:.
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 + 58.85% (+ 19.62% yearly) from 2004 to 2006.
During the same time period, FL had + 62.03% (+ 20.68% yearly).
From 2004 to 2006, Florida outperformed the individual Port St Lucie Fort Pierce, Florida MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Port-St-Lucie-Fort-Pierce-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2004 | 2 | 199.22 | + 7.29% | + 29.15% |
| 2004 | 3 | 212.5 | + 6.67% | + 26.66% |
| 2004 | 4 | 222.6 | + 4.75% | + 19.01% |
| 2005 | 1 | 237.7 | + 6.78% | + 27.13% |
| 2005 | 2 | 254.91 | + 7.24% | + 28.96% |
| 2005 | 3 | 272.2 | + 6.78% | + 27.13% |
| 2005 | 4 | 287.51 | + 5.62% | + 22.50% |
| 2006 | 1 | 295.59 | + 2.81% | + 11.24% |
| 2006 | 2 | 295.45 | - 0.05% | - 0.19% |
| 2006 | 3 | 294.96 | - 0.17% | - 0.66% |
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 $110,000.00 in 2004, you could multiply by + 58.85%, add the gain and see the home should be worth $174,729.93 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Port-St-Lucie-Fort-Pierce-FL from 2004 to 2006:
+ 19.62%
Appreciation Comparisons
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
The top 5 performing MSAs from 2004 to 2006 were Naples-Marco-Island-FL, Bakersfield-CA, Bend-OR, Phoenix-Mesa-Scottdale-AZ, and Visalia-Porterville-CA .
- Naples-Marco-Island-FL increased + 77.60% from 2004 to the end of 2006
- Bakersfield-CA increased + 77.49% from 2004 to the end of 2006
- Bend-OR increased + 75.09% from 2004 to the end of 2006
- Phoenix-Mesa-Scottdale-AZ increased + 75.00% from 2004 to the end of 2006
- Visalia-Porterville-CA increased + 73.18% from 2004 to the end of 2006
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