Real Estate Appreciation for Punta Gorda, Florida: + 53.97%
Appreciation for MSAs:.
Let's start by comparing Punta Gorda, Florida to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 53.97% (+ 17.99% yearly) for the Punta Gorda, Florida MSA.
The entire state of FL had + 44.95% appreciation (+ 14.98% yearly).
The Punta Gorda, Florida MSA beat out the state. by + 20.07% appreciation.
Punta-Gorda-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 145.57 | + 2.75% | + 10.98% |
| 2002 | 3 | 150.84 | + 3.62% | + 14.48% |
| 2002 | 4 | 154.38 | + 2.35% | + 9.39% |
| 2003 | 1 | 158.54 | + 2.69% | + 10.78% |
| 2003 | 2 | 164 | + 3.44% | + 13.78% |
| 2003 | 3 | 168.18 | + 2.55% | + 10.20% |
| 2003 | 4 | 177.01 | + 5.25% | + 21.00% |
| 2004 | 1 | 185.06 | + 4.55% | + 18.19% |
| 2004 | 2 | 192.3 | + 3.91% | + 15.65% |
| 2004 | 3 | 207.27 | + 7.78% | + 31.14% |
| 2004 | 4 | 218.15 | + 5.25% | + 21.00% |
There are a lot of ways to use the appreciation data for Punta Gorda, Florida .
Lets look at Murdock, Florida, a city located in Punta Gorda, Florida 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 Murdock, Florida 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 $106,000.00 in 2002, you could multiply by + 53.97%, add the gain and see the home should be worth $163,212.17 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Punta-Gorda-FL from 2002 to 2004:
+ 17.99%
Appreciation Comparisons
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
The top 5 performing MSAs from 2002 to 2004 were Riverside-San-Bernardino-Ontario-CA, Fresno-CA, Madera-CA, Yuba-City-CA, and Bakersfield-CA .
- Riverside-San-Bernardino-Ontario-CA increased + 73.90% from 2002 to the end of 2004
- Fresno-CA increased + 73.13% from 2002 to the end of 2004
- Madera-CA increased + 71.44% from 2002 to the end of 2004
- Yuba-City-CA increased + 68.71% from 2002 to the end of 2004
- Bakersfield-CA increased + 67.56% from 2002 to the end of 2004
Zip Code in MSA: 33938 - MURDOCK, FL
MSA Pop: 153392Zip Pop: 0
Avg Value: 0
County: CHARLOTTE
Elev: 0
Region: South
Lat: 27.010943
Long: -82.160403