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 Wenatchee, Washington MSA appreciation it was + 5.30% (+ 1.77% yearly) from 2000 to 2002.

During the same time period, WA had + 14.51% (+ 4.84% yearly). From 2000 to 2002, Washington outperformed the individual Wenatchee, Washington MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Wenatchee-WA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2000 2 109.37 - 3.58% - 14.32%
2000 3 109.86 + 0.45% + 1.79%
2000 4 109.86 + 0.00% + 0.00%
2001 1 114.6 + 4.31% + 17.26%
2001 2 115.01 + 0.36% + 1.43%
2001 3 114.82 - 0.17% - 0.66%
2001 4 115.57 + 0.65% + 2.61%
2002 1 116.43 + 0.74% + 2.98%
2002 2 116.01 - 0.36% - 1.44%
2002 3 117.57 + 1.34% + 5.38%
2002 4 119.44 + 1.59% + 6.36%


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

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 $102,000.00 in 2000, you could multiply by + 5.30%, add the gain and see the home should be worth $107,404.39 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Wenatchee-WA from 2000 to 2002:
+ 1.77%

Appreciation Comparisons

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 98801 - WENATCHEE, WA

MSA Pop: 101726
Zip Pop: 36551
Avg Value: 137500
County: CHELAN
Elev: 645
Region: West
Lat: 47.43378
Long: -120.32922