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 + 8.90% (+ 1.78% yearly).

All of the property in NM averaged + 11.82% change in value (+ 2.36% yearly).

Albuquerque-NM

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1998-2001 Quarterly Detailed Appreciation


Lets look at Algodones, 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 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 $98,000.00 in 1997, you could multiply by + 8.90%, add the gain and see the home should be worth $106,725.08 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albuquerque-NM from 1997 to 2001:
+ 1.78%

Appreciation Comparisons

The top 5 performing MSAs from 1997 to 2001 were Santa-Cruz-Watsonville-CA, San-Jose-Sunnyvale-Santa-Clara-CA, Salinas-CA, Santa-Rosa-Petaluma-CA, and Barnstable-Town-MA .

  1. Santa-Cruz-Watsonville-CA increased + 85.74% from 1997 to the end of 2001
  2. San-Jose-Sunnyvale-Santa-Clara-CA increased + 84.16% from 1997 to the end of 2001
  3. Salinas-CA increased + 77.44% from 1997 to the end of 2001
  4. Santa-Rosa-Petaluma-CA increased + 75.85% from 1997 to the end of 2001
  5. Barnstable-Town-MA increased + 75.70% from 1997 to the end of 2001

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