Real Estate Appreciation for Albuquerque, New Mexico: + 10.57%
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 + 10.57% (+ 1.76% yearly).
All of the property in NM averaged + 14.03% change in value (+ 2.34% yearly).
Albuquerque-NM
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1997-2000 Quarterly Detailed Appreciation
Lets look at Belen, New Mexico, a city located in Albuquerque, New Mexico MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out 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 1995, you could multiply by + 10.57%, add the gain and see the home should be worth $105,041.50 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albuquerque-NM from 1995 to 2000:
+ 1.76%
Appreciation Comparisons
The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .
- Lafayette-LA lost - 42.13% from 1983 to 1988
- Lafayette-LA lost - 37.78% from 1982 thru 1987
- Casper-WY lost - 37.50% from 1983 thru 1988
- Anchorage-AK lost - 33.17% from 1984 thru 1989
- Midland-TX lost - 31.15% from 1982 thru 1987
The top 5 performing MSAs from 1995 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Barnstable-Town-MA, and Denver-Aurora-CO .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +101.99% from 1995 to the end of 2000
- Santa-Cruz-Watsonville-CA increased + 79.90% from 1995 to the end of 2000
- Santa-Rosa-Petaluma-CA increased + 65.27% from 1995 to the end of 2000
- Barnstable-Town-MA increased + 64.91% from 1995 to the end of 2000
- Denver-Aurora-CO increased + 61.62% from 1995 to the end of 2000
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