Real Estate Appreciation for Worcester, Massachusettes: + 9.94%
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 + 9.94% (+ 4.97% yearly).
All of the property in MA averaged + 12.58% change in value (+ 6.29% yearly).
Worcester-MA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 108.31 | + 0.97% | + 3.88% |
| 1997 | 3 | 109.37 | + 0.98% | + 3.91% |
| 1997 | 4 | 111.06 | + 1.55% | + 6.18% |
| 1998 | 1 | 112.77 | + 1.54% | + 6.16% |
| 1998 | 2 | 114.06 | + 1.14% | + 4.58% |
| 1998 | 3 | 116.57 | + 2.20% | + 8.80% |
| 1998 | 4 | 117.93 | + 1.17% | + 4.67% |
If you need information on Hard Money Rehab Loans in Barre, Massachusettes look at Spec-Loan.com
If you were going to do a Barre, Massachusettes Refinance, or Barre, Massachusettes Reverse Mortgages, you could estimate your home value.
If you knew your Barre, Massachusettes home was worth $95,000.00 in 1997, you could multiply by + 9.94%, add the gain and see the home should be worth $104,440.66 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Worcester-MA from 1997 to 1998:
+ 4.97%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, San-Diego-Carlsbad-San-Marcos-CA, Gadsden-AL, and Waterloo-Cedar-Falls-IA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 24.79% from 1997 to the end of 1998
- Santa-Cruz-Watsonville-CA increased + 20.64% from 1997 to the end of 1998
- San-Diego-Carlsbad-San-Marcos-CA increased + 16.27% from 1997 to the end of 1998
- Gadsden-AL increased + 14.96% from 1997 to the end of 1998
- Waterloo-Cedar-Falls-IA increased + 13.76% from 1997 to the end of 1998
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
Zip Code in MSA: 1005 - BARRE, MA
MSA Pop: 776610Zip Pop: 5077
Avg Value: 123800
County: WORCESTER
Elev: 475
Region: Northeast
Lat: 42.433445
Long: -72.114991