Real Estate Appreciation for Phoenix Mesa Scottdale, Arizona: + 56.12%
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 + 56.12% (+ 7.02% yearly) from 1994 to 2001.
During the same time period, AZ had + 49.15% (+ 6.14% yearly).
You can see that the Phoenix Mesa Scottdale, Arizona MSA experienced higher appreciation in this case.
Phoenix-Mesa-Scottdale-AZ
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Phoenix-Mesa-Scottdale-AZ here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Arizona, you can do some research 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 $95,000.00 in 1994, you could multiply by + 56.12%, add the gain and see the home should be worth $148,316.73 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Phoenix-Mesa-Scottdale-AZ from 1994 to 2001:
+ 7.02%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 2001 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Denver-Aurora-CO, Barnstable-Town-MA, and Boulder-CO .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +101.92% from 1994 to the end of 2001
- Santa-Cruz-Watsonville-CA increased + 90.40% from 1994 to the end of 2001
- Denver-Aurora-CO increased + 90.13% from 1994 to the end of 2001
- Barnstable-Town-MA increased + 84.94% from 1994 to the end of 2001
- Boulder-CO increased + 84.59% from 1994 to the end of 2001
For a 8 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, Salinas-CA, and Naples-Marco-Island-FL .
- Salinas-CA increased +233.30% from 1998 thru 2005
- Springfield-MA increased +225.43% from 1981 thru 1988
- Naples-Marco-Island-FL increased +209.59% from 1999 thru 2006
- Salinas-CA increased +204.52% from 1999 thru 2006
- Naples-Marco-Island-FL increased +202.95% from 1998 thru 2005
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