Real Estate Appreciation for Worcester, Massachusettes: +135.09%
Appreciation for MSAs:.
Let's start by comparing Worcester, Massachusettes 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 +135.09% (+ 9.65% yearly) for the Worcester, Massachusettes MSA.
The entire state of MA had +157.11% appreciation (+ 11.22% yearly).
The state average for Massachusettes was higher than the real estate appreciation in the Worcester, Massachusettes MSA. This means the conditions in the MSA for real estate investment were worse by + 16.29%.
Worcester-MA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Worcester, Massachusettes .
Lets look at Athol, Massachusettes, a city located in Worcester, Massachusettes 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 Athol, Massachusettes check out Spec-Loan.com
If you were going to do a Athol, Massachusettes Refinance, or Athol, Massachusettes Reverse Mortgages, you could estimate your home value.
If you knew your Athol, Massachusettes home was worth $97,000.00 in 1992, you could multiply by +135.09%, add the gain and see the home should be worth $228,041.93 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Worcester-MA from 1992 to 2005:
+ 9.65%
Appreciation Comparisons
For a 14 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Honolulu-HI, San-Jose-Sunnyvale-Santa-Clara-CA, Oxnard-Thousand-Oaks-Ventura-CA, and Santa-Rosa-Petaluma-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +471.91% from 1976 thru 1989
- Honolulu-HI increased +338.44% from 1978 thru 1991
- San-Jose-Sunnyvale-Santa-Clara-CA increased +337.52% from 1977 thru 1990
- Oxnard-Thousand-Oaks-Ventura-CA increased +325.36% from 1977 thru 1990
- Santa-Rosa-Petaluma-CA increased +309.66% from 1977 thru 1990
Zip Code in MSA: 1331 - ATHOL, MA
MSA Pop: 776610Zip Pop: 12922
Avg Value: 89800
County: WORCESTER
Elev: 475
Region: Northeast
Lat: 42.587233
Long: -72.225981