Real Estate Appreciation for Wenatchee, Washington: - 1.05%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Wenatchee, Washington MSA appreciated - 1.05% (- 0.53% yearly) for the period between 1999 and the end of 2000.
The state had + 9.37% total appreciation (+ 4.69% yearly).
The state average for Washington was higher than the real estate appreciation in the Wenatchee, Washington MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated -989.58% faster than this MSA.
Wenatchee-WA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1999 | 2 | 111 | - 0.03% | - 0.11% |
| 1999 | 3 | 108.07 | - 2.64% | - 10.56% |
| 1999 | 4 | 108.32 | + 0.23% | + 0.93% |
| 2000 | 1 | 113.43 | + 4.72% | + 18.87% |
| 2000 | 2 | 109.37 | - 3.58% | - 14.32% |
| 2000 | 3 | 109.86 | + 0.45% | + 1.79% |
| 2000 | 4 | 109.86 | + 0.00% | + 0.00% |
Lets look at Wenatchee, Washington, a city located in Wenatchee, Washington 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 Wenatchee, Washington Refinance, or Wenatchee, Washington Reverse Mortgages, you could estimate your home value.
If you knew your Wenatchee, Washington home was worth $99,000.00 in 1999, you could multiply by - 1.05%, add the gain and see the home should be worth $97,956.77 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Wenatchee-WA from 1999 to 2000:
- 0.53%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1999 to 2000 were Midland-TX, Coeur-d'Alene-ID, Wenatchee-WA, Lewiston-ID-WA, and Lawton-OK .
- Midland-TX decreased by - 2.50% between 1999 and 2000
- Coeur-d'Alene-ID decreased by - 2.19% between 1999 and 2000
- Wenatchee-WA decreased by - 1.05% between 1999 and 2000
- Lewiston-ID-WA decreased by - 0.85% between 1999 and 2000
- Lawton-OK decreased by - 0.79% between 1999 and 2000
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: 98801 - WENATCHEE, WA
MSA Pop: 101726Zip Pop: 36551
Avg Value: 137500
County: CHELAN
Elev: 645
Region: West
Lat: 47.43378
Long: -120.32922