Real Estate Appreciation for Albany Schenectady Troy, New York: +104.23%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Albany Schenectady Troy, New York MSA appreciation it was +104.23% (+ 11.58% yearly) from 1984 to 1992.
During the same time period, NY had + 90.13% (+ 10.01% yearly).
You can see that the Albany Schenectady Troy, New York MSA experienced higher appreciation in this case.
Albany-Schenectady-Troy-NY
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1989-1992 Quarterly Detailed Appreciation
1986-1989 Quarterly Detailed Appreciation
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Albany-Schenectady-Troy-NY here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in New York, you can do some research at 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 $76,000.00 in 1984, you could multiply by +104.23%, add the gain and see the home should be worth $155,216.93 in 1992. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1984 to 1992:
+ 11.58%
Appreciation Comparisons
For a 9 year period, the top 5 performing MSAs of all time are Salinas-CA, Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, and San-Diego-Carlsbad-San-Marcos-CA .
- Salinas-CA increased +251.65% from 1997 thru 2005
- Salinas-CA increased +229.40% from 1998 thru 2006
- Springfield-MA increased +229.07% from 1981 thru 1989
- Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
- San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005
The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .
- Midland-TX lost - 34.76% from 1982 to 1990
- Midland-TX lost - 32.77% from 1983 thru 1991
- Lafayette-LA lost - 26.59% from 1982 thru 1990
- Casper-WY lost - 26.42% from 1983 thru 1991
- Midland-TX lost - 25.57% from 1984 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