Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Worcester, Massachusettes MSA appreciated +105.15% (+ 13.14% yearly) for the period between 1999 and the end of 2006.

The state had +107.50% total appreciation (+ 13.44% yearly). The state average for Massachusettes was higher than the real estate appreciation in the Worcester, Massachusettes MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 2.24% faster than this MSA.

Worcester-MA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation


Lets look at Warren, Massachusettes, a city located in Worcester, Massachusettes MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com

If you were going to do a Warren, Massachusettes Refinance, or Warren, Massachusettes Reverse Mortgages, you could estimate your home value.

If you knew your Warren, Massachusettes home was worth $105,000.00 in 1999, you could multiply by +105.15%, add the gain and see the home should be worth $215,408.21 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Worcester-MA from 1999 to 2006:
+ 13.14%

Appreciation Comparisons

The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .

  1. Midland-TX lost - 34.76% from 1982 to 1989
  2. Midland-TX lost - 32.81% from 1983 thru 1990
  3. Casper-WY lost - 31.76% from 1983 thru 1990
  4. Lafayette-LA lost - 31.61% from 1981 thru 1988
  5. Lafayette-LA lost - 30.68% from 1982 thru 1989

The top 5 performing MSAs from 1999 to 2006 were Naples-Marco-Island-FL, Salinas-CA, Merced-CA, Riverside-San-Bernardino-Ontario-CA, and Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M .

  1. Naples-Marco-Island-FL increased +209.59% from 1999 to the end of 2006
  2. Salinas-CA increased +204.52% from 1999 to the end of 2006
  3. Merced-CA increased +196.27% from 1999 to the end of 2006
  4. Riverside-San-Bernardino-Ontario-CA increased +194.43% from 1999 to the end of 2006
  5. Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +190.86% from 1999 to the end of 2006

Zip Code in MSA: 1083 - WARREN, MA

MSA Pop: 776610
Zip Pop: 2285
Avg Value: 111700
County: WORCESTER
Elev: 475
Region: Northeast
Lat: 42.210107
Long: -72.195675