Real Estate Appreciation for Providence New Bedford Fall River, Rhode Island, Massachusettes: + 78.80%
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 + 78.80% (+ 15.76% yearly) for the period between 1999 and the end of 2003.
The state had + 78.43% total appreciation (+ 15.69% 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
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
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If you were going to do a Mansfield, Rhode Island Refinance, or Mansfield, Rhode Island Reverse Mortgages, you could estimate your home value.
If you knew your Mansfield, Rhode Island home was worth $102,000.00 in 1999, you could multiply by + 78.80%, add the gain and see the home should be worth $182,373.50 in 2003. 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 2003:
+ 15.76%
Appreciation Comparisons
The worst 5 MSAs from 1999 to 2003 were Ogden-Clearfield-UT, Provo-Orem-UT, Logan-UT-ID, Florence-Muscle-Shoals-AL, and Fayetteville-NC .
- Ogden-Clearfield-UT only increased + 5.34% between 1999 and 2003
- Provo-Orem-UT only increased + 8.03% between 1999 and 2003
- Logan-UT-ID only increased + 8.08% between 1999 and 2003
- Florence-Muscle-Shoals-AL only increased + 8.72% between 1999 and 2003
- Fayetteville-NC only increased + 8.89% between 1999 and 2003
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: 2048 - MANSFIELD, MA
MSA Pop: 1623172Zip Pop: 22410
Avg Value: 216100
County: BRISTOL
Elev: 30
Region: Northeast
Lat: 42.021256
Long: -71.220208