Real Estate Appreciation for Phoenix Mesa Scottdale, Arizona: + 15.63%
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 + 15.63% (+ 5.21% yearly) from 1994 to 1996.
During the same time period, AZ had + 14.45% (+ 4.82% yearly).
You can see that the Phoenix Mesa Scottdale, Arizona MSA experienced higher appreciation in this case.
Phoenix-Mesa-Scottdale-AZ
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1996 | 1 | 107.08 | + 2.10% | + 8.39% |
| 1996 | 2 | 107.49 | + 0.38% | + 1.53% |
| 1996 | 3 | 108.86 | + 1.27% | + 5.10% |
| 1996 | 4 | 110.29 | + 1.31% | + 5.25% |
If you want to learn more about fixing up and flipping property and Hard Money Rehab 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 $90,000.00 in 1994, you could multiply by + 15.63%, add the gain and see the home should be worth $104,068.99 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Phoenix-Mesa-Scottdale-AZ from 1994 to 1996:
+ 5.21%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
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