Real Estate Appreciation for Johnstown, Pensylivania: - 2.31%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Johnstown, Pensylivania: - 2.31%
- State of PA: + 1.74%
- Difference: -232.82%
Johnstown-PA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1996 | 2 | 106.01 | - 3.09% | - 12.36% |
| 1996 | 3 | 102.08 | - 3.71% | - 14.83% |
| 1996 | 4 | 100.53 | - 1.52% | - 6.07% |
| 1997 | 1 | 105.22 | + 4.67% | + 18.66% |
| 1997 | 2 | 102.92 | - 2.19% | - 8.74% |
| 1997 | 3 | 106.65 | + 3.62% | + 14.50% |
| 1997 | 4 | 106.86 | + 0.20% | + 0.79% |
Some of the ways peope use our appreciation data for Johnstown, Pensylivania include real estate investment .
Lets look at Northern Cambria, Pensylivania, a city located in Johnstown, Pensylivania 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 Pensylivania check out Spec-Loan.com
If you were going to do a Northern Cambria, Pensylivania Refinance, or Northern Cambria, Pensylivania Reverse Mortgages, you could estimate your home value.
If you knew your Northern Cambria, Pensylivania home was worth $93,000.00 in 1996, you could multiply by - 2.31%, add the gain and see the home should be worth $90,849.07 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Johnstown-PA from 1996 to 1997:
- 1.16%
Appreciation Comparisons
The top 5 performing MSAs from 1996 to 1997 were San-Jose-Sunnyvale-Santa-Clara-CA, Bay-City-MI, Jackson-MI, Monroe-MI, and Muskegon-North-Shores-MI .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 18.65% from 1996 to the end of 1997
- Bay-City-MI increased + 14.57% from 1996 to the end of 1997
- Jackson-MI increased + 14.25% from 1996 to the end of 1997
- Monroe-MI increased + 14.01% from 1996 to the end of 1997
- Muskegon-North-Shores-MI increased + 13.83% from 1996 to the end of 1997
In contrast, the worst 5 MSAs from 1996 to 1997 were Honolulu-HI, Utica-Rome-NY, Lewiston-Auburn-ME, Madera-CA, and Johnstown-PA .
- Honolulu-HI decreased by - 11.37% between 1996 and 1997
- Utica-Rome-NY decreased by - 5.89% between 1996 and 1997
- Lewiston-Auburn-ME decreased by - 2.85% between 1996 and 1997
- Madera-CA decreased by - 2.52% between 1996 and 1997
- Johnstown-PA decreased by - 2.31% between 1996 and 1997
Zip Code in MSA: 15714 - NORTHERN CAMBRIA, PA
MSA Pop: 149453Zip Pop: 6001
Avg Value: 44800
County: CAMBRIA
Elev: 2140
Region: Northeast
Lat: 40.662768
Long: -78.782194