Real Estate Appreciation for Punta Gorda, Florida: + 38.00%
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 Punta Gorda, Florida MSA appreciated + 38.00% (+ 9.50% yearly) for the period between 1999 and the end of 2002.
The state had + 35.92% total appreciation (+ 8.98% yearly).
The Punta Gorda, Florida 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.
Punta-Gorda-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1999 | 2 | 112.34 | + 0.42% | + 1.68% |
| 1999 | 3 | 113.33 | + 0.88% | + 3.53% |
| 1999 | 4 | 113.36 | + 0.03% | + 0.11% |
| 2000 | 1 | 117.67 | + 3.80% | + 15.21% |
| 2000 | 2 | 118.2 | + 0.45% | + 1.80% |
| 2000 | 3 | 122.03 | + 3.24% | + 12.96% |
| 2000 | 4 | 125.79 | + 3.08% | + 12.32% |
| 2001 | 1 | 128.73 | + 2.34% | + 9.35% |
| 2001 | 2 | 131.28 | + 1.98% | + 7.92% |
| 2001 | 3 | 135.4 | + 3.14% | + 12.55% |
| 2001 | 4 | 138.18 | + 2.05% | + 8.21% |
| 2002 | 1 | 141.68 | + 2.53% | + 10.13% |
| 2002 | 2 | 145.57 | + 2.75% | + 10.98% |
| 2002 | 3 | 150.84 | + 3.62% | + 14.48% |
| 2002 | 4 | 154.38 | + 2.35% | + 9.39% |
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Punta-Gorda-FL here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Florida, you can do some research at Spec-Loan.com.
If you were going to do a Placida, Florida Refinance, or Placida, Florida Reverse Mortgages, you could estimate your home value.
If you knew your Placida, Florida home was worth $101,000.00 in 1999, you could multiply by + 38.00%, add the gain and see the home should be worth $139,379.46 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Punta-Gorda-FL from 1999 to 2002:
+ 9.50%
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: 33946 - PLACIDA, FL
MSA Pop: 153392Zip Pop: 1064
Avg Value: 256000
County: CHARLOTTE
Elev: 0
Region: South
Lat: 26.851265
Long: -82.287614