Real Estate Appreciation for Punta Gorda, Florida: + 78.51%
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 + 78.51% (+ 19.63% yearly) between 2003 and the end of 2006.
The state of FL had + 82.46% total appreciation (+ 20.62% yearly).
The state average for Florida was higher than the real estate appreciation in the Punta Gorda, Florida MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 5.04% faster than this MSA.
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% |
| 2006 | 1 | 286.82 | + 2.95% | + 11.82% |
| 2006 | 2 | 288.53 | + 0.60% | + 2.38% |
| 2006 | 3 | 291.22 | + 0.93% | + 3.73% |
| 2006 | 4 | 283.01 | - 2.82% | - 11.28% |
Lets look at Placida, 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 Placida, Florida Refinance, or Placida, Florida Reverse Mortgages, you could estimate your home value.
If you knew your Placida, Florida home was worth $109,000.00 in 2003, you could multiply by + 78.51%, add the gain and see the home should be worth $194,576.07 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Punta-Gorda-FL from 2003 to 2006:
+ 19.63%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
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