Real Estate Appreciation for Phoenix Mesa Scottdale, Arizona: + 10.81%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Phoenix Mesa Scottdale, Arizona: + 10.81%
- State of AZ: + 8.46%
- Difference: + 27.83%
Phoenix-Mesa-Scottdale-AZ
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 119.61 | + 1.24% | + 4.94% |
| 1998 | 3 | 121.29 | + 1.40% | + 5.62% |
| 1998 | 4 | 123.04 | + 1.44% | + 5.77% |
| 1999 | 1 | 124.88 | + 1.50% | + 5.98% |
| 1999 | 2 | 127.1 | + 1.78% | + 7.11% |
| 1999 | 3 | 129.43 | + 1.83% | + 7.33% |
| 1999 | 4 | 130.92 | + 1.15% | + 4.60% |
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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 $97,000.00 in 1998, you could multiply by + 10.81%, add the gain and see the home should be worth $107,484.05 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Phoenix-Mesa-Scottdale-AZ from 1998 to 1999:
+ 5.40%
Appreciation Comparisons
The top 5 performing MSAs from 1998 to 1999 were Santa-Cruz-Watsonville-CA, San-Jose-Sunnyvale-Santa-Clara-CA, Barnstable-Town-MA, Santa-Rosa-Petaluma-CA, and Napa-CA .
- Santa-Cruz-Watsonville-CA increased + 28.19% from 1998 to the end of 1999
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 24.40% from 1998 to the end of 1999
- Barnstable-Town-MA increased + 24.28% from 1998 to the end of 1999
- Santa-Rosa-Petaluma-CA increased + 22.92% from 1998 to the end of 1999
- Napa-CA increased + 20.67% from 1998 to the end of 1999
Zip Code in MSA: 85217 - APACHE JUNCTION, AZ
MSA Pop: 3593408Zip Pop: 0
Avg Value: 0
County: PINAL
Elev: 1490
Region: West
Lat: 33.32836
Long: -111.32702