Real Estate Appreciation for Colorado Springs, Colorado: + 21.82%
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 + 21.82% (+ 5.46% yearly).
All of the property in CO averaged + 24.36% change in value (+ 6.09% 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% |
| 1998 | 1 | 118.76 | + 1.77% | + 7.06% |
| 1998 | 2 | 119.57 | + 0.68% | + 2.73% |
| 1998 | 3 | 120.8 | + 1.03% | + 4.11% |
| 1998 | 4 | 121.82 | + 0.84% | + 3.38% |
There are a lot of ways to use the appreciation data for Colorado Springs, Colorado .
Lets look at Monument, Colorado, a city located in Colorado Springs, Colorado MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Monument, Colorado check out Spec-Loan.com
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 $93,000.00 in 1995, you could multiply by + 21.82%, add the gain and see the home should be worth $113,292.60 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Colorado-Springs-CO from 1995 to 1998:
+ 5.46%
Appreciation Comparisons
The top 5 performing MSAs from 1995 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Bay-City-MI, Jackson-MI, Battle-Creek-MI, and Ogden-Clearfield-UT .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 38.22% from 1995 to the end of 1998
- Bay-City-MI increased + 32.31% from 1995 to the end of 1998
- Jackson-MI increased + 31.57% from 1995 to the end of 1998
- Battle-Creek-MI increased + 30.77% from 1995 to the end of 1998
- Ogden-Clearfield-UT increased + 30.59% from 1995 to the end of 1998
In contrast, the worst 5 MSAs from 1995 to 1998 were Honolulu-HI, Utica-Rome-NY, Madera-CA, Albany-Schenectady-Troy-NY, and Redding-CA .
- Honolulu-HI decreased by - 13.12% between 1995 and 1998
- Utica-Rome-NY only increased + 0.14% between 1995 and 1998
- Madera-CA only increased + 2.89% between 1995 and 1998
- Albany-Schenectady-Troy-NY only increased + 3.63% between 1995 and 1998
- Redding-CA only increased + 4.10% between 1995 and 1998
Zip Code in MSA: 80132 - MONUMENT, CO
MSA Pop: 572264Zip Pop: 13758
Avg Value: 269300
County: EL PASO
Elev: 6008
Region: West
Lat: 39.099353
Long: -104.85034