Real Estate Appreciation for Williamsport, Pensylivania: + 18.38%
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 + 18.38% (+ 4.60% yearly) for the period between 2001 and the end of 2004.
The state had + 34.44% total appreciation (+ 8.61% 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 + 87.33% 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% |
| 2004 | 1 | 134.85 | + 1.41% | + 5.66% |
| 2004 | 2 | 135.59 | + 0.55% | + 2.20% |
| 2004 | 3 | 144.52 | + 6.59% | + 26.34% |
| 2004 | 4 | 143.34 | - 0.82% | - 3.27% |
There are a lot of ways to use the appreciation data for Williamsport, Pensylivania .
Lets look at Williamsport, Pensylivania, a city located in Williamsport, Pensylivania MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Williamsport, Pensylivania 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 $105,000.00 in 2001, you could multiply by + 18.38%, add the gain and see the home should be worth $124,303.77 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Williamsport-PA from 2001 to 2004:
+ 4.60%
Appreciation Comparisons
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
The top 5 performing MSAs from 2001 to 2004 were Riverside-San-Bernardino-Ontario-CA, Yuba-City-CA, Fresno-CA, Madera-CA, and San-Diego-Carlsbad-San-Marcos-CA .
- Riverside-San-Bernardino-Ontario-CA increased + 90.90% from 2001 to the end of 2004
- Yuba-City-CA increased + 90.67% from 2001 to the end of 2004
- Fresno-CA increased + 90.07% from 2001 to the end of 2004
- Madera-CA increased + 89.58% from 2001 to the end of 2004
- San-Diego-Carlsbad-San-Marcos-CA increased + 87.47% from 2001 to the end of 2004
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