Real Estate Appreciation for Phoenix Mesa Scottdale, Arizona: + 93.61%
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 + 93.61% (+ 9.36% yearly).
All of the property in AZ averaged + 87.61% change in value (+ 8.76% yearly).
Phoenix-Mesa-Scottdale-AZ
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 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 $99,000.00 in 1995, you could multiply by + 93.61%, add the gain and see the home should be worth $191,673.90 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Phoenix-Mesa-Scottdale-AZ from 1995 to 2004:
+ 9.36%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Midland-TX lost - 22.05% from 1984 thru 1993
- Lafayette-LA lost - 21.25% from 1983 thru 1992
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