Real Estate Appreciation for Phoenix Mesa Scottdale, Arizona: + 23.04%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Phoenix Mesa Scottdale, Arizona did compared to the state as a whole.
The Phoenix Mesa Scottdale, Arizona MSA property value change was + 23.04% (+ 5.76% yearly).
All of the property in AZ averaged + 19.93% change in value (+ 4.98% yearly).
Phoenix-Mesa-Scottdale-AZ
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1998 | 1 | 118.15 | + 1.36% | + 5.46% |
| 1998 | 2 | 119.61 | + 1.24% | + 4.94% |
| 1998 | 3 | 121.29 | + 1.40% | + 5.62% |
| 1998 | 4 | 123.04 | + 1.44% | + 5.77% |
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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 $93,000.00 in 1995, you could multiply by + 23.04%, add the gain and see the home should be worth $114,427.20 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Phoenix-Mesa-Scottdale-AZ from 1995 to 1998:
+ 5.76%
Appreciation Comparisons
The top 5 performing MSAs from 1995 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Bay-City-MI, Jackson-MI, Battle-Creek-MI, and Ogden-Clearfield-UT .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 38.22% from 1995 to the end of 1998
- Bay-City-MI increased + 32.31% from 1995 to the end of 1998
- Jackson-MI increased + 31.57% from 1995 to the end of 1998
- Battle-Creek-MI increased + 30.77% from 1995 to the end of 1998
- Ogden-Clearfield-UT increased + 30.59% from 1995 to the end of 1998
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
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