Real Estate Appreciation for Kingston, New York: - 12.24%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Kingston, New York MSA appreciated - 12.24% (- 6.12% yearly) between 1993 and the end of 1994.
The state of NY had - 2.50% total appreciation (- 1.25% yearly).
The state average for New York was higher than the real estate appreciation in the Kingston, New York MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated - 79.54% faster than this MSA.
Kingston-NY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 120.57 | + 1.15% | + 4.60% |
| 1993 | 3 | 118.14 | - 2.02% | - 8.06% |
| 1993 | 4 | 118.53 | + 0.33% | + 1.32% |
| 1994 | 1 | 117.4 | - 0.95% | - 3.81% |
| 1994 | 2 | 107.38 | - 8.53% | - 34.14% |
| 1994 | 3 | 109.65 | + 2.11% | + 8.46% |
| 1994 | 4 | 104.61 | - 4.60% | - 18.39% |
Lets look at Kingston, New York, a city located in Kingston, New York MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Kingston, New York Refinance, or Kingston, New York Reverse Mortgages, you could estimate your home value.
If you knew your Kingston, New York home was worth $87,000.00 in 1993, you could multiply by - 12.24%, add the gain and see the home should be worth $76,351.26 in 1994. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Kingston-NY from 1993 to 1994:
- 6.12%
Appreciation Comparisons
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
Zip Code in MSA: 12401 - KINGSTON, NY
MSA Pop: 181111Zip Pop: 35722
Avg Value: 90200
County: ULSTER
Elev: 223
Region: Northeast
Lat: 41.93982
Long: -74.06508