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 + 31.10% (+ 6.22% yearly) for the period between 2001 and the end of 2005.

The state had + 70.99% total appreciation (+ 14.20% 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 +128.26% faster than this MSA.

Binghamton-NY

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2002-2005 Quarterly Detailed Appreciation


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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 $106,000.00 in 2001, you could multiply by + 31.10%, add the gain and see the home should be worth $138,966.25 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Binghamton-NY from 2001 to 2005:
+ 6.22%

Appreciation Comparisons

For a 5 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Worcester-MA, Fresno-CA, Madera-CA, and Yuba-City-CA .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased +139.57% from 1976 thru 1980
  2. Worcester-MA increased +138.82% from 1982 thru 1986
  3. Fresno-CA increased +137.23% from 2001 thru 2005
  4. Madera-CA increased +136.99% from 2001 thru 2005
  5. Yuba-City-CA increased +136.08% from 2001 thru 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