Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Albany Schenectady Troy, New York MSA appreciated + 53.05% (+ 8.84% yearly) for the period between 1999 and the end of 2004.

The state had + 80.03% total appreciation (+ 13.34% yearly). The state average for New York was higher than the real estate appreciation in the Albany Schenectady Troy, New York MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 50.85% faster than this MSA.

Albany-Schenectady-Troy-NY

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2001-2004 Quarterly Detailed Appreciation


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If you were going to do a Altamont, New York Refinance, or Altamont, New York Reverse Mortgages, you could estimate your home value.

If you knew your Altamont, New York home was worth $103,000.00 in 1999, you could multiply by + 53.05%, add the gain and see the home should be worth $157,642.17 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1999 to 2004:
+ 8.84%

Appreciation Comparisons

The top 5 performing MSAs from 1999 to 2004 were Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Vallejo-Fairfield-CA, Napa-CA, and San-Luis-Obispo-Paso-Robles-CA .

  1. Salinas-CA increased +147.28% from 1999 to the end of 2004
  2. San-Diego-Carlsbad-San-Marcos-CA increased +142.11% from 1999 to the end of 2004
  3. Vallejo-Fairfield-CA increased +136.81% from 1999 to the end of 2004
  4. Napa-CA increased +132.64% from 1999 to the end of 2004
  5. San-Luis-Obispo-Paso-Robles-CA increased +132.13% from 1999 to the end of 2004

Zip Code in MSA: 12009 - ALTAMONT, NY

MSA Pop: 840644
Zip Pop: 7628
Avg Value: 131900
County: ALBANY
Elev: 30
Region: Northeast
Lat: 42.70314
Long: -74.02866