Real Estate Appreciation for Grand Junction, Colorado: - 34.69%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Grand Junction, Colorado MSA appreciated - 34.69% (- 11.56% yearly) between 1983 and the end of 1985.
The state of CO had - 1.09% total appreciation (- 0.36% yearly).
The state average for Colorado was higher than the real estate appreciation in the Grand Junction, Colorado MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated - 96.86% faster than this MSA.
Grand-Junction-CO
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1983 | 2 | 87.03 | + 3.72% | + 14.87% |
| 1983 | 3 | 79.91 | - 8.18% | - 32.72% |
| 1983 | 4 | 76.24 | - 4.59% | - 18.37% |
| 1984 | 1 | 74.31 | - 2.53% | - 10.13% |
| 1984 | 2 | 62.4 | - 16.03% | - 64.11% |
| 1984 | 3 | 63.01 | + 0.98% | + 3.91% |
| 1984 | 4 | 63.89 | + 1.40% | + 5.59% |
| 1985 | 1 | 63.04 | - 1.33% | - 5.32% |
| 1985 | 2 | 53.59 | - 14.99% | - 59.96% |
| 1985 | 3 | 58.36 | + 8.90% | + 35.60% |
| 1985 | 4 | 54.8 | - 6.10% | - 24.40% |
There are a lot of ways to use the appreciation data for Grand Junction, Colorado .
Lets look at Grand Junction, Colorado, a city located in Grand Junction, 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 Grand Junction, Colorado check out Spec-Loan.com
If you were going to do a Grand Junction, Colorado Refinance, or Grand Junction, Colorado Reverse Mortgages, you could estimate your home value.
If you knew your Grand Junction, Colorado home was worth $68,000.00 in 1983, you could multiply by - 34.69%, add the gain and see the home should be worth $44,409.49 in 1985. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Grand-Junction-CO from 1983 to 1985:
- 11.56%
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 1983 to 1985 were Worcester-MA, Manchester-Nashua-NH, Bridgeport-Stamford-Norwalk-CT, Providence-New-Bedford-Fall-River-RI-MA, and Poughkeepsie-Newburgh-Middletown-NY .
- Worcester-MA increased + 73.17% from 1983 to the end of 1985
- Manchester-Nashua-NH increased + 57.98% from 1983 to the end of 1985
- Bridgeport-Stamford-Norwalk-CT increased + 55.63% from 1983 to the end of 1985
- Providence-New-Bedford-Fall-River-RI-MA increased + 52.28% from 1983 to the end of 1985
- Poughkeepsie-Newburgh-Middletown-NY increased + 51.63% from 1983 to the end of 1985
Zip Code in MSA: 81501 - GRAND JUNCTION, CO
MSA Pop: 124676Zip Pop: 20743
Avg Value: 90900
County: MESA
Elev: 4597
Region: West
Lat: 39.08035
Long: -108.5423