Real Estate Appreciation for Phoenix Mesa Scottdale, Arizona: + 8.29%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Phoenix Mesa Scottdale, Arizona MSA appreciated + 8.29% (+ 4.14% yearly) between 1993 and the end of 1994.
The state of AZ had + 9.33% total appreciation (+ 4.66% yearly).
The state average for Arizona was higher than the real estate appreciation in the Phoenix Mesa Scottdale, Arizona MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 12.56% faster than this MSA.
Phoenix-Mesa-Scottdale-AZ
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 92.61 | + 1.09% | + 4.37% |
| 1993 | 3 | 93.12 | + 0.55% | + 2.20% |
| 1993 | 4 | 94.4 | + 1.37% | + 5.50% |
| 1994 | 1 | 95.38 | + 1.04% | + 4.15% |
| 1994 | 2 | 96.11 | + 0.77% | + 3.06% |
| 1994 | 3 | 97.49 | + 1.44% | + 5.74% |
| 1994 | 4 | 99.2 | + 1.75% | + 7.02% |
There are a lot of ways to use the appreciation data for Phoenix Mesa Scottdale, Arizona .
Lets look at Apache Junction, Arizona, a city located in Phoenix Mesa Scottdale, Arizona MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Apache Junction, Arizona check out Spec-Loan.com
If you were going to do a Apache Junction, Arizona Refinance, or Apache Junction, Arizona Reverse Mortgages, you could estimate your home value.
If you knew your Apache Junction, Arizona home was worth $87,000.00 in 1993, you could multiply by + 8.29%, add the gain and see the home should be worth $94,208.06 in 1994. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Phoenix-Mesa-Scottdale-AZ from 1993 to 1994:
+ 4.14%
Appreciation Comparisons
The worst 5 MSAs from 1993 to 1994 were Riverside-San-Bernardino-Ontario-CA, Kingston-NY, Binghamton-NY, Utica-Rome-NY, and Sacramento-Arden-Arcade-Roseville-CA .
- Riverside-San-Bernardino-Ontario-CA decreased by - 13.55% between 1993 and 1994
- Kingston-NY decreased by - 12.24% between 1993 and 1994
- Binghamton-NY decreased by - 10.95% between 1993 and 1994
- Utica-Rome-NY decreased by - 8.71% between 1993 and 1994
- Sacramento-Arden-Arcade-Roseville-CA decreased by - 8.42% between 1993 and 1994
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
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 85217 - APACHE JUNCTION, AZ
MSA Pop: 3593408Zip Pop: 0
Avg Value: 0
County: PINAL
Elev: 1490
Region: West
Lat: 33.32836
Long: -111.32702