Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Albuquerque, New Mexico MSA appreciated + 41.79% (+ 5.97% yearly) for the period between 1999 and the end of 2005.

The state had + 46.85% total appreciation (+ 6.69% yearly). The state average for New Mexico was higher than the real estate appreciation in the Albuquerque, New Mexico MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 12.10% faster than this MSA.

Albuquerque-NM

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Albuquerque-NM here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in New Mexico, you can do some research at 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 $104,000.00 in 1999, you could multiply by + 41.79%, add the gain and see the home should be worth $147,460.56 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albuquerque-NM from 1999 to 2005:
+ 5.97%

Appreciation Comparisons

The top 5 performing MSAs from 1999 to 2005 were Salinas-CA, Merced-CA, Naples-Marco-Island-FL, Vallejo-Fairfield-CA, and Modesto-CA .

  1. Salinas-CA increased +208.13% from 1999 to the end of 2005
  2. Merced-CA increased +193.70% from 1999 to the end of 2005
  3. Naples-Marco-Island-FL increased +186.53% from 1999 to the end of 2005
  4. Vallejo-Fairfield-CA increased +185.64% from 1999 to the end of 2005
  5. Modesto-CA increased +182.15% from 1999 to the end of 2005

Zip Code in MSA: 87002 - BELEN, NM

MSA Pop: 764869
Zip Pop: 20673
Avg Value: 87100
County: VALENCIA
Elev: 4841
Region: West
Lat: 34.655093
Long: -106.761577