Real Estate Appreciation for Ogden Clearfield, Utah: + 7.50%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Ogden Clearfield, Utah MSA appreciation it was + 7.50% (+ 1.88% yearly) from 2000 to 2003.
During the same time period, UT had + 9.29% (+ 2.32% yearly).
From 2000 to 2003, Utah outperformed the individual Ogden Clearfield, Utah MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Ogden-Clearfield-UT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2000 | 2 | 128.93 | - 0.09% | - 0.34% |
| 2000 | 3 | 130.38 | + 1.12% | + 4.50% |
| 2000 | 4 | 132.32 | + 1.49% | + 5.95% |
| 2001 | 1 | 135.01 | + 2.03% | + 8.13% |
| 2001 | 2 | 135.38 | + 0.27% | + 1.10% |
| 2001 | 3 | 135.54 | + 0.12% | + 0.47% |
| 2001 | 4 | 136.96 | + 1.05% | + 4.19% |
| 2002 | 1 | 136.57 | - 0.28% | - 1.14% |
| 2002 | 2 | 135.65 | - 0.67% | - 2.69% |
| 2002 | 3 | 137.47 | + 1.34% | + 5.37% |
| 2002 | 4 | 138.51 | + 0.76% | + 3.03% |
| 2003 | 1 | 138.65 | + 0.10% | + 0.40% |
| 2003 | 2 | 138.93 | + 0.20% | + 0.81% |
| 2003 | 3 | 139.32 | + 0.28% | + 1.12% |
| 2003 | 4 | 138.72 | - 0.43% | - 1.72% |
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If you were going to do a Bountiful, Utah Refinance, or Bountiful, Utah Reverse Mortgages, you could estimate your home value.
If you knew your Bountiful, Utah home was worth $103,000.00 in 2000, you could multiply by + 7.50%, add the gain and see the home should be worth $110,726.60 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Ogden-Clearfield-UT from 2000 to 2003:
+ 1.88%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
Zip Code in MSA: 84010 - BOUNTIFUL, UT
MSA Pop: 468942Zip Pop: 43685
Avg Value: 172100
County: DAVIS
Elev: 4302
Region: West
Lat: 40.871662
Long: -111.890486