Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
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 + 19.28% (+ 6.43% yearly) from 2000 to 2002.

During the same time period, NY had + 31.17% (+ 10.39% yearly). From 2000 to 2002, 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

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2000 2 105.44 + 1.07% + 4.29%
2000 3 107.65 + 2.10% + 8.38%
2000 4 108.04 + 0.36% + 1.45%
2001 1 109.23 + 1.10% + 4.41%
2001 2 111.57 + 2.14% + 8.57%
2001 3 114.14 + 2.30% + 9.21%
2001 4 115.03 + 0.78% + 3.12%
2002 1 116.2 + 1.02% + 4.07%
2002 2 118.98 + 2.39% + 9.57%
2002 3 121.59 + 2.19% + 8.77%
2002 4 124.43 + 2.34% + 9.34%


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 $102,000.00 in 2000, you could multiply by + 19.28%, add the gain and see the home should be worth $121,662.77 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 2000 to 2002:
+ 6.43%

Appreciation Comparisons

The top 5 performing MSAs from 2000 to 2002 were Barnstable-Town-MA, San-Luis-Obispo-Paso-Robles-CA, Modesto-CA, Vallejo-Fairfield-CA, and Napa-CA .

  1. Barnstable-Town-MA increased + 49.98% from 2000 to the end of 2002
  2. San-Luis-Obispo-Paso-Robles-CA increased + 47.67% from 2000 to the end of 2002
  3. Modesto-CA increased + 47.60% from 2000 to the end of 2002
  4. Vallejo-Fairfield-CA increased + 46.66% from 2000 to the end of 2002
  5. Napa-CA increased + 45.33% from 2000 to the end of 2002

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

Zip Code in MSA: 12008 - ALPLAUS, NY

MSA Pop: 840644
Zip Pop: 431
Avg Value: 111500
County: SCHENECTADY
Elev: 246
Region: Northeast
Lat: 42.85704
Long: -73.9023