Real Estate Appreciation for Phoenix Mesa Scottdale, Arizona: + 26.03%
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: + 26.03%
- State of AZ: + 22.69%
- Difference: + 14.76%
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% |
| 2000 | 1 | 134.31 | + 2.59% | + 10.36% |
| 2000 | 2 | 135.8 | + 1.11% | + 4.44% |
| 2000 | 3 | 137.61 | + 1.33% | + 5.33% |
| 2000 | 4 | 140.09 | + 1.80% | + 7.21% |
| 2001 | 1 | 143.14 | + 2.18% | + 8.71% |
| 2001 | 2 | 145.4 | + 1.58% | + 6.32% |
| 2001 | 3 | 147.71 | + 1.59% | + 6.35% |
| 2001 | 4 | 148.91 | + 0.81% | + 3.25% |
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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 $99,000.00 in 1998, you could multiply by + 26.03%, add the gain and see the home should be worth $124,774.35 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Phoenix-Mesa-Scottdale-AZ from 1998 to 2001:
+ 6.51%
Appreciation Comparisons
The top 5 performing MSAs from 1998 to 2001 were Santa-Cruz-Watsonville-CA, Salinas-CA, Santa-Rosa-Petaluma-CA, Barnstable-Town-MA, and Napa-CA .
- Santa-Cruz-Watsonville-CA increased + 68.73% from 1998 to the end of 2001
- Salinas-CA increased + 68.18% from 1998 to the end of 2001
- Santa-Rosa-Petaluma-CA increased + 67.23% from 1998 to the end of 2001
- Barnstable-Town-MA increased + 65.19% from 1998 to the end of 2001
- Napa-CA increased + 63.43% from 1998 to the end of 2001
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