Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Phoenix Mesa Scottdale, Arizona MSA appreciation it was + 9.96% (+ 4.98% yearly) from 1994 to 1995.

During the same time period, AZ had + 10.31% (+ 5.15% yearly). From 1994 to 1995, Arizona outperformed the individual Phoenix Mesa Scottdale, Arizona MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Phoenix-Mesa-Scottdale-AZ

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%


Lets look at Apache Junction, Arizona, a city located in Phoenix Mesa Scottdale, Arizona MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans 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 $89,000.00 in 1994, you could multiply by + 9.96%, add the gain and see the home should be worth $97,864.54 in 1995. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Phoenix-Mesa-Scottdale-AZ from 1994 to 1995:
+ 4.98%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1994 to 1995 were Utica-Rome-NY, Binghamton-NY, Riverside-San-Bernardino-Ontario-CA, Kingston-NY, and Ithaca-NY .

  1. Utica-Rome-NY decreased by - 9.64% between 1994 and 1995
  2. Binghamton-NY decreased by - 8.46% between 1994 and 1995
  3. Riverside-San-Bernardino-Ontario-CA decreased by - 8.30% between 1994 and 1995
  4. Kingston-NY decreased by - 7.85% between 1994 and 1995
  5. Ithaca-NY decreased by - 7.18% between 1994 and 1995

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 85217 - APACHE JUNCTION, AZ

MSA Pop: 3593408
Zip Pop: 0
Avg Value: 0
County: PINAL
Elev: 1490
Region: West
Lat: 33.32836
Long: -111.32702