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 + 4.28% (+ 1.07% yearly).

All of the property in NM averaged + 6.85% change in value (+ 1.71% yearly).

Albuquerque-NM

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
1999 1 109.67 - 0.36% - 1.45%
1999 2 109.29 - 0.35% - 1.39%
1999 3 108.75 - 0.49% - 1.98%
1999 4 108.83 + 0.07% + 0.29%
2000 1 109.32 + 0.45% + 1.80%
2000 2 109.19 - 0.12% - 0.48%
2000 3 109.8 + 0.56% + 2.23%
2000 4 110.57 + 0.70% + 2.81%


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

Lets look at Algodones, 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 Algodones, New Mexico check out 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 $97,000.00 in 1997, you could multiply by + 4.28%, add the gain and see the home should be worth $101,153.35 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albuquerque-NM from 1997 to 2000:
+ 1.07%

Appreciation Comparisons

The top 5 performing MSAs from 1997 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Salinas-CA, and Napa-CA .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased + 82.37% from 1997 to the end of 2000
  2. Santa-Cruz-Watsonville-CA increased + 74.02% from 1997 to the end of 2000
  3. Santa-Rosa-Petaluma-CA increased + 61.76% from 1997 to the end of 2000
  4. Salinas-CA increased + 59.12% from 1997 to the end of 2000
  5. Napa-CA increased + 54.99% from 1997 to the end of 2000

For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .

  1. Bakersfield-CA increased +116.36% from 2002 thru 2005
  2. Fresno-CA increased +116.09% from 2002 thru 2005
  3. Madera-CA increased +114.32% from 2002 thru 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
  5. Bakersfield-CA increased +110.89% from 2003 thru 2006

Zip Code in MSA: 87001 - ALGODONES, NM

MSA Pop: 764869
Zip Pop: 3482
Avg Value: 102000
County: SANDOVAL
Elev: 5042
Region: West
Lat: 35.379625
Long: -106.480056