Real Estate Appreciation for Sarasota Bradenton Venice, Florida: + 85.31%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Sarasota Bradenton Venice, Florida MSA appreciated + 85.31% (+ 21.33% yearly) between 2003 and the end of 2006.
The state of FL had + 82.46% total appreciation (+ 20.62% yearly).
The Sarasota Bradenton Venice, Florida MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 3.45% faster than the state as a whole.
Sarasota-Bradenton-Venice-FL
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2003 | 2 | 171.89 | + 1.98% | + 7.90% |
| 2003 | 3 | 176.38 | + 2.61% | + 10.45% |
| 2003 | 4 | 186.19 | + 5.56% | + 22.25% |
| 2004 | 1 | 189.8 | + 1.94% | + 7.76% |
| 2004 | 2 | 198.89 | + 4.79% | + 19.16% |
| 2004 | 3 | 211.87 | + 6.53% | + 26.10% |
| 2004 | 4 | 226.24 | + 6.78% | + 27.13% |
| 2005 | 1 | 240.97 | + 6.51% | + 26.04% |
| 2005 | 2 | 261.44 | + 8.49% | + 33.98% |
| 2005 | 3 | 278.46 | + 6.51% | + 26.04% |
| 2005 | 4 | 298.01 | + 7.02% | + 28.08% |
| 2006 | 1 | 309.67 | + 3.91% | + 15.65% |
| 2006 | 2 | 316.22 | + 2.12% | + 8.46% |
| 2006 | 3 | 312.36 | - 1.22% | - 4.88% |
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 Sarasota-Bradenton-Venice-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 Bradenton, Florida Refinance, or Bradenton, Florida Reverse Mortgages, you could estimate your home value.
If you knew your Bradenton, Florida home was worth $109,000.00 in 2003, you could multiply by + 85.31%, add the gain and see the home should be worth $201,988.85 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Sarasota-Bradenton-Venice-FL from 2003 to 2006:
+ 21.33%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 2003 to 2006 were Kokomo-IN, Anderson-IN, Lafayette-IN, Saginaw-Saginaw-Township-North-MI, and Muncie-IN .
- Kokomo-IN only increased + 2.97% between 2003 and 2006
- Anderson-IN only increased + 3.19% between 2003 and 2006
- Lafayette-IN only increased + 5.02% between 2003 and 2006
- Saginaw-Saginaw-Township-North-MI only increased + 5.27% between 2003 and 2006
- Muncie-IN only increased + 6.15% between 2003 and 2006
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 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