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 + 38.33% (+ 12.78% yearly) from 2000 to 2002.

During the same time period, MA had + 37.52% (+ 12.51% yearly). You can see that the Worcester, Massachusettes MSA experienced higher appreciation in this case.

Worcester-MA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
2002 1 169.56 + 2.40% + 9.59%
2002 2 176.37 + 4.02% + 16.07%
2002 3 181.78 + 3.07% + 12.27%
2002 4 186.09 + 2.37% + 9.48%


Lets look at Gilbertville, 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 Gilbertville, Massachusettes Refinance, or Gilbertville, Massachusettes Reverse Mortgages, you could estimate your home value.

If you knew your Gilbertville, Massachusettes home was worth $102,000.00 in 2000, you could multiply by + 38.33%, add the gain and see the home should be worth $141,092.54 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Worcester-MA from 2000 to 2002:
+ 12.78%

Appreciation Comparisons

The top 5 performing MSAs from 2000 to 2002 were Barnstable-Town-MA, San-Luis-Obispo-Paso-Robles-CA, Modesto-CA, Vallejo-Fairfield-CA, and Napa-CA .

  1. Barnstable-Town-MA increased + 49.98% from 2000 to the end of 2002
  2. San-Luis-Obispo-Paso-Robles-CA increased + 47.67% from 2000 to the end of 2002
  3. Modesto-CA increased + 47.60% from 2000 to the end of 2002
  4. Vallejo-Fairfield-CA increased + 46.66% from 2000 to the end of 2002
  5. Napa-CA increased + 45.33% from 2000 to the end of 2002

In contrast, the worst 5 MSAs from 2000 to 2002 were Wenatchee-WA, Lafayette-IN, Springfield-IL, Ogden-Clearfield-UT, and Provo-Orem-UT .

  1. Wenatchee-WA only increased + 5.30% between 2000 and 2002
  2. Lafayette-IN only increased + 7.07% between 2000 and 2002
  3. Springfield-IL only increased + 7.12% between 2000 and 2002
  4. Ogden-Clearfield-UT only increased + 7.34% between 2000 and 2002
  5. Provo-Orem-UT only increased + 7.67% between 2000 and 2002

Zip Code in MSA: 1031 - GILBERTVILLE, MA

MSA Pop: 776610
Zip Pop: 1263
Avg Value: 116500
County: WORCESTER
Elev: 475
Region: Northeast
Lat: 42.33426
Long: -72.17604