Real Estate Appreciation for Worcester, Massachusettes: + 23.09%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Worcester, Massachusettes MSA appreciation it was + 23.09% (+ 11.54% yearly) from 2000 to 2001.
During the same time period, MA had + 22.46% (+ 11.23% yearly).
You can see that the Worcester, Massachusettes MSA experienced higher appreciation in this case.
Worcester-MA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2000 | 2 | 138.27 | + 2.78% | + 11.12% |
| 2000 | 3 | 143.13 | + 3.51% | + 14.06% |
| 2000 | 4 | 146.74 | + 2.52% | + 10.09% |
| 2001 | 1 | 150.79 | + 2.76% | + 11.04% |
| 2001 | 2 | 155.3 | + 2.99% | + 11.96% |
| 2001 | 3 | 161.36 | + 3.90% | + 15.61% |
| 2001 | 4 | 165.59 | + 2.62% | + 10.49% |
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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 $101,000.00 in 2000, you could multiply by + 23.09%, add the gain and see the home should be worth $124,318.66 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Worcester-MA from 2000 to 2001:
+ 11.54%
Appreciation Comparisons
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
The top 5 performing MSAs from 2000 to 2001 were Stockton-CA, Salinas-CA, Modesto-CA, Vallejo-Fairfield-CA, and Merced-CA .
- Stockton-CA increased + 32.40% from 2000 to the end of 2001
- Salinas-CA increased + 31.19% from 2000 to the end of 2001
- Modesto-CA increased + 30.86% from 2000 to the end of 2001
- Vallejo-Fairfield-CA increased + 30.50% from 2000 to the end of 2001
- Merced-CA increased + 28.81% from 2000 to the end of 2001
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