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 + 87.75% (+ 10.97% yearly) for the period between 1999 and the end of 2006.

The state had +110.68% total appreciation (+ 13.84% 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 + 26.14% faster than this MSA.

Albany-Schenectady-Troy-NY

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2003-2006 Quarterly Detailed Appreciation
2000-2003 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 $105,000.00 in 1999, you could multiply by + 87.75%, add the gain and see the home should be worth $197,136.90 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1999 to 2006:
+ 10.97%

Appreciation Comparisons

The top 5 performing MSAs from 1999 to 2006 were Naples-Marco-Island-FL, Salinas-CA, Merced-CA, Riverside-San-Bernardino-Ontario-CA, and Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M .

  1. Naples-Marco-Island-FL increased +209.59% from 1999 to the end of 2006
  2. Salinas-CA increased +204.52% from 1999 to the end of 2006
  3. Merced-CA increased +196.27% from 1999 to the end of 2006
  4. Riverside-San-Bernardino-Ontario-CA increased +194.43% from 1999 to the end of 2006
  5. Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +190.86% from 1999 to the end of 2006

In contrast, the worst 5 MSAs from 1999 to 2006 were Kokomo-IN, Lafayette-IN, Anderson-IN, Muncie-IN, and Sioux-City-IA-NE-SD .

  1. Kokomo-IN only increased + 14.46% between 1999 and 2006
  2. Lafayette-IN only increased + 14.84% between 1999 and 2006
  3. Anderson-IN only increased + 19.94% between 1999 and 2006
  4. Muncie-IN only increased + 20.82% between 1999 and 2006
  5. Sioux-City-IA-NE-SD only increased + 21.59% between 1999 and 2006

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