Real Estate Appreciation for Providence New Bedford Fall River, Rhode Island, Massachusettes: + 54.33%
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 Providence New Bedford Fall River, Rhode Island, Massachusettes MSA appreciated + 54.33% (+ 13.58% yearly) for the period between 1999 and the end of 2002.
The state had + 52.72% total appreciation (+ 13.18% yearly).
The Providence New Bedford Fall River, Rhode Island, Massachusettes 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.
Providence-New-Bedford-Fall-River-RI-MA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1999 | 2 | 114.22 | + 1.29% | + 5.14% |
| 1999 | 3 | 116.87 | + 2.32% | + 9.28% |
| 1999 | 4 | 118.82 | + 1.67% | + 6.67% |
| 2000 | 1 | 123.01 | + 3.53% | + 14.11% |
| 2000 | 2 | 126.51 | + 2.85% | + 11.38% |
| 2000 | 3 | 130.53 | + 3.18% | + 12.71% |
| 2000 | 4 | 133.27 | + 2.10% | + 8.40% |
| 2001 | 1 | 136.62 | + 2.51% | + 10.05% |
| 2001 | 2 | 141.26 | + 3.40% | + 13.59% |
| 2001 | 3 | 146.61 | + 3.79% | + 15.15% |
| 2001 | 4 | 149.82 | + 2.19% | + 8.76% |
| 2002 | 1 | 155.33 | + 3.68% | + 14.71% |
| 2002 | 2 | 162.61 | + 4.69% | + 18.75% |
| 2002 | 3 | 168.69 | + 3.74% | + 14.96% |
| 2002 | 4 | 174.04 | + 3.17% | + 12.69% |
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If you were going to do a East Mansfield, Rhode Island Refinance, or East Mansfield, Rhode Island Reverse Mortgages, you could estimate your home value.
If you knew your East Mansfield, Rhode Island home was worth $101,000.00 in 1999, you could multiply by + 54.33%, add the gain and see the home should be worth $155,875.14 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Providence-New-Bedford-Fall-River-RI-MA from 1999 to 2002:
+ 13.58%
Appreciation Comparisons
The top 5 performing MSAs from 1999 to 2002 were Barnstable-Town-MA, Napa-CA, Vallejo-Fairfield-CA, San-Luis-Obispo-Paso-Robles-CA, and Salinas-CA .
- Barnstable-Town-MA increased + 77.56% from 1999 to the end of 2002
- Napa-CA increased + 71.93% from 1999 to the end of 2002
- Vallejo-Fairfield-CA increased + 71.68% from 1999 to the end of 2002
- San-Luis-Obispo-Paso-Robles-CA increased + 71.04% from 1999 to the end of 2002
- Salinas-CA increased + 68.96% from 1999 to the end of 2002
In contrast, the worst 5 MSAs from 1999 to 2002 were Ogden-Clearfield-UT, Lewiston-ID-WA, Midland-TX, Coeur-d'Alene-ID, and Lawton-OK .
- Ogden-Clearfield-UT only increased + 5.18% between 1999 and 2002
- Lewiston-ID-WA only increased + 5.52% between 1999 and 2002
- Midland-TX only increased + 6.09% between 1999 and 2002
- Coeur-d'Alene-ID only increased + 6.12% between 1999 and 2002
- Lawton-OK only increased + 6.71% between 1999 and 2002
Zip Code in MSA: 2031 - EAST MANSFIELD, MA
MSA Pop: 1623172Zip Pop: 0
Avg Value: 0
County: BRISTOL
Elev: 30
Region: Northeast
Lat: 42.014266
Long: -71.185433