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 + 5.25% (+ 2.63% yearly) for the period between 2001 and the end of 2002.

The state had + 6.46% total appreciation (+ 3.23% 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 + 22.93% faster than this MSA.

Albuquerque-NM

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2001 2 113.96 + 0.64% + 2.58%
2001 3 114.55 + 0.52% + 2.07%
2001 4 115.47 + 0.80% + 3.21%
2002 1 115.8 + 0.29% + 1.14%
2002 2 116.76 + 0.83% + 3.32%
2002 3 118.29 + 1.31% + 5.24%
2002 4 119.18 + 0.75% + 3.01%


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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 $103,000.00 in 2001, you could multiply by + 5.25%, add the gain and see the home should be worth $108,412.43 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albuquerque-NM from 2001 to 2002:
+ 2.63%

Appreciation Comparisons

For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005

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