Real Estate Appreciation for Providence New Bedford Fall River, Rhode Island, Massachusettes: + 43.36%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Providence New Bedford Fall River, Rhode Island, Massachusettes MSA appreciated + 43.36% (+ 14.45% yearly) between 2003 and the end of 2005.
The state of RI had + 47.94% total appreciation (+ 15.98% yearly).
The state average for Rhode Island was higher than the real estate appreciation in the Providence New Bedford Fall River, Rhode Island, Massachusettes MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 10.57% faster than this MSA.
Providence-New-Bedford-Fall-River-RI-MA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2003 | 2 | 183.25 | + 2.32% | + 9.27% |
| 2003 | 3 | 189.87 | + 3.61% | + 14.45% |
| 2003 | 4 | 201.63 | + 6.19% | + 24.77% |
| 2004 | 1 | 206.7 | + 2.51% | + 10.06% |
| 2004 | 2 | 214.77 | + 3.90% | + 15.62% |
| 2004 | 3 | 228.03 | + 6.17% | + 24.70% |
| 2004 | 4 | 233.61 | + 2.45% | + 9.79% |
| 2005 | 1 | 239.12 | + 2.36% | + 9.43% |
| 2005 | 2 | 247.57 | + 3.53% | + 14.14% |
| 2005 | 3 | 253 | + 2.19% | + 8.77% |
| 2005 | 4 | 256.76 | + 1.49% | + 5.94% |
There are a lot of ways to use the appreciation data for Providence New Bedford Fall River, Rhode Island, Massachusettes .
Lets look at East Mansfield, Rhode Island, a city located in Providence New Bedford Fall River, Rhode Island, Massachusettes MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in East Mansfield, Rhode Island check out Spec-Loan.com
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 $108,000.00 in 2003, you could multiply by + 43.36%, add the gain and see the home should be worth $154,830.15 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Providence-New-Bedford-Fall-River-RI-MA from 2003 to 2005:
+ 14.45%
Appreciation Comparisons
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
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