Real Estate Appreciation for Flagstaff, Arizona, Utah: + 86.83%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Flagstaff, Arizona, Utah MSA appreciated + 86.83% (+ 21.71% yearly) between 2003 and the end of 2006.
The state of AZ had + 81.23% total appreciation (+ 20.31% yearly).
The Flagstaff, Arizona, Utah MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 6.90% faster than the state as a whole.
Flagstaff-AZ-UT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2003 | 2 | 146.22 | + 1.73% | + 6.93% |
| 2003 | 3 | 148.46 | + 1.53% | + 6.13% |
| 2003 | 4 | 155.66 | + 4.85% | + 19.40% |
| 2004 | 1 | 157.38 | + 1.10% | + 4.42% |
| 2004 | 2 | 166.51 | + 5.80% | + 23.20% |
| 2004 | 3 | 177.45 | + 6.57% | + 26.28% |
| 2004 | 4 | 181.74 | + 2.42% | + 9.67% |
| 2005 | 1 | 191.53 | + 5.39% | + 21.55% |
| 2005 | 2 | 204.41 | + 6.72% | + 26.90% |
| 2005 | 3 | 220.63 | + 7.94% | + 31.74% |
| 2005 | 4 | 236.23 | + 7.07% | + 28.28% |
| 2006 | 1 | 249.34 | + 5.55% | + 22.20% |
| 2006 | 2 | 260.38 | + 4.43% | + 17.71% |
| 2006 | 3 | 264.78 | + 1.69% | + 6.76% |
| 2006 | 4 | 268.53 | + 1.42% | + 5.67% |
Some of the ways peope use our appreciation data for Flagstaff, Arizona, Utah include real estate investment .
Lets look at Flagstaff, Arizona, a city located in Flagstaff, Arizona, Utah 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 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 $109,000.00 in 2003, you could multiply by + 86.83%, add the gain and see the home should be worth $203,644.12 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Flagstaff-AZ-UT from 2003 to 2006:
+ 21.71%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 2003 to 2006 were Kokomo-IN, Anderson-IN, Lafayette-IN, Saginaw-Saginaw-Township-North-MI, and Muncie-IN .
- Kokomo-IN only increased + 2.97% between 2003 and 2006
- Anderson-IN only increased + 3.19% between 2003 and 2006
- Lafayette-IN only increased + 5.02% between 2003 and 2006
- Saginaw-Saginaw-Township-North-MI only increased + 5.27% between 2003 and 2006
- Muncie-IN only increased + 6.15% between 2003 and 2006
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
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