Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Sebastian Vero Beach, Florida MSA appreciation it was + 8.66% (+ 2.17% yearly) from 1994 to 1997.

During the same time period, FL had + 9.37% (+ 2.34% yearly). From 1994 to 1997, Florida outperformed the individual Sebastian Vero Beach, Florida MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Sebastian-Vero-Beach-FL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1994 2 96.13 - 4.72% - 18.87%
1994 3 100.62 + 4.67% + 18.68%
1994 4 99.9 - 0.72% - 2.86%
1995 1 100 + 0.10% + 0.40%
1995 2 101.83 + 1.83% + 7.32%
1995 3 99.41 - 2.38% - 9.51%
1995 4 102.18 + 2.79% + 11.15%
1996 1 104.24 + 2.02% + 8.06%
1996 2 99.72 - 4.34% - 17.34%
1996 3 102.78 + 3.07% + 12.27%
1996 4 102.25 - 0.52% - 2.06%
1997 1 100.25 - 1.96% - 7.82%
1997 2 103.1 + 2.84% + 11.37%
1997 3 104.9 + 1.75% + 6.98%
1997 4 109.63 + 4.51% + 18.04%