Real Estate Appreciation for Worcester, Massachusettes: + 42.11%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Worcester, Massachusettes MSA appreciation it was + 42.11% (+ 6.02% yearly) from 1994 to 2000.
During the same time period, MA had + 54.38% (+ 7.77% yearly).
From 1994 to 2000, Massachusettes outperformed the individual Worcester, Massachusettes MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Worcester-MA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Worcester, Massachusettes include real estate investment .
Lets look at South Barre, Massachusettes, a city located in Worcester, Massachusettes MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Massachusettes check out Spec-Loan.com
If you were going to do a South Barre, Massachusettes Refinance, or South Barre, Massachusettes Reverse Mortgages, you could estimate your home value.
If you knew your South Barre, Massachusettes home was worth $94,000.00 in 1994, you could multiply by + 42.11%, add the gain and see the home should be worth $133,580.86 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Worcester-MA from 1994 to 2000:
+ 6.02%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Denver-Aurora-CO, Boulder-CO, and Fort-Collins-Loveland-CO .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 99.95% from 1994 to the end of 2000
- Santa-Cruz-Watsonville-CA increased + 78.38% from 1994 to the end of 2000
- Denver-Aurora-CO increased + 76.10% from 1994 to the end of 2000
- Boulder-CO increased + 69.24% from 1994 to the end of 2000
- Fort-Collins-Loveland-CO increased + 62.77% from 1994 to the end of 2000
In contrast, the worst 5 MSAs from 1994 to 2000 were Honolulu-HI, Utica-Rome-NY, Albany-Schenectady-Troy-NY, Bakersfield-CA, and Binghamton-NY .
- Honolulu-HI decreased by - 13.20% between 1994 and 2000
- Utica-Rome-NY decreased by - 0.93% between 1994 and 2000
- Albany-Schenectady-Troy-NY only increased + 0.49% between 1994 and 2000
- Bakersfield-CA only increased + 1.73% between 1994 and 2000
- Binghamton-NY only increased + 1.91% between 1994 and 2000
Zip Code in MSA: 1074 - SOUTH BARRE, MA
MSA Pop: 776610Zip Pop: 0
Avg Value: 0
County: WORCESTER
Elev: 475
Region: Northeast
Lat: 42.38537
Long: -72.098398