Real Estate Appreciation for Williamsport, Pensylivania: + 9.82%
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 Williamsport, Pensylivania MSA appreciated + 9.82% (+ 3.27% yearly) for the period between 2001 and the end of 2003.
The state had + 20.44% total appreciation (+ 6.81% yearly).
The state average for Pensylivania was higher than the real estate appreciation in the Williamsport, Pensylivania 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 +108.16% faster than this MSA.
Williamsport-PA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2001 | 2 | 121.99 | + 0.75% | + 3.01% |
| 2001 | 3 | 124.64 | + 2.17% | + 8.69% |
| 2001 | 4 | 123.29 | - 1.08% | - 4.33% |
| 2002 | 1 | 125.31 | + 1.64% | + 6.55% |
| 2002 | 2 | 125.82 | + 0.41% | + 1.63% |
| 2002 | 3 | 126.19 | + 0.29% | + 1.18% |
| 2002 | 4 | 128.1 | + 1.51% | + 6.05% |
| 2003 | 1 | 130.76 | + 2.08% | + 8.31% |
| 2003 | 2 | 130.28 | - 0.37% | - 1.47% |
| 2003 | 3 | 132.45 | + 1.67% | + 6.66% |
| 2003 | 4 | 132.97 | + 0.39% | + 1.57% |
Lets look at Williamsport, Pensylivania, a city located in Williamsport, Pensylivania 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 Williamsport, Pensylivania Refinance, or Williamsport, Pensylivania Reverse Mortgages, you could estimate your home value.
If you knew your Williamsport, Pensylivania home was worth $104,000.00 in 2001, you could multiply by + 9.82%, add the gain and see the home should be worth $114,212.75 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Williamsport-PA from 2001 to 2003:
+ 3.27%
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 .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
Zip Code in MSA: 17701 - WILLIAMSPORT, PA
MSA Pop: 118438Zip Pop: 46478
Avg Value: 80600
County: LYCOMING
Elev: 528
Region: Northeast
Lat: 41.2674
Long: -77.03508