Real Estate Appreciation for Albany Schenectady Troy, New York: +142.61%
Appreciation for MSAs:.
Let's start by comparing Albany Schenectady Troy, New York to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of +142.61% (+ 14.26% yearly) for the Albany Schenectady Troy, New York MSA.
The entire state of NY had +116.45% appreciation (+ 11.64% yearly).
The Albany Schenectady Troy, New York MSA beat out the state. by + 22.47% appreciation.
Albany-Schenectady-Troy-NY
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1988-1991 Quarterly Detailed Appreciation
1985-1988 Quarterly Detailed Appreciation
1982-1985 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Albany Schenectady Troy, New York .
Lets look at Averill Park, New York, a city located in Albany Schenectady Troy, New York MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Averill Park, New York check out Spec-Loan.com
If you were going to do a Averill Park, New York Refinance, or Averill Park, New York Reverse Mortgages, you could estimate your home value.
If you knew your Averill Park, New York home was worth $73,000.00 in 1982, you could multiply by +142.61%, add the gain and see the home should be worth $177,104.64 in 1991. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1982 to 1991:
+ 14.26%
Appreciation Comparisons
The worst 5 MSAs from 1982 to 1991 were Midland-TX, Lafayette-LA, San-Antonio-TX, Oklahoma-City-OK, and Houston-Sugar-Land-Baytown-TX .
- Midland-TX decreased by - 34.73% between 1982 and 1991
- Lafayette-LA decreased by - 22.75% between 1982 and 1991
- San-Antonio-TX decreased by - 13.48% between 1982 and 1991
- Oklahoma-City-OK decreased by - 10.28% between 1982 and 1991
- Houston-Sugar-Land-Baytown-TX decreased by - 8.62% between 1982 and 1991
For a 10 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Riverside-San-Bernardino-Ontario-CA .
- Bridgeport-Stamford-Norwalk-CT increased +262.04% from 1977 thru 1986
- New-Haven-Milford-CT increased +251.93% from 1978 thru 1987
- Salinas-CA increased +251.06% from 1996 thru 2005
- Salinas-CA increased +247.53% from 1997 thru 2006
- Riverside-San-Bernardino-Ontario-CA increased +237.10% from 1997 thru 2006
The worst perfoming MSAs ever for a 10 year period, were Midland-TX, Midland-TX, Lafayette-LA, Midland-TX, and Lafayette-LA .
- Midland-TX lost - 34.73% from 1982 to 1991
- Midland-TX lost - 31.11% from 1983 thru 1992
- Lafayette-LA lost - 22.75% from 1982 thru 1991
- Midland-TX lost - 22.05% from 1984 thru 1993
- Lafayette-LA lost - 21.25% from 1983 thru 1992
Zip Code in MSA: 12018 - AVERILL PARK, NY
MSA Pop: 840644Zip Pop: 7513
Avg Value: 122600
County: RENSSELAER
Elev: 35
Region: Northeast
Lat: 42.64062
Long: -73.5495