Real Estate Appreciation for Punta Gorda, Florida: + 75.72%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Punta Gorda, Florida MSA appreciated + 75.72% (+ 25.24% yearly) between 2003 and the end of 2005.
The state of FL had + 67.92% total appreciation (+ 22.64% yearly).
The Punta Gorda, Florida MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 11.49% faster than the state as a whole.
Punta-Gorda-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2005 | 1 | 230.25 | + 5.55% | + 22.19% |
| 2005 | 2 | 247.78 | + 7.61% | + 30.45% |
| 2005 | 3 | 264.65 | + 6.81% | + 27.23% |
| 2005 | 4 | 278.59 | + 5.27% | + 21.07% |
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 Murdock, Florida Refinance, or Murdock, Florida Reverse Mortgages, you could estimate your home value.
If you knew your Murdock, Florida home was worth $108,000.00 in 2003, you could multiply by + 75.72%, add the gain and see the home should be worth $189,779.99 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Punta-Gorda-FL from 2003 to 2005:
+ 25.24%
Appreciation Comparisons
The top 5 performing MSAs from 2003 to 2005 were 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 to the end of 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 to the end of 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 to the end of 2005
- Madera-CA increased + 85.39% from 2003 to the end of 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 to the end of 2005
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