Real Estate Appreciation for Williamsport, Pensylivania: + 14.39%
Appreciation for MSAs:.
Let's start by comparing Williamsport, Pensylivania to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 14.39% (+ 4.80% yearly) for the Williamsport, Pensylivania MSA.
The entire state of PA had + 26.98% appreciation (+ 8.99% yearly).
The state average for Pensylivania was higher than the real estate appreciation in the Williamsport, Pensylivania MSA. This means the conditions in the MSA for real estate investment were worse by + 87.52%.
Williamsport-PA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Williamsport-PA here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Pensylivania, you can do some research at 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 $106,000.00 in 2002, you could multiply by + 14.39%, add the gain and see the home should be worth $121,251.62 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Williamsport-PA from 2002 to 2004:
+ 4.80%
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