Real Estate Appreciation for Pittsfield, Massachusettes: + 6.87%
Appreciation for MSAs:.
Let's start by comparing Pittsfield, Massachusettes 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 + 6.87% (+ 0.86% yearly) for the Pittsfield, Massachusettes MSA.
The entire state of MA had + 35.86% appreciation (+ 4.48% yearly).
The state average for Massachusettes was higher than the real estate appreciation in the Pittsfield, Massachusettes MSA. This means the conditions in the MSA for real estate investment were worse by +422.41%.
Pittsfield-MA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
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 Pittsfield, Massachusettes Refinance, or Pittsfield, Massachusettes Reverse Mortgages, you could estimate your home value.
If you knew your Pittsfield, Massachusettes home was worth $91,000.00 in 1992, you could multiply by + 6.87%, add the gain and see the home should be worth $97,247.37 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Pittsfield-MA from 1992 to 1999:
+ 0.86%
Appreciation Comparisons
The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .
- Midland-TX lost - 34.76% from 1982 to 1989
- Midland-TX lost - 32.81% from 1983 thru 1990
- Casper-WY lost - 31.76% from 1983 thru 1990
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
The top 5 performing MSAs from 1992 to 1999 were Boulder-CO, Salt-Lake-City-UT, Denver-Aurora-CO, Provo-Orem-UT, and Fort-Collins-Loveland-CO .
- Boulder-CO increased + 92.82% from 1992 to the end of 1999
- Salt-Lake-City-UT increased + 87.16% from 1992 to the end of 1999
- Denver-Aurora-CO increased + 83.28% from 1992 to the end of 1999
- Provo-Orem-UT increased + 82.08% from 1992 to the end of 1999
- Fort-Collins-Loveland-CO increased + 81.56% from 1992 to the end of 1999
Zip Code in MSA: 1203 - PITTSFIELD, MA
MSA Pop: 133310Zip Pop: 0
Avg Value: 0
County: BERKSHIRE
Elev: 1039
Region: Northeast
Lat: 42.4518
Long: -73.260899