Real Estate Appreciation for Albuquerque, New Mexico: + 10.07%
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 + 10.07% (+ 2.52% yearly).
All of the property in NM averaged + 11.92% change in value (+ 2.98% 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% |
| 1997 | 1 | 106.03 | + 0.08% | + 0.30% |
| 1997 | 2 | 106.6 | + 0.54% | + 2.15% |
| 1997 | 3 | 107.13 | + 0.50% | + 1.99% |
| 1997 | 4 | 108.41 | + 1.19% | + 4.78% |
| 1998 | 1 | 109.15 | + 0.68% | + 2.73% |
| 1998 | 2 | 108.78 | - 0.34% | - 1.36% |
| 1998 | 3 | 109.21 | + 0.40% | + 1.58% |
| 1998 | 4 | 110.07 | + 0.79% | + 3.15% |
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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 $93,000.00 in 1995, you could multiply by + 10.07%, add the gain and see the home should be worth $102,365.10 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albuquerque-NM from 1995 to 1998:
+ 2.52%
Appreciation Comparisons
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
The top 5 performing MSAs from 1995 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Bay-City-MI, Jackson-MI, Battle-Creek-MI, and Ogden-Clearfield-UT .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 38.22% from 1995 to the end of 1998
- Bay-City-MI increased + 32.31% from 1995 to the end of 1998
- Jackson-MI increased + 31.57% from 1995 to the end of 1998
- Battle-Creek-MI increased + 30.77% from 1995 to the end of 1998
- Ogden-Clearfield-UT increased + 30.59% from 1995 to the end of 1998
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