Real Estate Appreciation for Worcester, Massachusettes: - 1.40%
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 - 1.40% (- 0.35% yearly).
All of the property in MA averaged + 1.25% change in value (+ 0.31% yearly).
Worcester-MA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1989 | 1 | 116.48 | - 0.11% | - 0.45% |
| 1989 | 2 | 114.95 | - 1.31% | - 5.25% |
| 1989 | 3 | 116.8 | + 1.61% | + 6.44% |
| 1989 | 4 | 117.23 | + 0.37% | + 1.47% |
| 1990 | 1 | 114 | - 2.76% | - 11.02% |
| 1990 | 2 | 112.42 | - 1.39% | - 5.54% |
| 1990 | 3 | 108.99 | - 3.05% | - 12.20% |
| 1990 | 4 | 106.2 | - 2.56% | - 10.24% |
If you need information on Hard Money Rehab Loans in Gilbertville, Massachusettes look at 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 $77,000.00 in 1987, you could multiply by - 1.40%, add the gain and see the home should be worth $75,920.53 in 1990. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Worcester-MA from 1987 to 1990:
- 0.35%
Appreciation Comparisons
The top 5 performing MSAs from 1987 to 1990 were Honolulu-HI, Bellingham-WA, Santa-Rosa-Petaluma-CA, San-Luis-Obispo-Paso-Robles-CA, and Santa-Cruz-Watsonville-CA .
- Honolulu-HI increased +101.92% from 1987 to the end of 1990
- Bellingham-WA increased + 69.34% from 1987 to the end of 1990
- Santa-Rosa-Petaluma-CA increased + 69.20% from 1987 to the end of 1990
- San-Luis-Obispo-Paso-Robles-CA increased + 67.63% from 1987 to the end of 1990
- Santa-Cruz-Watsonville-CA increased + 66.41% from 1987 to the end of 1990
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