Appreciation for MSAs:.

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

If we analyze Colorado Springs, Colorado MSA appreciation it was + 27.22% (+ 6.81% yearly) from 1994 to 1997.

During the same time period, CO had + 29.03% (+ 7.26% yearly). From 1994 to 1997, Colorado outperformed the individual Colorado Springs, Colorado MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Colorado-Springs-CO

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1994 2 95.49 + 4.10% + 16.40%
1994 3 98.09 + 2.72% + 10.89%
1994 4 98.37 + 0.29% + 1.14%
1995 1 100 + 1.66% + 6.63%
1995 2 101.54 + 1.54% + 6.16%
1995 3 104.26 + 2.68% + 10.71%
1995 4 105.47 + 1.16% + 4.64%
1996 1 108.17 + 2.56% + 10.24%
1996 2 109 + 0.77% + 3.07%
1996 3 110.33 + 1.22% + 4.88%
1996 4 111.51 + 1.07% + 4.28%
1997 1 112.61 + 0.99% + 3.95%
1997 2 113.59 + 0.87% + 3.48%
1997 3 115.14 + 1.36% + 5.46%
1997 4 116.7 + 1.35% + 5.42%


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

If you knew your Monument, Colorado home was worth $91,000.00 in 1994, you could multiply by + 27.22%, add the gain and see the home should be worth $115,771.29 in 1997. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Colorado-Springs-CO from 1994 to 1997:
+ 6.81%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1994 to 1997 were Honolulu-HI, Utica-Rome-NY, Binghamton-NY, Riverside-San-Bernardino-Ontario-CA, and Kingston-NY .

  1. Honolulu-HI decreased by - 14.47% between 1994 and 1997
  2. Utica-Rome-NY decreased by - 12.23% between 1994 and 1997
  3. Binghamton-NY decreased by - 9.70% between 1994 and 1997
  4. Riverside-San-Bernardino-Ontario-CA decreased by - 8.40% between 1994 and 1997
  5. Kingston-NY decreased by - 6.47% between 1994 and 1997

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: 80132 - MONUMENT, CO

MSA Pop: 572264
Zip Pop: 13758
Avg Value: 269300
County: EL PASO
Elev: 6008
Region: West
Lat: 39.099353
Long: -104.85034