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 Binghamton, New York MSA appreciated + 39.92% (+ 5.70% yearly) for the period between 1999 and the end of 2005.

The state had +104.12% total appreciation (+ 14.87% yearly). The state average for New York was higher than the real estate appreciation in the Binghamton, New York 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 +160.80% faster than this MSA.

Binghamton-NY

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


If you need information on Hard Money Rehab Loans in Berkshire, New York look at Spec-Loan.com

If you were going to do a Berkshire, New York Refinance, or Berkshire, New York Reverse Mortgages, you could estimate your home value.

If you knew your Berkshire, New York home was worth $104,000.00 in 1999, you could multiply by + 39.92%, add the gain and see the home should be worth $145,518.01 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Binghamton-NY from 1999 to 2005:
+ 5.70%

Appreciation Comparisons

The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .

  1. Lafayette-LA lost - 40.40% from 1982 to 1988
  2. Casper-WY lost - 35.78% from 1983 thru 1989
  3. Midland-TX lost - 32.81% from 1983 thru 1989
  4. Lafayette-LA lost - 32.70% from 1983 thru 1989
  5. Midland-TX lost - 31.48% from 1982 thru 1988

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: 13736 - BERKSHIRE, NY

MSA Pop: 251106
Zip Pop: 2342
Avg Value: 64900
County: TIOGA
Elev: 817
Region: Northeast
Lat: 42.3138
Long: -76.19064