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 + 36.20% (+ 12.07% yearly) for the period between 2001 and the end of 2003.

The state had + 34.20% total appreciation (+ 11.40% yearly). The Worcester, Massachusettes MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.

Worcester-MA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
2003 1 189.79 + 1.99% + 7.95%
2003 2 193.18 + 1.79% + 7.14%
2003 3 197.12 + 2.04% + 8.16%
2003 4 205.37 + 4.19% + 16.74%


If you need information on Hard Money Rehab Loans in Gilbertville, Massachusettes look at 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 $104,000.00 in 2001, you could multiply by + 36.20%, add the gain and see the home should be worth $141,643.88 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Worcester-MA from 2001 to 2003:
+ 12.07%

Appreciation Comparisons

The top 5 performing MSAs from 2001 to 2003 were Yuba-City-CA, Chico-CA, Fresno-CA, Redding-CA, and Madera-CA .

  1. Yuba-City-CA increased + 53.06% from 2001 to the end of 2003
  2. Chico-CA increased + 50.54% from 2001 to the end of 2003
  3. Fresno-CA increased + 50.27% from 2001 to the end of 2003
  4. Redding-CA increased + 49.39% from 2001 to the end of 2003
  5. Madera-CA increased + 48.53% from 2001 to the end of 2003

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