Real Estate Appreciation for Phoenix Mesa Scottdale, Arizona: + 22.21%
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 + 22.21% (+ 5.55% yearly) from 1994 to 1997.
During the same time period, AZ had + 20.11% (+ 5.03% 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% |
| 1997 | 1 | 111.55 | + 1.14% | + 4.57% |
| 1997 | 2 | 112.61 | + 0.95% | + 3.80% |
| 1997 | 3 | 114.66 | + 1.82% | + 7.28% |
| 1997 | 4 | 116.56 | + 1.66% | + 6.63% |
If you need information on Hard Money Rehab Loans in Apache Junction, Arizona look at 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 $91,000.00 in 1994, you could multiply by + 22.21%, add the gain and see the home should be worth $111,207.38 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Phoenix-Mesa-Scottdale-AZ from 1994 to 1997:
+ 5.55%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
Zip Code in MSA: 85218 - APACHE JUNCTION, AZ
MSA Pop: 3593408Zip Pop: 0
Avg Value: 0
County: PINAL
Elev: 1490
Region: West
Lat: 33.39926
Long: -111.36425