Real Estate Appreciation for Punta Gorda, Florida: + 52.93%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Punta Gorda, Florida MSA appreciation it was + 52.93% (+ 17.64% yearly) from 2004 to 2006.
During the same time period, FL had + 62.03% (+ 20.68% yearly).
From 2004 to 2006, Florida outperformed the individual Punta Gorda, Florida MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Punta-Gorda-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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 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 $110,000.00 in 2004, you could multiply by + 52.93%, add the gain and see the home should be worth $168,221.66 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Punta-Gorda-FL from 2004 to 2006:
+ 17.64%
Appreciation Comparisons
The top 5 performing MSAs from 2004 to 2006 were Naples-Marco-Island-FL, Bakersfield-CA, Bend-OR, Phoenix-Mesa-Scottdale-AZ, and Visalia-Porterville-CA .
- Naples-Marco-Island-FL increased + 77.60% from 2004 to the end of 2006
- Bakersfield-CA increased + 77.49% from 2004 to the end of 2006
- Bend-OR increased + 75.09% from 2004 to the end of 2006
- Phoenix-Mesa-Scottdale-AZ increased + 75.00% from 2004 to the end of 2006
- Visalia-Porterville-CA increased + 73.18% from 2004 to the end of 2006
In contrast, the worst 5 MSAs from 2004 to 2006 were Saginaw-Saginaw-Township-North-MI, Kokomo-IN, Anderson-IN, Muncie-IN, and Lafayette-IN .
- Saginaw-Saginaw-Township-North-MI only increased + 0.82% between 2004 and 2006
- Kokomo-IN only increased + 0.99% between 2004 and 2006
- Anderson-IN only increased + 2.08% between 2004 and 2006
- Muncie-IN only increased + 2.23% between 2004 and 2006
- Lafayette-IN only increased + 2.44% between 2004 and 2006
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