Real Estate Appreciation for Albuquerque, New Mexico: + 5.95%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Albuquerque, New Mexico did compared to the state as a whole.
The Albuquerque, New Mexico MSA property value change was + 5.95% (+ 2.98% yearly).
All of the property in NM averaged + 6.23% change in value (+ 3.12% yearly).
Albuquerque-NM
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 102.1 | + 2.10% | + 8.40% |
| 1995 | 3 | 104.06 | + 1.92% | + 7.68% |
| 1995 | 4 | 105.12 | + 1.02% | + 4.07% |
| 1996 | 1 | 105.62 | + 0.48% | + 1.90% |
| 1996 | 2 | 105.33 | - 0.27% | - 1.10% |
| 1996 | 3 | 105.16 | - 0.16% | - 0.65% |
| 1996 | 4 | 105.95 | + 0.75% | + 3.00% |
If you need information on Hard Money Rehab Loans in Algodones, New Mexico look at Spec-Loan.com
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 $91,000.00 in 1995, you could multiply by + 5.95%, add the gain and see the home should be worth $96,414.50 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albuquerque-NM from 1995 to 1996:
+ 2.98%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1995 to 1996 were Honolulu-HI, Cumberland-MD-WV, Utica-Rome-NY, Binghamton-NY, and Madera-CA .
- Honolulu-HI decreased by - 7.92% between 1995 and 1996
- Cumberland-MD-WV decreased by - 4.44% between 1995 and 1996
- Utica-Rome-NY decreased by - 4.03% between 1995 and 1996
- Binghamton-NY decreased by - 3.46% between 1995 and 1996
- Madera-CA decreased by - 3.21% between 1995 and 1996
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 87001 - ALGODONES, NM
MSA Pop: 764869Zip Pop: 3482
Avg Value: 102000
County: SANDOVAL
Elev: 5042
Region: West
Lat: 35.379625
Long: -106.480056