Real Estate Appreciation for Phoenix Mesa Scottdale, Arizona: +210.92%
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 +210.92% (+ 16.22% yearly) from 1994 to 2006.
During the same time period, AZ had +189.64% (+ 14.59% 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
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 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 $100,000.00 in 1994, you could multiply by +210.92%, add the gain and see the home should be worth $310,924.72 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Phoenix-Mesa-Scottdale-AZ from 1994 to 2006:
+ 16.22%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 2006 were Salinas-CA, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, San-Jose-Sunnyvale-Santa-Clara-CA, Bend-OR, and Phoenix-Mesa-Scottdale-AZ .
- Salinas-CA increased +248.87% from 1994 to the end of 2006
- Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +228.05% from 1994 to the end of 2006
- San-Jose-Sunnyvale-Santa-Clara-CA increased +216.45% from 1994 to the end of 2006
- Bend-OR increased +211.83% from 1994 to the end of 2006
- Phoenix-Mesa-Scottdale-AZ increased +210.92% from 1994 to the end of 2006
For a 13 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, San-Jose-Sunnyvale-Santa-Clara-CA, Oxnard-Thousand-Oaks-Ventura-CA, Honolulu-HI, and Santa-Rosa-Petaluma-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +365.89% from 1977 thru 1989
- San-Jose-Sunnyvale-Santa-Clara-CA increased +354.74% from 1976 thru 1988
- Oxnard-Thousand-Oaks-Ventura-CA increased +346.24% from 1977 thru 1989
- Honolulu-HI increased +322.63% from 1978 thru 1990
- Santa-Rosa-Petaluma-CA increased +285.59% from 1977 thru 1989
Zip Code in MSA: 85220 - APACHE JUNCTION, AZ
MSA Pop: 3593408Zip Pop: 32615
Avg Value: 72600
County: PINAL
Elev: 1490
Region: West
Lat: 33.423523
Long: -111.562742