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 + 35.74% (+ 3.57% yearly) from 1994 to 2003.

During the same time period, NM had + 41.65% (+ 4.16% yearly). From 1994 to 2003, 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 Only
Please Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Albuquerque, New Mexico .

Lets look at Bernalillo, New Mexico, a city located in Albuquerque, New Mexico 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 Bernalillo, New Mexico check out Spec-Loan.com

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

If you knew your Bernalillo, New Mexico home was worth $97,000.00 in 1994, you could multiply by + 35.74%, add the gain and see the home should be worth $131,666.20 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albuquerque-NM from 1994 to 2003:
+ 3.57%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1994 to 2003 were Honolulu-HI, Binghamton-NY, Elmira-NY, Rochester-NY, and Buffalo-Niagara-Falls-NY .

  1. Honolulu-HI only increased + 13.60% between 1994 and 2003
  2. Binghamton-NY only increased + 15.15% between 1994 and 2003
  3. Elmira-NY only increased + 18.18% between 1994 and 2003
  4. Rochester-NY only increased + 18.55% between 1994 and 2003
  5. Buffalo-Niagara-Falls-NY only increased + 19.11% between 1994 and 2003

The worst perfoming MSAs ever for a 10 year period, were Midland-TX, Midland-TX, Lafayette-LA, Midland-TX, and Lafayette-LA .

  1. Midland-TX lost - 34.73% from 1982 to 1991
  2. Midland-TX lost - 31.11% from 1983 thru 1992
  3. Lafayette-LA lost - 22.75% from 1982 thru 1991
  4. Midland-TX lost - 22.05% from 1984 thru 1993
  5. Lafayette-LA lost - 21.25% from 1983 thru 1992

Zip Code in MSA: 87004 - BERNALILLO, NM

MSA Pop: 764869
Zip Pop: 8154
Avg Value: 74900
County: SANDOVAL
Elev: 5042
Region: West
Lat: 35.308802
Long: -106.546963