Real Estate Appreciation for Albany Schenectady Troy, New York: + 3.63%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Albany Schenectady Troy, New York did compared to the state as a whole.
The Albany Schenectady Troy, New York MSA property value change was + 3.63% (+ 0.91% yearly).
All of the property in NY averaged + 12.39% change in value (+ 3.10% yearly).
Albany-Schenectady-Troy-NY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1998 | 1 | 103.32 | + 1.95% | + 7.82% |
| 1998 | 2 | 102.39 | - 0.90% | - 3.60% |
| 1998 | 3 | 102.44 | + 0.05% | + 0.20% |
| 1998 | 4 | 103.63 | + 1.16% | + 4.65% |
Some of the ways peope use our appreciation data for Albany Schenectady Troy, New York include real estate investment .
Lets look at Alplaus, New York, a city located in Albany Schenectady Troy, New York MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $93,000.00 in 1995, you could multiply by + 3.63%, add the gain and see the home should be worth $96,375.90 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1995 to 1998:
+ 0.91%
Appreciation Comparisons
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