Real Estate Appreciation for Port St Lucie Fort Pierce, Florida: + 24.09%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Port St Lucie Fort Pierce, Florida did compared to the state as a whole.
The Port St Lucie Fort Pierce, Florida MSA property value change was + 24.09% (+ 12.04% yearly).
All of the property in FL averaged + 32.08% change in value (+ 16.04% yearly).
Port-St-Lucie-Fort-Pierce-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
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 $111,000.00 in 2005, you could multiply by + 24.09%, add the gain and see the home should be worth $137,739.00 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 2005 to 2006:
+ 12.04%
Appreciation Comparisons
The top 5 performing MSAs from 2005 to 2006 were Bend-OR, Boise-City-Nampa-ID, Phoenix-Mesa-Scottdale-AZ, Naples-Marco-Island-FL, and Ocala-FL .
- Bend-OR increased + 52.68% from 2005 to the end of 2006
- Boise-City-Nampa-ID increased + 43.68% from 2005 to the end of 2006
- Phoenix-Mesa-Scottdale-AZ increased + 43.40% from 2005 to the end of 2006
- Naples-Marco-Island-FL increased + 41.08% from 2005 to the end of 2006
- Ocala-FL increased + 40.98% from 2005 to the end of 2006
In contrast, the worst 5 MSAs from 2005 to 2006 were Saginaw-Saginaw-Township-North-MI, Flint-MI, Kokomo-IN, Muncie-IN, and Ann-Arbor-MI .
- Saginaw-Saginaw-Township-North-MI decreased by - 3.27% between 2005 and 2006
- Flint-MI decreased by - 1.05% between 2005 and 2006
- Kokomo-IN decreased by - 1.00% between 2005 and 2006
- Muncie-IN only increased + 0.20% between 2005 and 2006
- Ann-Arbor-MI only increased + 0.22% between 2005 and 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