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 + 68.43% (+ 13.69% yearly) for the Albany Schenectady Troy, New York MSA.

The entire state of NY had + 60.74% appreciation (+ 12.15% yearly). The Albany Schenectady Troy, New York MSA beat out the state. by + 12.64% appreciation.

Albany-Schenectady-Troy-NY

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2003-2006 Quarterly Detailed Appreciation


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

Lets look at Altamont, 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 Altamont, New York check out Spec-Loan.com

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 $108,000.00 in 2002, you could multiply by + 68.43%, add the gain and see the home should be worth $181,899.14 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 2002 to 2006:
+ 13.69%

Appreciation Comparisons

The top 5 performing MSAs from 2002 to 2006 were Bakersfield-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, Fresno-CA, and Naples-Marco-Island-FL .

  1. Bakersfield-CA increased +135.54% from 2002 to the end of 2006
  2. Madera-CA increased +131.62% from 2002 to the end of 2006
  3. Riverside-San-Bernardino-Ontario-CA increased +130.28% from 2002 to the end of 2006
  4. Fresno-CA increased +126.76% from 2002 to the end of 2006
  5. Naples-Marco-Island-FL increased +121.87% from 2002 to the end of 2006

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