Real Estate Appreciation for Pittsburgh, Pensylivania: + 22.53%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Pittsburgh, Pensylivania: + 22.53%
- State of PA: + 48.29%
- Difference: - 53.36%
Pittsburgh-PA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1986 | 2 | 67.49 | + 1.83% | + 7.30% |
| 1986 | 3 | 67.84 | + 0.52% | + 2.07% |
| 1986 | 4 | 68.28 | + 0.65% | + 2.59% |
| 1987 | 1 | 69.56 | + 1.87% | + 7.50% |
| 1987 | 2 | 71.47 | + 2.75% | + 10.98% |
| 1987 | 3 | 72.85 | + 1.93% | + 7.72% |
| 1987 | 4 | 73 | + 0.21% | + 0.82% |
| 1988 | 1 | 73.11 | + 0.15% | + 0.60% |
| 1988 | 2 | 74.25 | + 1.56% | + 6.24% |
| 1988 | 3 | 76.71 | + 3.31% | + 13.25% |
| 1988 | 4 | 76.31 | - 0.52% | - 2.09% |
| 1989 | 1 | 77.67 | + 1.78% | + 7.13% |
| 1989 | 2 | 80.13 | + 3.17% | + 12.67% |
| 1989 | 3 | 80.43 | + 0.37% | + 1.50% |
| 1989 | 4 | 81.21 | + 0.97% | + 3.88% |
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
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 $75,000.00 in 1986, you could multiply by + 22.53%, add the gain and see the home should be worth $91,894.24 in 1989. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Pittsburgh-PA from 1986 to 1989:
+ 5.63%
Appreciation Comparisons
The top 5 performing MSAs from 1986 to 1989 were San-Jose-Sunnyvale-Santa-Clara-CA, Oxnard-Thousand-Oaks-Ventura-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, and Honolulu-HI .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 84.41% from 1986 to the end of 1989
- Oxnard-Thousand-Oaks-Ventura-CA increased + 81.28% from 1986 to the end of 1989
- Santa-Cruz-Watsonville-CA increased + 80.63% from 1986 to the end of 1989
- Santa-Rosa-Petaluma-CA increased + 71.01% from 1986 to the end of 1989
- Honolulu-HI increased + 70.40% from 1986 to the end of 1989
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