Real Estate Appreciation for Flagstaff, Arizona, Utah: + 11.74%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Flagstaff, Arizona, Utah did compared to the state as a whole.
The Flagstaff, Arizona, Utah MSA property value change was + 11.74% (+ 2.93% yearly).
All of the property in AZ averaged + 21.41% change in value (+ 5.35% yearly).
Flagstaff-AZ-UT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 111.32 | - 0.86% | - 3.46% |
| 1997 | 3 | 112.06 | + 0.66% | + 2.66% |
| 1997 | 4 | 114.2 | + 1.91% | + 7.64% |
| 1998 | 1 | 115.18 | + 0.86% | + 3.43% |
| 1998 | 2 | 116.49 | + 1.14% | + 4.55% |
| 1998 | 3 | 115.44 | - 0.90% | - 3.61% |
| 1998 | 4 | 117.76 | + 2.01% | + 8.04% |
| 1999 | 1 | 116.47 | - 1.10% | - 4.38% |
| 1999 | 2 | 117.49 | + 0.88% | + 3.50% |
| 1999 | 3 | 117.81 | + 0.27% | + 1.09% |
| 1999 | 4 | 118.64 | + 0.70% | + 2.82% |
| 2000 | 1 | 121.92 | + 2.76% | + 11.06% |
| 2000 | 2 | 122.41 | + 0.40% | + 1.61% |
| 2000 | 3 | 123.01 | + 0.49% | + 1.96% |
| 2000 | 4 | 125.47 | + 2.00% | + 8.00% |
There are a lot of ways to use the appreciation data for Flagstaff, Arizona, Utah .
Lets look at Flagstaff, Arizona, a city located in Flagstaff, Arizona, Utah 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 Flagstaff, Arizona check out Spec-Loan.com
If you were going to do a Flagstaff, Arizona Refinance, or Flagstaff, Arizona Reverse Mortgages, you could estimate your home value.
If you knew your Flagstaff, Arizona home was worth $97,000.00 in 1997, you could multiply by + 11.74%, add the gain and see the home should be worth $108,385.34 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Flagstaff-AZ-UT from 1997 to 2000:
+ 2.93%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
Zip Code in MSA: 86001 - FLAGSTAFF, AZ
MSA Pop: 121301Zip Pop: 34207
Avg Value: 149100
County: COCONINO
Elev: 6894
Region: West
Lat: 35.13996
Long: -111.63408