Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Phoenix Mesa Scottdale, Arizona MSA appreciation it was + 16.68% (+ 5.56% yearly) from 2000 to 2002.

During the same time period, AZ had + 17.14% (+ 5.71% yearly). From 2000 to 2002, Arizona outperformed the individual Phoenix Mesa Scottdale, Arizona MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Phoenix-Mesa-Scottdale-AZ

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%


If you need information on Hard Money Rehab Loans in Apache Junction, Arizona look at 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 $102,000.00 in 2000, you could multiply by + 16.68%, add the gain and see the home should be worth $119,011.39 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Phoenix-Mesa-Scottdale-AZ from 2000 to 2002:
+ 5.56%

Appreciation Comparisons

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

The top 5 performing MSAs from 2000 to 2002 were Barnstable-Town-MA, San-Luis-Obispo-Paso-Robles-CA, Modesto-CA, Vallejo-Fairfield-CA, and Napa-CA .

  1. Barnstable-Town-MA increased + 49.98% from 2000 to the end of 2002
  2. San-Luis-Obispo-Paso-Robles-CA increased + 47.67% from 2000 to the end of 2002
  3. Modesto-CA increased + 47.60% from 2000 to the end of 2002
  4. Vallejo-Fairfield-CA increased + 46.66% from 2000 to the end of 2002
  5. Napa-CA increased + 45.33% from 2000 to the end of 2002

Zip Code in MSA: 85217 - APACHE JUNCTION, AZ

MSA Pop: 3593408
Zip Pop: 0
Avg Value: 0
County: PINAL
Elev: 1490
Region: West
Lat: 33.32836
Long: -111.32702