Real Estate Appreciation for Albany Schenectady Troy, New York: - 5.74%
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 - 5.74% (- 1.43% yearly) from 1994 to 1997.
During the same time period, NY had + 2.27% (+ 0.57% yearly).
From 1994 to 1997, New York outperformed the individual Albany Schenectady Troy, New York MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Albany-Schenectady-Troy-NY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1994 | 2 | 104.74 | - 2.58% | - 10.31% |
| 1994 | 3 | 103.58 | - 1.11% | - 4.43% |
| 1994 | 4 | 102.9 | - 0.66% | - 2.63% |
| 1995 | 1 | 100 | - 2.82% | - 11.27% |
| 1995 | 2 | 100.96 | + 0.96% | + 3.84% |
| 1995 | 3 | 102.5 | + 1.53% | + 6.10% |
| 1995 | 4 | 102.31 | - 0.19% | - 0.74% |
| 1996 | 1 | 103.5 | + 1.16% | + 4.65% |
| 1996 | 2 | 100.39 | - 3.00% | - 12.02% |
| 1996 | 3 | 100.84 | + 0.45% | + 1.79% |
| 1996 | 4 | 99.57 | - 1.26% | - 5.04% |
| 1997 | 1 | 100.49 | + 0.92% | + 3.70% |
| 1997 | 2 | 100.45 | - 0.04% | - 0.16% |
| 1997 | 3 | 100.17 | - 0.28% | - 1.11% |
| 1997 | 4 | 101.34 | + 1.17% | + 4.67% |
There are a lot of ways to use the appreciation data for Albany Schenectady Troy, New York .
Lets look at Alplaus, 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 Alplaus, New York check out Spec-Loan.com
If you were going to do a Alplaus, New York Refinance, or Alplaus, New York Reverse Mortgages, you could estimate your home value.
If you knew your Alplaus, New York home was worth $91,000.00 in 1994, you could multiply by - 5.74%, add the gain and see the home should be worth $85,777.51 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1994 to 1997:
- 1.43%
Appreciation Comparisons
The worst 5 MSAs from 1994 to 1997 were Honolulu-HI, Utica-Rome-NY, Binghamton-NY, Riverside-San-Bernardino-Ontario-CA, and Kingston-NY .
- Honolulu-HI decreased by - 14.47% between 1994 and 1997
- Utica-Rome-NY decreased by - 12.23% between 1994 and 1997
- Binghamton-NY decreased by - 9.70% between 1994 and 1997
- Riverside-San-Bernardino-Ontario-CA decreased by - 8.40% between 1994 and 1997
- Kingston-NY decreased by - 6.47% between 1994 and 1997
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
Zip Code in MSA: 12008 - ALPLAUS, NY
MSA Pop: 840644Zip Pop: 431
Avg Value: 111500
County: SCHENECTADY
Elev: 246
Region: Northeast
Lat: 42.85704
Long: -73.9023