Real Estate Appreciation for Sarasota Bradenton Venice, Florida: + 22.99%
Appreciation for MSAs:.
Let's start by comparing Sarasota Bradenton Venice, 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 + 22.99% (+ 11.49% yearly) for the Sarasota Bradenton Venice, Florida MSA.
The entire state of FL had + 20.94% appreciation (+ 10.47% yearly).
The Sarasota Bradenton Venice, Florida MSA beat out the state. by + 9.76% appreciation.
Sarasota-Bradenton-Venice-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 155.93 | + 3.00% | + 12.00% |
| 2002 | 3 | 160.9 | + 3.19% | + 12.75% |
| 2002 | 4 | 163.63 | + 1.70% | + 6.79% |
| 2003 | 1 | 168.56 | + 3.01% | + 12.05% |
| 2003 | 2 | 171.89 | + 1.98% | + 7.90% |
| 2003 | 3 | 176.38 | + 2.61% | + 10.45% |
| 2003 | 4 | 186.19 | + 5.56% | + 22.25% |
There are a lot of ways to use the appreciation data for Sarasota Bradenton Venice, Florida .
Lets look at Bradenton, Florida, a city located in Sarasota Bradenton Venice, 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 Bradenton, Florida check out Spec-Loan.com
If you were going to do a Bradenton, Florida Refinance, or Bradenton, Florida Reverse Mortgages, you could estimate your home value.
If you knew your Bradenton, Florida home was worth $105,000.00 in 2002, you could multiply by + 22.99%, add the gain and see the home should be worth $129,136.34 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Sarasota-Bradenton-Venice-FL from 2002 to 2003:
+ 11.49%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 2002 to 2003 were Ogden-Clearfield-UT, Lafayette-IN, Fayetteville-NC, Logan-UT-ID, and Provo-Orem-UT .
- Ogden-Clearfield-UT only increased + 1.57% between 2002 and 2003
- Lafayette-IN only increased + 2.02% between 2002 and 2003
- Fayetteville-NC only increased + 2.05% between 2002 and 2003
- Logan-UT-ID only increased + 2.05% between 2002 and 2003
- Provo-Orem-UT only increased + 2.06% between 2002 and 2003
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 34201 - BRADENTON, FL
MSA Pop: 633597Zip Pop: 1877
Avg Value: 286500
County: MANATEE
Elev: 19
Region: South
Lat: 27.390254
Long: -82.481246