Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Albuquerque, New Mexico MSA appreciation it was + 40.77% (+ 13.59% yearly) from 2004 to 2006.

During the same time period, NM had + 35.75% (+ 11.92% yearly). You can see that the Albuquerque, New Mexico MSA experienced higher appreciation in this case.

Albuquerque-NM

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%


Some of the ways peope use our appreciation data for Albuquerque, New Mexico include real estate investment .

Lets look at Algodones, New Mexico, a city located in Albuquerque, New Mexico MSA.

Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $110,000.00 in 2004, you could multiply by + 40.77%, add the gain and see the home should be worth $154,842.21 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Albuquerque-NM from 2004 to 2006:
+ 13.59%

Appreciation Comparisons

The top 5 performing MSAs from 2004 to 2006 were Naples-Marco-Island-FL, Bakersfield-CA, Bend-OR, Phoenix-Mesa-Scottdale-AZ, and Visalia-Porterville-CA .

  1. Naples-Marco-Island-FL increased + 77.60% from 2004 to the end of 2006
  2. Bakersfield-CA increased + 77.49% from 2004 to the end of 2006
  3. Bend-OR increased + 75.09% from 2004 to the end of 2006
  4. Phoenix-Mesa-Scottdale-AZ increased + 75.00% from 2004 to the end of 2006
  5. Visalia-Porterville-CA increased + 73.18% from 2004 to the end of 2006

In contrast, the worst 5 MSAs from 2004 to 2006 were Saginaw-Saginaw-Township-North-MI, Kokomo-IN, Anderson-IN, Muncie-IN, and Lafayette-IN .

  1. Saginaw-Saginaw-Township-North-MI only increased + 0.82% between 2004 and 2006
  2. Kokomo-IN only increased + 0.99% between 2004 and 2006
  3. Anderson-IN only increased + 2.08% between 2004 and 2006
  4. Muncie-IN only increased + 2.23% between 2004 and 2006
  5. Lafayette-IN only increased + 2.44% between 2004 and 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