Appreciation for MSAs:.

Let's start by comparing Amarillo, Texas to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.

We have appreciattion of + 16.67% (+ 4.17% yearly) for the Amarillo, Texas MSA.

The entire state of TX had + 15.93% appreciation (+ 3.98% yearly). The Amarillo, Texas MSA beat out the state. by + 4.66% appreciation.

Amarillo-TX

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2002 2 130.96 + 1.79% + 7.15%
2002 3 131.86 + 0.69% + 2.75%
2002 4 135.57 + 2.81% + 11.25%
2003 1 135.11 - 0.34% - 1.36%
2003 2 135.74 + 0.47% + 1.87%
2003 3 134.99 - 0.55% - 2.21%
2003 4 137.06 + 1.53% + 6.13%
2004 1 136.48 - 0.42% - 1.69%
2004 2 138.83 + 1.72% + 6.89%
2004 3 141.1 + 1.64% + 6.54%
2004 4 143.95 + 2.02% + 8.08%
2005 1 143.11 - 0.58% - 2.33%
2005 2 145.87 + 1.93% + 7.71%
2005 3 149.24 + 2.31% + 9.24%
2005 4 150.11 + 0.58% + 2.33%


Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.

If you were going to do a Canyon, Texas Refinance, or Canyon, Texas Reverse Mortgages, you could estimate your home value.

If you knew your Canyon, Texas home was worth $107,000.00 in 2002, you could multiply by + 16.67%, add the gain and see the home should be worth $124,838.88 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Amarillo-TX from 2002 to 2005:
+ 4.17%

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: 79016 - CANYON, TX

MSA Pop: 233231
Zip Pop: 0
Avg Value: 0
County: RANDALL
Elev: 3551
Region: South
Lat: 34.97958
Long: -101.93082