Real Estate Appreciation for Phoenix Mesa Scottdale, Arizona: + 25.49%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Phoenix Mesa Scottdale, Arizona MSA appreciated + 25.49% (+ 6.37% yearly) for the period between 1999 and the end of 2002.
The state had + 24.03% total appreciation (+ 6.01% yearly).
The Phoenix Mesa Scottdale, Arizona MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
Phoenix-Mesa-Scottdale-AZ
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2002 | 1 | 150.94 | + 1.36% | + 5.45% |
| 2002 | 2 | 152.73 | + 1.19% | + 4.74% |
| 2002 | 3 | 154.99 | + 1.48% | + 5.92% |
| 2002 | 4 | 156.71 | + 1.11% | + 4.44% |
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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 $101,000.00 in 1999, you could multiply by + 25.49%, add the gain and see the home should be worth $126,743.35 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Phoenix-Mesa-Scottdale-AZ from 1999 to 2002:
+ 6.37%
Appreciation Comparisons
The top 5 performing MSAs from 1999 to 2002 were Barnstable-Town-MA, Napa-CA, Vallejo-Fairfield-CA, San-Luis-Obispo-Paso-Robles-CA, and Salinas-CA .
- Barnstable-Town-MA increased + 77.56% from 1999 to the end of 2002
- Napa-CA increased + 71.93% from 1999 to the end of 2002
- Vallejo-Fairfield-CA increased + 71.68% from 1999 to the end of 2002
- San-Luis-Obispo-Paso-Robles-CA increased + 71.04% from 1999 to the end of 2002
- Salinas-CA increased + 68.96% from 1999 to the end of 2002
In contrast, the worst 5 MSAs from 1999 to 2002 were Ogden-Clearfield-UT, Lewiston-ID-WA, Midland-TX, Coeur-d'Alene-ID, and Lawton-OK .
- Ogden-Clearfield-UT only increased + 5.18% between 1999 and 2002
- Lewiston-ID-WA only increased + 5.52% between 1999 and 2002
- Midland-TX only increased + 6.09% between 1999 and 2002
- Coeur-d'Alene-ID only increased + 6.12% between 1999 and 2002
- Lawton-OK only increased + 6.71% between 1999 and 2002
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