Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Albany Schenectady Troy, New York MSA appreciated + 25.99% (+ 12.99% yearly) between 2003 and the end of 2004.

The state of NY had + 23.79% total appreciation (+ 11.90% yearly). The Albany Schenectady Troy, New York MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 9.24% faster than the state as a whole.

Albany-Schenectady-Troy-NY

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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 Alcove, 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 Alcove, New York check out Spec-Loan.com

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

If you knew your Alcove, New York home was worth $107,000.00 in 2003, you could multiply by + 25.99%, add the gain and see the home should be worth $134,808.34 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 2003 to 2004:
+ 12.99%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 2003 to 2004 were Brownsville-Harlingen-TX, Jackson-TN, Austin-Round-Rock-TX, Burlington-NC, and Ogden-Clearfield-UT .

  1. Brownsville-Harlingen-TX only increased + 0.47% between 2003 and 2004
  2. Jackson-TN only increased + 1.89% between 2003 and 2004
  3. Austin-Round-Rock-TX only increased + 2.07% between 2003 and 2004
  4. Burlington-NC only increased + 2.09% between 2003 and 2004
  5. Ogden-Clearfield-UT only increased + 2.83% between 2003 and 2004

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 12007 - ALCOVE, NY

MSA Pop: 840644
Zip Pop: 0
Avg Value: 0
County: ALBANY
Elev: 30
Region: Northeast
Lat: 42.46741
Long: -73.92823