Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Albuquerque, New Mexico MSA appreciated + 48.02% (+ 12.01% yearly) between 2003 and the end of 2006.

The state of NM had + 43.99% total appreciation (+ 11.00% yearly). The Albuquerque, New Mexico MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 9.18% faster than the state as a whole.

Albuquerque-NM

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2003 2 121.64 + 1.17% + 4.69%
2003 3 122.59 + 0.78% + 3.12%
2003 4 124.92 + 1.90% + 7.60%
2004 1 126.43 + 1.21% + 4.84%
2004 2 128.75 + 1.84% + 7.34%
2004 3 132.04 + 2.56% + 10.22%
2004 4 134.22 + 1.65% + 6.60%
2005 1 136.97 + 2.05% + 8.20%
2005 2 144.1 + 5.21% + 20.82%
2005 3 150.24 + 4.26% + 17.04%
2005 4 155.5 + 3.50% + 14.00%
2006 1 161.07 + 3.58% + 14.33%
2006 2 167.91 + 4.25% + 16.99%
2006 3 174.26 + 3.78% + 15.13%
2006 4 177.97 + 2.13% + 8.52%


If you need information on Hard Money Rehab Loans in Algodones, New Mexico look at 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 $109,000.00 in 2003, you could multiply by + 48.02%, add the gain and see the home should be worth $161,346.84 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albuquerque-NM from 2003 to 2006:
+ 12.01%

Appreciation Comparisons

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

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

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