Real Estate Appreciation for Albuquerque, New Mexico: + 25.47%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Albuquerque, New Mexico MSA appreciation it was + 25.47% (+ 3.18% yearly) from 1994 to 2001.
During the same time period, NM had + 28.16% (+ 3.52% yearly).
From 1994 to 2001, New Mexico outperformed the individual Albuquerque, New Mexico MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Albuquerque-NM
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
If you need information on Hard Money Rehab Loans in Belen, New Mexico look at Spec-Loan.com
If you were going to do a Belen, New Mexico Refinance, or Belen, New Mexico Reverse Mortgages, you could estimate your home value.
If you knew your Belen, New Mexico home was worth $95,000.00 in 1994, you could multiply by + 25.47%, add the gain and see the home should be worth $119,196.46 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albuquerque-NM from 1994 to 2001:
+ 3.18%
Appreciation Comparisons
For a 8 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, Salinas-CA, and Naples-Marco-Island-FL .
- Salinas-CA increased +233.30% from 1998 thru 2005
- Springfield-MA increased +225.43% from 1981 thru 1988
- Naples-Marco-Island-FL increased +209.59% from 1999 thru 2006
- Salinas-CA increased +204.52% from 1999 thru 2006
- Naples-Marco-Island-FL increased +202.95% from 1998 thru 2005
The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .
- Midland-TX lost - 34.76% from 1982 to 1989
- Midland-TX lost - 32.81% from 1983 thru 1990
- Casper-WY lost - 31.76% from 1983 thru 1990
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
Zip Code in MSA: 87002 - BELEN, NM
MSA Pop: 764869Zip Pop: 20673
Avg Value: 87100
County: VALENCIA
Elev: 4841
Region: West
Lat: 34.655093
Long: -106.761577