Appreciation for MSAs:.

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 + 28.52% (+ 14.26% yearly) from 2004 to 2005.

During the same time period, NY had + 25.79% (+ 12.90% yearly). You can see that the Albany Schenectady Troy, New York MSA experienced higher appreciation in this case.

Albany-Schenectady-Troy-NY

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2004 2 146.93 + 3.72% + 14.88%
2004 3 156 + 6.17% + 24.69%
2004 4 159.54 + 2.27% + 9.08%
2005 1 164.44 + 3.07% + 12.29%
2005 2 172.25 + 4.75% + 19.00%
2005 3 179.59 + 4.26% + 17.04%
2005 4 182.06 + 1.38% + 5.50%


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 $109,000.00 in 2004, you could multiply by + 28.52%, add the gain and see the home should be worth $140,085.70 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 2004 to 2005:
+ 14.26%

Appreciation Comparisons

For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005

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