Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Albany Schenectady Troy, New York did compared to the state as a whole.

The Albany Schenectady Troy, New York MSA property value change was + 19.02% (+ 9.51% yearly).

All of the property in NY averaged + 13.83% change in value (+ 6.91% yearly).

Albany-Schenectady-Troy-NY

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2005 2 172.25 + 4.75% + 19.00%
2005 3 179.59 + 4.26% + 17.04%
2005 4 182.06 + 1.38% + 5.50%
2006 1 187.87 + 3.19% + 12.77%
2006 2 190.82 + 1.57% + 6.28%
2006 3 192.36 + 0.81% + 3.23%
2006 4 195.71 + 1.74% + 6.97%


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 $111,000.00 in 2005, you could multiply by + 19.02%, add the gain and see the home should be worth $132,107.82 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 2005 to 2006:
+ 9.51%

Appreciation Comparisons

The top 5 performing MSAs from 2005 to 2006 were Bend-OR, Boise-City-Nampa-ID, Phoenix-Mesa-Scottdale-AZ, Naples-Marco-Island-FL, and Ocala-FL .

  1. Bend-OR increased + 52.68% from 2005 to the end of 2006
  2. Boise-City-Nampa-ID increased + 43.68% from 2005 to the end of 2006
  3. Phoenix-Mesa-Scottdale-AZ increased + 43.40% from 2005 to the end of 2006
  4. Naples-Marco-Island-FL increased + 41.08% from 2005 to the end of 2006
  5. Ocala-FL increased + 40.98% from 2005 to the end of 2006

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