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 + 81.17% (+ 9.02% yearly).

All of the property in NY averaged +123.87% change in value (+ 13.76% yearly).

Albany-Schenectady-Troy-NY

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation


Lets look at Averill Park, New York, a city located in Albany Schenectady Troy, New York MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans 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 $102,000.00 in 1997, you could multiply by + 81.17%, add the gain and see the home should be worth $184,795.70 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1997 to 2005:
+ 9.02%

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 .

  1. Salinas-CA increased +251.65% from 1997 thru 2005
  2. Salinas-CA increased +229.40% from 1998 thru 2006
  3. Springfield-MA increased +229.07% from 1981 thru 1989
  4. Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
  5. San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005

Zip Code in MSA: 12018 - AVERILL PARK, NY

MSA Pop: 840644
Zip Pop: 7513
Avg Value: 122600
County: RENSSELAER
Elev: 35
Region: Northeast
Lat: 42.64062
Long: -73.5495