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 + 28.27% (+ 9.42% yearly) for the Phoenix Mesa Scottdale, Arizona MSA.

The entire state of AZ had + 30.22% appreciation (+ 10.07% 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 + 6.89%.

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%
2004 1 169.46 + 1.57% + 6.28%
2004 2 175.07 + 3.31% + 13.24%
2004 3 185.58 + 6.00% + 24.01%
2004 4 193.61 + 4.33% + 17.31%


Some of the ways peope use our appreciation data for Phoenix Mesa Scottdale, Arizona include real estate investment .

Lets look at Apache Junction, Arizona, a city located in Phoenix Mesa Scottdale, Arizona MSA.

Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Arizona check out 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 $106,000.00 in 2002, you could multiply by + 28.27%, add the gain and see the home should be worth $135,965.68 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Phoenix-Mesa-Scottdale-AZ from 2002 to 2004:
+ 9.42%

Appreciation Comparisons

The top 5 performing MSAs from 2002 to 2004 were Riverside-San-Bernardino-Ontario-CA, Fresno-CA, Madera-CA, Yuba-City-CA, and Bakersfield-CA .

  1. Riverside-San-Bernardino-Ontario-CA increased + 73.90% from 2002 to the end of 2004
  2. Fresno-CA increased + 73.13% from 2002 to the end of 2004
  3. Madera-CA increased + 71.44% from 2002 to the end of 2004
  4. Yuba-City-CA increased + 68.71% from 2002 to the end of 2004
  5. Bakersfield-CA increased + 67.56% from 2002 to the end of 2004

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

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