Real Estate Appreciation for Odessa, Texas: + 10.44%
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.
- Odessa, Texas: + 10.44%
- State of TX: + 4.52%
- Difference: +131.05%
Odessa-TX
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1988 | 2 | 93.46 | + 10.87% | + 43.46% |
| 1988 | 3 | 92.74 | - 0.77% | - 3.08% |
| 1988 | 4 | 90.26 | - 2.67% | - 10.70% |
| 1989 | 1 | 84.04 | - 6.89% | - 27.56% |
| 1989 | 2 | 86.04 | + 2.38% | + 9.52% |
| 1989 | 3 | 91.04 | + 5.81% | + 23.25% |
| 1989 | 4 | 88.12 | - 3.21% | - 12.83% |
| 1990 | 1 | 80.47 | - 8.68% | - 34.73% |
| 1990 | 2 | 88.29 | + 9.72% | + 38.87% |
| 1990 | 3 | 85.45 | - 3.22% | - 12.87% |
| 1990 | 4 | 88.6 | + 3.69% | + 14.75% |
| 1991 | 1 | 87 | - 1.81% | - 7.22% |
| 1991 | 2 | 87.92 | + 1.06% | + 4.23% |
| 1991 | 3 | 87.54 | - 0.43% | - 1.73% |
| 1991 | 4 | 93.1 | + 6.35% | + 25.41% |
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If you were going to do a Notrees, Texas Refinance, or Notrees, Texas Reverse Mortgages, you could estimate your home value.
If you knew your Notrees, Texas home was worth $79,000.00 in 1988, you could multiply by + 10.44%, add the gain and see the home should be worth $87,246.74 in 1991. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Odessa-TX from 1988 to 1991:
+ 2.61%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1988 to 1991 were Manchester-Nashua-NH, Barnstable-Town-MA, Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, and Tyler-TX .
- Manchester-Nashua-NH decreased by - 16.50% between 1988 and 1991
- Barnstable-Town-MA decreased by - 14.42% between 1988 and 1991
- Bridgeport-Stamford-Norwalk-CT decreased by - 12.55% between 1988 and 1991
- New-Haven-Milford-CT decreased by - 10.66% between 1988 and 1991
- Tyler-TX decreased by - 9.38% between 1988 and 1991
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: 79759 - NOTREES, TX
MSA Pop: 122692Zip Pop: 20
Avg Value: 9999
County: ECTOR
Elev: 2890
Region: South
Lat: 31.917222
Long: -102.755278