Real Estate Appreciation for Phoenix Mesa Scottdale, Arizona: + 75.00%
Appreciation for MSAs:.
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 + 75.00% (+ 25.00% yearly) from 2004 to 2006.
During the same time period, AZ had + 67.97% (+ 22.66% yearly).
You can see that the Phoenix Mesa Scottdale, Arizona MSA experienced higher appreciation in this case.
Phoenix-Mesa-Scottdale-AZ
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2004 | 2 | 175.07 | + 3.31% | + 13.24% |
| 2004 | 3 | 185.58 | + 6.00% | + 24.01% |
| 2004 | 4 | 193.61 | + 4.33% | + 17.31% |
| 2005 | 1 | 206.81 | + 6.82% | + 27.27% |
| 2005 | 2 | 230.67 | + 11.54% | + 46.15% |
| 2005 | 3 | 252.15 | + 9.31% | + 37.25% |
| 2005 | 4 | 272.46 | + 8.05% | + 32.22% |
| 2006 | 1 | 283.84 | + 4.18% | + 16.71% |
| 2006 | 2 | 290.33 | + 2.29% | + 9.15% |
| 2006 | 3 | 294.26 | + 1.35% | + 5.41% |
| 2006 | 4 | 296.56 | + 0.78% | + 3.13% |
There are a lot of ways to use the appreciation data for Phoenix Mesa Scottdale, Arizona .
Lets look at Apache Junction, Arizona, a city located in Phoenix Mesa Scottdale, Arizona MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Apache Junction, 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 $110,000.00 in 2004, you could multiply by + 75.00%, add the gain and see the home should be worth $192,503.25 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Phoenix-Mesa-Scottdale-AZ from 2004 to 2006:
+ 25.00%
Appreciation Comparisons
The top 5 performing MSAs from 2004 to 2006 were Naples-Marco-Island-FL, Bakersfield-CA, Bend-OR, Phoenix-Mesa-Scottdale-AZ, and Visalia-Porterville-CA .
- Naples-Marco-Island-FL increased + 77.60% from 2004 to the end of 2006
- Bakersfield-CA increased + 77.49% from 2004 to the end of 2006
- Bend-OR increased + 75.09% from 2004 to the end of 2006
- Phoenix-Mesa-Scottdale-AZ increased + 75.00% from 2004 to the end of 2006
- Visalia-Porterville-CA increased + 73.18% from 2004 to the end of 2006
Zip Code in MSA: 85217 - APACHE JUNCTION, AZ
MSA Pop: 3593408Zip Pop: 0
Avg Value: 0
County: PINAL
Elev: 1490
Region: West
Lat: 33.32836
Long: -111.32702