Appreciation for MSAs:.

Let's start by comparing Phoenix Mesa Scottdale, Arizona to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.

We have appreciattion of + 10.53% (+ 5.27% yearly) for the Phoenix Mesa Scottdale, Arizona MSA.

The entire state of AZ had + 12.10% appreciation (+ 6.05% yearly). The state average for Arizona was higher than the real estate appreciation in the Phoenix Mesa Scottdale, Arizona MSA. This means the conditions in the MSA for real estate investment were worse by + 14.90%.

Phoenix-Mesa-Scottdale-AZ

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2002 2 152.73 + 1.19% + 4.74%
2002 3 154.99 + 1.48% + 5.92%
2002 4 156.71 + 1.11% + 4.44%
2003 1 158.43 + 1.10% + 4.39%
2003 2 159.92 + 0.94% + 3.76%
2003 3 161.75 + 1.14% + 4.58%
2003 4 166.84 + 3.15% + 12.59%


If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Apache Junction, Arizona click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Phoenix Mesa Scottdale, Arizona.

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 $105,000.00 in 2002, you could multiply by + 10.53%, add the gain and see the home should be worth $116,060.69 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Phoenix-Mesa-Scottdale-AZ from 2002 to 2003:
+ 5.27%

Appreciation Comparisons

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

The top 5 performing MSAs from 2002 to 2003 were Fresno-CA, Yuba-City-CA, Chico-CA, Madera-CA, and Redding-CA .

  1. Fresno-CA increased + 36.89% from 2002 to the end of 2003
  2. Yuba-City-CA increased + 35.43% from 2002 to the end of 2003
  3. Chico-CA increased + 35.05% from 2002 to the end of 2003
  4. Madera-CA increased + 34.32% from 2002 to the end of 2003
  5. Redding-CA increased + 34.01% from 2002 to the end of 2003

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