Real Estate Appreciation for Colorado Springs, Colorado: + 16.70%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Colorado Springs, Colorado did compared to the state as a whole.
The Colorado Springs, Colorado MSA property value change was + 16.70% (+ 5.57% yearly).
All of the property in CO averaged + 17.64% change in value (+ 5.88% yearly).
Colorado-Springs-CO
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
Some of the ways peope use our appreciation data for Colorado Springs, Colorado include real estate investment .
Lets look at Elbert, Colorado, a city located in Colorado Springs, Colorado 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 Colorado check out Spec-Loan.com
If you were going to do a Elbert, Colorado Refinance, or Elbert, Colorado Reverse Mortgages, you could estimate your home value.
If you knew your Elbert, Colorado home was worth $92,000.00 in 1995, you could multiply by + 16.70%, add the gain and see the home should be worth $107,364.00 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Colorado-Springs-CO from 1995 to 1997:
+ 5.57%
Appreciation Comparisons
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
The top 5 performing MSAs from 1995 to 1997 were Bay-City-MI, Ogden-Clearfield-UT, Salt-Lake-City-UT, Battle-Creek-MI, and Portland-Vancouver-Beaverton-OR-WA .
- Bay-City-MI increased + 25.65% from 1995 to the end of 1997
- Ogden-Clearfield-UT increased + 25.40% from 1995 to the end of 1997
- Salt-Lake-City-UT increased + 24.43% from 1995 to the end of 1997
- Battle-Creek-MI increased + 24.38% from 1995 to the end of 1997
- Portland-Vancouver-Beaverton-OR-WA increased + 23.69% from 1995 to the end of 1997
Zip Code in MSA: 80106 - ELBERT, CO
MSA Pop: 572264Zip Pop: 3415
Avg Value: 226800
County: EL PASO
Elev: 6008
Region: West
Lat: 39.058549
Long: -104.593857