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 Colorado Springs, Colorado MSA appreciated + 20.26% (+ 6.75% yearly) for the period between 1999 and the end of 2001.

The state had + 29.94% total appreciation (+ 9.98% yearly). The state average for Colorado was higher than the real estate appreciation in the Colorado Springs, Colorado 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 + 47.80% faster than this MSA.

Colorado-Springs-CO

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1999 2 123.86 + 0.73% + 2.93%
1999 3 125.22 + 1.10% + 4.39%
1999 4 126.8 + 1.26% + 5.05%
2000 1 130.59 + 2.99% + 11.96%
2000 2 131.45 + 0.66% + 2.63%
2000 3 133.83 + 1.81% + 7.24%
2000 4 136.08 + 1.68% + 6.72%
2001 1 140.61 + 3.33% + 13.32%
2001 2 143.16 + 1.81% + 7.25%
2001 3 146.22 + 2.14% + 8.55%
2001 4 147.87 + 1.13% + 4.51%


If you need information on Hard Money Rehab Loans in Elbert, Colorado look at 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 $100,000.00 in 1999, you could multiply by + 20.26%, add the gain and see the home should be worth $120,258.62 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Colorado-Springs-CO from 1999 to 2001:
+ 6.75%

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 .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

The top 5 performing MSAs from 1999 to 2001 were Salinas-CA, Santa-Rosa-Petaluma-CA, Vallejo-Fairfield-CA, Barnstable-Town-MA, and Santa-Cruz-Watsonville-CA .

  1. Salinas-CA increased + 55.48% from 1999 to the end of 2001
  2. Santa-Rosa-Petaluma-CA increased + 53.43% from 1999 to the end of 2001
  3. Vallejo-Fairfield-CA increased + 52.75% from 1999 to the end of 2001
  4. Barnstable-Town-MA increased + 51.91% from 1999 to the end of 2001
  5. Santa-Cruz-Watsonville-CA increased + 51.50% from 1999 to the end of 2001

Zip Code in MSA: 80106 - ELBERT, CO

MSA Pop: 572264
Zip Pop: 3415
Avg Value: 226800
County: EL PASO
Elev: 6008
Region: West
Lat: 39.058549
Long: -104.593857