Real Estate Appreciation for Phoenix Mesa Scottdale, Arizona: +200.00%
Appreciation for MSAs:.
Let's start by comparing Phoenix Mesa Scottdale, Arizona to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of +200.00% (+ 14.29% yearly) for the Phoenix Mesa Scottdale, Arizona MSA.
The entire state of AZ had +183.47% appreciation (+ 13.11% yearly).
The Phoenix Mesa Scottdale, Arizona MSA beat out the state. by + 9.01% appreciation.
Phoenix-Mesa-Scottdale-AZ
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Bapchule, Arizona Refinance, or Bapchule, Arizona Reverse Mortgages, you could estimate your home value.
If you knew your Bapchule, Arizona home was worth $97,000.00 in 1992, you could multiply by +200.00%, add the gain and see the home should be worth $291,000.00 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Phoenix-Mesa-Scottdale-AZ from 1992 to 2005:
+ 14.29%
Appreciation Comparisons
The top 5 performing MSAs from 1992 to 2005 were Salinas-CA, Medford-OR, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, Fort-Walton-Beach-Crestview-Destin-FL, and Phoenix-Mesa-Scottdale-AZ .
- Salinas-CA increased +246.60% from 1992 to the end of 2005
- Medford-OR increased +224.65% from 1992 to the end of 2005
- Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +218.48% from 1992 to the end of 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased +202.40% from 1992 to the end of 2005
- Phoenix-Mesa-Scottdale-AZ increased +200.00% from 1992 to the end of 2005
In contrast, the worst 5 MSAs from 1992 to 2005 were Binghamton-NY, Rochester-NY, Elmira-NY, Utica-Rome-NY, and Syracuse-NY .
- Binghamton-NY only increased + 32.37% between 1992 and 2005
- Rochester-NY only increased + 32.70% between 1992 and 2005
- Elmira-NY only increased + 36.26% between 1992 and 2005
- Utica-Rome-NY only increased + 38.12% between 1992 and 2005
- Syracuse-NY only increased + 38.97% between 1992 and 2005
Zip Code in MSA: 85221 - BAPCHULE, AZ
MSA Pop: 3593408Zip Pop: 2304
Avg Value: 33800
County: PINAL
Elev: 1490
Region: West
Lat: 33.136389
Long: -111.8725