Real Estate Appreciation for Phoenix Mesa Scottdale, Arizona: + 64.30%
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 + 64.30% (+ 7.14% yearly) from 1994 to 2002.
During the same time period, AZ had + 57.90% (+ 6.43% 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
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
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 $96,000.00 in 1994, you could multiply by + 64.30%, add the gain and see the home should be worth $157,728.66 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Phoenix-Mesa-Scottdale-AZ from 1994 to 2002:
+ 7.14%
Appreciation Comparisons
For a 9 year period, the top 5 performing MSAs of all time are Salinas-CA, Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, and San-Diego-Carlsbad-San-Marcos-CA .
- Salinas-CA increased +251.65% from 1997 thru 2005
- Salinas-CA increased +229.40% from 1998 thru 2006
- Springfield-MA increased +229.07% from 1981 thru 1989
- Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
- San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005
Zip Code in MSA: 85219 - APACHE JUNCTION, AZ
MSA Pop: 3593408Zip Pop: 24157
Avg Value: 108400
County: PINAL
Elev: 1490
Region: West
Lat: 33.39926
Long: -111.36425