Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Albany, Georgia MSA appreciated + 7.10% (+ 2.37% yearly) between 1993 and the end of 1995.

The state of GA had + 9.91% total appreciation (+ 3.30% yearly). The state average for Georgia was higher than the real estate appreciation in the Albany, Georgia MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 39.61% faster than this MSA.

Albany-GA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1993 2 95.9 - 1.74% - 6.97%
1993 3 98.17 + 2.37% + 9.47%
1993 4 97.52 - 0.66% - 2.65%
1994 1 97.56 + 0.04% + 0.16%
1994 2 96.92 - 0.66% - 2.62%
1994 3 102.62 + 5.88% + 23.52%
1994 4 100.8 - 1.77% - 7.09%
1995 1 100 - 0.79% - 3.17%
1995 2 101.41 + 1.41% + 5.64%
1995 3 102.99 + 1.56% + 6.23%
1995 4 104.53 + 1.50% + 5.98%


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

If you knew your Albany, Georgia home was worth $88,000.00 in 1993, you could multiply by + 7.10%, add the gain and see the home should be worth $94,248.36 in 1995. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albany-GA from 1993 to 1995:
+ 2.37%

Appreciation Comparisons

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

The top 5 performing MSAs from 1993 to 1995 were Salt-Lake-City-UT, Provo-Orem-UT, Ogden-Clearfield-UT, Logan-UT-ID, and Fort-Collins-Loveland-CO .

  1. Salt-Lake-City-UT increased + 44.61% from 1993 to the end of 1995
  2. Provo-Orem-UT increased + 44.36% from 1993 to the end of 1995
  3. Ogden-Clearfield-UT increased + 40.83% from 1993 to the end of 1995
  4. Logan-UT-ID increased + 36.47% from 1993 to the end of 1995
  5. Fort-Collins-Loveland-CO increased + 35.31% from 1993 to the end of 1995

Zip Code in MSA: 31702 - ALBANY, GA

MSA Pop: 161104
Zip Pop: 0
Avg Value: 0
County: DOUGHERTY
Elev: 208
Region: South
Lat: 31.600675
Long: -84.20185