Real Estate Appreciation for Pittsburgh, Pensylivania: + 4.50%
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 Pittsburgh, Pensylivania MSA appreciation it was + 4.50% (+ 1.12% yearly) from 1980 to 1983.
During the same time period, PA had + 15.33% (+ 3.83% yearly).
From 1980 to 1983, Pensylivania outperformed the individual Pittsburgh, Pensylivania MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Pittsburgh-PA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1980 | 2 | 58.38 | - 2.76% | - 11.06% |
| 1980 | 3 | 59.85 | + 2.52% | + 10.07% |
| 1980 | 4 | 57.73 | - 3.54% | - 14.17% |
| 1981 | 1 | 56.31 | - 2.46% | - 9.84% |
| 1981 | 2 | 58.6 | + 4.07% | + 16.27% |
| 1981 | 3 | 58.64 | + 0.07% | + 0.27% |
| 1981 | 4 | 54.75 | - 6.63% | - 26.53% |
| 1982 | 1 | 54.77 | + 0.04% | + 0.15% |
| 1982 | 2 | 58.75 | + 7.27% | + 29.07% |
| 1982 | 3 | 60.72 | + 3.35% | + 13.41% |
| 1982 | 4 | 58.58 | - 3.52% | - 14.10% |
| 1983 | 1 | 60.66 | + 3.55% | + 14.20% |
| 1983 | 2 | 61.83 | + 1.93% | + 7.72% |
| 1983 | 3 | 62.54 | + 1.15% | + 4.59% |
| 1983 | 4 | 62.74 | + 0.32% | + 1.28% |
Some of the ways peope use our appreciation data for Pittsburgh, Pensylivania include real estate investment .
Lets look at Aliquippa, Pensylivania, a city located in Pittsburgh, Pensylivania 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 Pensylivania check out Spec-Loan.com
If you were going to do a Aliquippa, Pensylivania Refinance, or Aliquippa, Pensylivania Reverse Mortgages, you could estimate your home value.
If you knew your Aliquippa, Pensylivania home was worth $63,000.00 in 1980, you could multiply by + 4.50%, add the gain and see the home should be worth $65,833.11 in 1983. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Pittsburgh-PA from 1980 to 1983:
+ 1.12%
Appreciation Comparisons
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
The top 5 performing MSAs from 1980 to 1983 were Lexington-Fayette-KY, Worcester-MA, Austin-Round-Rock-TX, Jacksonville-FL, and Rochester-NY .
- Lexington-Fayette-KY increased + 44.83% from 1980 to the end of 1983
- Worcester-MA increased + 43.13% from 1980 to the end of 1983
- Austin-Round-Rock-TX increased + 38.79% from 1980 to the end of 1983
- Jacksonville-FL increased + 36.33% from 1980 to the end of 1983
- Rochester-NY increased + 36.31% from 1980 to the end of 1983
Zip Code in MSA: 15001 - ALIQUIPPA, PA
MSA Pop: 2410330Zip Pop: 34619
Avg Value: 85000
County: BEAVER
Elev: 710
Region: Northeast
Lat: 40.605739
Long: -80.28417