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 + 8.97% (+ 2.99% yearly).

All of the property in FL averaged + 12.07% change in value (+ 4.02% yearly).

Punta-Gorda-FL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
1999 1 111.87 + 0.83% + 3.32%
1999 2 112.34 + 0.42% + 1.68%
1999 3 113.33 + 0.88% + 3.53%
1999 4 113.36 + 0.03% + 0.11%


Lets look at Murdock, Florida, a city located in Punta Gorda, Florida MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com

If you were going to do a Murdock, Florida Refinance, or Murdock, Florida Reverse Mortgages, you could estimate your home value.

If you knew your Murdock, Florida home was worth $96,000.00 in 1997, you could multiply by + 8.97%, add the gain and see the home should be worth $104,609.82 in 1999. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Punta-Gorda-FL from 1997 to 1999:
+ 2.99%

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 .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

Zip Code in MSA: 33938 - MURDOCK, FL

MSA Pop: 153392
Zip Pop: 0
Avg Value: 0
County: CHARLOTTE
Elev: 0
Region: South
Lat: 27.010943
Long: -82.160403