Real Estate Appreciation for Portland Vancouver Beaverton, Oregon, Washington: + 15.13%
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 Portland Vancouver Beaverton, Oregon, Washington MSA appreciated + 15.13% (+ 3.78% yearly) for the period between 1999 and the end of 2002.
The state had + 15.97% total appreciation (+ 3.99% yearly).
The state average for Oregon was higher than the real estate appreciation in the Portland Vancouver Beaverton, Oregon, Washington MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 5.55% faster than this MSA.
Portland-Vancouver-Beaverton-OR-WA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1999 | 2 | 130.41 | + 0.80% | + 3.18% |
| 1999 | 3 | 130.24 | - 0.13% | - 0.52% |
| 1999 | 4 | 131.01 | + 0.59% | + 2.36% |
| 2000 | 1 | 132.46 | + 1.11% | + 4.43% |
| 2000 | 2 | 133.01 | + 0.42% | + 1.66% |
| 2000 | 3 | 134.03 | + 0.77% | + 3.07% |
| 2000 | 4 | 135.48 | + 1.08% | + 4.33% |
| 2001 | 1 | 139.02 | + 2.61% | + 10.45% |
| 2001 | 2 | 140.41 | + 1.00% | + 4.00% |
| 2001 | 3 | 141.51 | + 0.78% | + 3.13% |
| 2001 | 4 | 142.76 | + 0.88% | + 3.53% |
| 2002 | 1 | 144.54 | + 1.25% | + 4.99% |
| 2002 | 2 | 145.68 | + 0.79% | + 3.15% |
| 2002 | 3 | 148.07 | + 1.64% | + 6.56% |
| 2002 | 4 | 148.96 | + 0.60% | + 2.40% |
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 Portland-Vancouver-Beaverton-OR-WA here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Oregon, you can do some research at Spec-Loan.com.
If you were going to do a Beaverton, Oregon Refinance, or Beaverton, Oregon Reverse Mortgages, you could estimate your home value.
If you knew your Beaverton, Oregon home was worth $101,000.00 in 1999, you could multiply by + 15.13%, add the gain and see the home should be worth $116,285.05 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Portland-Vancouver-Beaverton-OR-WA from 1999 to 2002:
+ 3.78%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
Zip Code in MSA: 97005 - BEAVERTON, OR
MSA Pop: 2040258Zip Pop: 24678
Avg Value: 143400
County: WASHINGTON
Elev: 174
Region: West
Lat: 45.4899
Long: -122.8032