Real Estate Appreciation for Williamsport, Pensylivania: + 19.24%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Williamsport, Pensylivania MSA appreciation it was + 19.24% (+ 6.41% yearly) from 2004 to 2006.
During the same time period, PA had + 30.44% (+ 10.15% yearly).
From 2004 to 2006, Pensylivania outperformed the individual Williamsport, Pensylivania MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Williamsport-PA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2004 | 2 | 135.59 | + 0.55% | + 2.20% |
| 2004 | 3 | 144.52 | + 6.59% | + 26.34% |
| 2004 | 4 | 143.34 | - 0.82% | - 3.27% |
| 2005 | 1 | 146.27 | + 2.04% | + 8.18% |
| 2005 | 2 | 146.41 | + 0.10% | + 0.38% |
| 2005 | 3 | 149.74 | + 2.27% | + 9.10% |
| 2005 | 4 | 150.62 | + 0.59% | + 2.35% |
| 2006 | 1 | 157.16 | + 4.34% | + 17.37% |
| 2006 | 2 | 158.39 | + 0.78% | + 3.13% |
| 2006 | 3 | 164.16 | + 3.64% | + 14.57% |
| 2006 | 4 | 160.79 | - 2.05% | - 8.21% |
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 $110,000.00 in 2004, you could multiply by + 19.24%, add the gain and see the home should be worth $131,159.81 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Williamsport-PA from 2004 to 2006:
+ 6.41%
Appreciation Comparisons
The top 5 performing MSAs from 2004 to 2006 were Naples-Marco-Island-FL, Bakersfield-CA, Bend-OR, Phoenix-Mesa-Scottdale-AZ, and Visalia-Porterville-CA .
- Naples-Marco-Island-FL increased + 77.60% from 2004 to the end of 2006
- Bakersfield-CA increased + 77.49% from 2004 to the end of 2006
- Bend-OR increased + 75.09% from 2004 to the end of 2006
- Phoenix-Mesa-Scottdale-AZ increased + 75.00% from 2004 to the end of 2006
- Visalia-Porterville-CA increased + 73.18% from 2004 to the end of 2006
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