Real Estate Appreciation for Phoenix Mesa Scottdale, Arizona: + 14.49%
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 + 14.49% (+ 4.83% yearly) between 1993 and the end of 1995.
The state of AZ had + 15.75% total appreciation (+ 5.25% 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 + 8.74% 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% |
| 1995 | 1 | 100 | + 0.81% | + 3.23% |
| 1995 | 2 | 101.64 | + 1.64% | + 6.56% |
| 1995 | 3 | 103.86 | + 2.18% | + 8.74% |
| 1995 | 4 | 104.88 | + 0.98% | + 3.93% |
Some of the ways peope use our appreciation data for Phoenix Mesa Scottdale, Arizona include real estate investment .
Lets look at Apache Junction, Arizona, a city located in Phoenix Mesa Scottdale, Arizona MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $88,000.00 in 1993, you could multiply by + 14.49%, add the gain and see the home should be worth $100,747.08 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Phoenix-Mesa-Scottdale-AZ from 1993 to 1995:
+ 4.83%
Appreciation Comparisons
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
The top 5 performing MSAs from 1993 to 1995 were Salt-Lake-City-UT, Provo-Orem-UT, Ogden-Clearfield-UT, Logan-UT-ID, and Fort-Collins-Loveland-CO .
- Salt-Lake-City-UT increased + 44.61% from 1993 to the end of 1995
- Provo-Orem-UT increased + 44.36% from 1993 to the end of 1995
- Ogden-Clearfield-UT increased + 40.83% from 1993 to the end of 1995
- Logan-UT-ID increased + 36.47% from 1993 to the end of 1995
- Fort-Collins-Loveland-CO increased + 35.31% from 1993 to the end of 1995
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