Real Estate Appreciation for Pittsburgh, Pensylivania: + 19.12%
Appreciation for MSAs:.
Let's start by comparing Pittsburgh, Pensylivania 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 + 19.12% (+ 4.78% yearly) for the Pittsburgh, Pensylivania MSA.
The entire state of PA had + 21.27% appreciation (+ 5.32% yearly).
The state average for Pensylivania was higher than the real estate appreciation in the Pittsburgh, Pensylivania MSA. This means the conditions in the MSA for real estate investment were worse by + 11.29%.
Pittsburgh-PA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1984 | 1 | 62.92 | + 0.29% | + 1.15% |
| 1984 | 2 | 63.72 | + 1.27% | + 5.09% |
| 1984 | 3 | 63.36 | - 0.56% | - 2.26% |
| 1984 | 4 | 63.61 | + 0.39% | + 1.58% |
| 1985 | 1 | 63.6 | - 0.02% | - 0.06% |
| 1985 | 2 | 64.15 | + 0.86% | + 3.46% |
| 1985 | 3 | 65.21 | + 1.65% | + 6.61% |
| 1985 | 4 | 65.24 | + 0.05% | + 0.18% |
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 $67,000.00 in 1982, you could multiply by + 19.12%, add the gain and see the home should be worth $79,807.92 in 1985. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Pittsburgh-PA from 1982 to 1985:
+ 4.78%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
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
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