Real Estate Appreciation for Worcester, Massachusettes: + 66.04%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Worcester, Massachusettes did compared to the state as a whole.
The Worcester, Massachusettes MSA property value change was + 66.04% (+ 16.51% yearly).
All of the property in MA averaged + 66.25% change in value (+ 16.56% yearly).
Worcester-MA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1985 | 2 | 76.12 | + 8.39% | + 33.55% |
| 1985 | 3 | 79.37 | + 4.27% | + 17.08% |
| 1985 | 4 | 85.39 | + 7.58% | + 30.34% |
| 1986 | 1 | 89.4 | + 4.70% | + 18.78% |
| 1986 | 2 | 95.07 | + 6.34% | + 25.37% |
| 1986 | 3 | 100.1 | + 5.29% | + 21.16% |
| 1986 | 4 | 102.86 | + 2.76% | + 11.03% |
| 1987 | 1 | 107.71 | + 4.72% | + 18.86% |
| 1987 | 2 | 110.57 | + 2.66% | + 10.62% |
| 1987 | 3 | 113.04 | + 2.23% | + 8.94% |
| 1987 | 4 | 113.92 | + 0.78% | + 3.11% |
| 1988 | 1 | 113.95 | + 0.03% | + 0.11% |
| 1988 | 2 | 116.62 | + 2.34% | + 9.37% |
| 1988 | 3 | 115.31 | - 1.12% | - 4.49% |
| 1988 | 4 | 116.61 | + 1.13% | + 4.51% |
If you want to learn more about fixing up and flipping property and Hard Money Rehab Loans check out Spec-Loan.com
If you were going to do a Gilbertville, Massachusettes Refinance, or Gilbertville, Massachusettes Reverse Mortgages, you could estimate your home value.
If you knew your Gilbertville, Massachusettes home was worth $73,000.00 in 1985, you could multiply by + 66.04%, add the gain and see the home should be worth $121,209.31 in 1988. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Worcester-MA from 1985 to 1988:
+ 16.51%
Appreciation Comparisons
The top 5 performing MSAs from 1985 to 1988 were Providence-New-Bedford-Fall-River-RI-MA, Springfield-MA, New-Haven-Milford-CT, Hartford-West-Hartford-East-Hartford-CT, and Poughkeepsie-Newburgh-Middletown-NY .
- Providence-New-Bedford-Fall-River-RI-MA increased + 92.26% from 1985 to the end of 1988
- Springfield-MA increased + 86.44% from 1985 to the end of 1988
- New-Haven-Milford-CT increased + 85.97% from 1985 to the end of 1988
- Hartford-West-Hartford-East-Hartford-CT increased + 85.67% from 1985 to the end of 1988
- Poughkeepsie-Newburgh-Middletown-NY increased + 78.43% from 1985 to the end of 1988
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
Zip Code in MSA: 1031 - GILBERTVILLE, MA
MSA Pop: 776610Zip Pop: 1263
Avg Value: 116500
County: WORCESTER
Elev: 475
Region: Northeast
Lat: 42.33426
Long: -72.17604