Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
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 + 46.96% (+ 11.74% yearly) from 2000 to 2003.

During the same time period, FL had + 44.51% (+ 11.13% yearly). You can see that the Sebastian Vero Beach, Florida MSA experienced higher appreciation in this case.

Sebastian-Vero-Beach-FL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2000 2 118.81 + 4.04% + 16.15%
2000 3 120 + 1.00% + 4.01%
2000 4 123.76 + 3.13% + 12.53%
2001 1 127.53 + 3.05% + 12.18%
2001 2 130.17 + 2.07% + 8.28%
2001 3 131.18 + 0.78% + 3.10%
2001 4 137.18 + 4.57% + 18.30%
2002 1 136.94 - 0.17% - 0.70%
2002 2 141.04 + 2.99% + 11.98%
2002 3 145.02 + 2.82% + 11.29%
2002 4 148.47 + 2.38% + 9.52%
2003 1 150.42 + 1.31% + 5.25%
2003 2 153.42 + 1.99% + 7.98%
2003 3 156.8 + 2.20% + 8.81%
2003 4 167.83 + 7.03% + 28.14%