Appreciation for MSAs:.

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

The Albuquerque, New Mexico MSA appreciated + 18.97% (+ 9.49% yearly) between 1993 and the end of 1994.

The state of NM had + 17.41% total appreciation (+ 8.70% yearly). The Albuquerque, New Mexico MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 9.00% faster than the state as a whole.

Albuquerque-NM

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1993 2 85.57 + 2.69% + 10.75%
1993 3 87.3 + 2.02% + 8.09%
1993 4 89.25 + 2.23% + 8.93%
1994 1 92.03 + 3.11% + 12.46%
1994 2 95.33 + 3.59% + 14.34%
1994 3 98.12 + 2.93% + 11.71%
1994 4 99.14 + 1.04% + 4.16%


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

If you knew your Algodones, New Mexico home was worth $87,000.00 in 1993, you could multiply by + 18.97%, add the gain and see the home should be worth $103,506.30 in 1994. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albuquerque-NM from 1993 to 1994:
+ 9.49%

Appreciation Comparisons

The top 5 performing MSAs from 1993 to 1994 were Salt-Lake-City-UT, Fort-Collins-Loveland-CO, Provo-Orem-UT, Ogden-Clearfield-UT, and Greeley-CO .

  1. Salt-Lake-City-UT increased + 30.47% from 1993 to the end of 1994
  2. Fort-Collins-Loveland-CO increased + 28.45% from 1993 to the end of 1994
  3. Provo-Orem-UT increased + 28.10% from 1993 to the end of 1994
  4. Ogden-Clearfield-UT increased + 25.98% from 1993 to the end of 1994
  5. Greeley-CO increased + 25.00% from 1993 to the end of 1994

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: 87001 - ALGODONES, NM

MSA Pop: 764869
Zip Pop: 3482
Avg Value: 102000
County: SANDOVAL
Elev: 5042
Region: West
Lat: 35.379625
Long: -106.480056