Real Estate Appreciation for Punta Gorda, Florida: + 6.65%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Punta Gorda, Florida did compared to the state as a whole.
The Punta Gorda, Florida MSA property value change was + 6.65% (+ 3.33% yearly).
All of the property in FL averaged + 7.94% change in value (+ 3.97% yearly).
Punta-Gorda-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 101.49 | - 2.44% | - 9.77% |
| 1997 | 3 | 102.91 | + 1.40% | + 5.60% |
| 1997 | 4 | 104.84 | + 1.88% | + 7.50% |
| 1998 | 1 | 108.73 | + 3.71% | + 14.84% |
| 1998 | 2 | 109.14 | + 0.38% | + 1.51% |
| 1998 | 3 | 109.68 | + 0.49% | + 1.98% |
| 1998 | 4 | 110.95 | + 1.16% | + 4.63% |
Some of the ways peope use our appreciation data for Punta Gorda, Florida include real estate investment .
Lets look at El Jobean, Florida, a city located in Punta Gorda, Florida MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Florida check out Spec-Loan.com
If you were going to do a El Jobean, Florida Refinance, or El Jobean, Florida Reverse Mortgages, you could estimate your home value.
If you knew your El Jobean, Florida home was worth $95,000.00 in 1997, you could multiply by + 6.65%, add the gain and see the home should be worth $101,319.33 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Punta-Gorda-FL from 1997 to 1998:
+ 3.33%
Appreciation Comparisons
The worst 5 MSAs from 1997 to 1998 were Honolulu-HI, Williamsport-PA, Ithaca-NY, Utica-Rome-NY, and Pittsfield-MA .
- Honolulu-HI decreased by - 3.48% between 1997 and 1998
- Williamsport-PA decreased by - 0.05% between 1997 and 1998
- Ithaca-NY only increased + 1.04% between 1997 and 1998
- Utica-Rome-NY only increased + 1.56% between 1997 and 1998
- Pittsfield-MA only increased + 2.16% between 1997 and 1998
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 33927 - EL JOBEAN, FL
MSA Pop: 153392Zip Pop: 0
Avg Value: 0
County: CHARLOTTE
Elev: 0
Region: South
Lat: 26.97804
Long: -82.198993