Appreciation for MSAs:.

Let's start by comparing Albany Schenectady Troy, New York to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.

We have appreciattion of + 37.30% (+ 12.43% yearly) for the Albany Schenectady Troy, New York MSA.

The entire state of NY had + 37.35% appreciation (+ 12.45% yearly). The state average for New York was higher than the real estate appreciation in the Albany Schenectady Troy, New York MSA. This means the conditions in the MSA for real estate investment were worse by + 0.15%.

Albany-Schenectady-Troy-NY

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2002 2 118.98 + 2.39% + 9.57%
2002 3 121.59 + 2.19% + 8.77%
2002 4 124.43 + 2.34% + 9.34%
2003 1 126.63 + 1.77% + 7.07%
2003 2 129.23 + 2.05% + 8.21%
2003 3 132.7 + 2.69% + 10.74%
2003 4 139.02 + 4.76% + 19.05%
2004 1 141.66 + 1.90% + 7.60%
2004 2 146.93 + 3.72% + 14.88%
2004 3 156 + 6.17% + 24.69%
2004 4 159.54 + 2.27% + 9.08%


There are a lot of ways to use the appreciation data for Albany Schenectady Troy, New York .

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

Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Alplaus, 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 $106,000.00 in 2002, you could multiply by + 37.30%, add the gain and see the home should be worth $145,535.63 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 2002 to 2004:
+ 12.43%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 2002 to 2004 were Jackson-TN, Ogden-Clearfield-UT, Austin-Round-Rock-TX, Lafayette-IN, and Burlington-NC .

  1. Jackson-TN only increased + 4.30% between 2002 and 2004
  2. Ogden-Clearfield-UT only increased + 4.40% between 2002 and 2004
  3. Austin-Round-Rock-TX only increased + 4.43% between 2002 and 2004
  4. Lafayette-IN only increased + 4.95% between 2002 and 2004
  5. Burlington-NC only increased + 5.39% between 2002 and 2004

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

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