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 +104.85% (+ 6.99% yearly) for the Pittsfield, Massachusettes MSA.

The entire state of MA had +156.23% appreciation (+ 10.42% 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 + 49.01%.

Pittsfield-MA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


Lets look at Berkshire, Massachusettes, a city located in Pittsfield, Massachusettes MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com

If you were going to do a Berkshire, Massachusettes Refinance, or Berkshire, Massachusettes Reverse Mortgages, you could estimate your home value.

If you knew your Berkshire, Massachusettes home was worth $98,000.00 in 1992, you could multiply by +104.85%, add the gain and see the home should be worth $200,752.27 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Pittsfield-MA from 1992 to 2006:
+ 6.99%

Appreciation Comparisons

The top 5 performing MSAs from 1992 to 2006 were Bend-OR, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, Salinas-CA, Flagstaff-AZ-UT, and Medford-OR .

  1. Bend-OR increased +248.24% from 1992 to the end of 2006
  2. Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +244.55% from 1992 to the end of 2006
  3. Salinas-CA increased +242.54% from 1992 to the end of 2006
  4. Flagstaff-AZ-UT increased +240.43% from 1992 to the end of 2006
  5. Medford-OR increased +232.88% from 1992 to the end of 2006

Zip Code in MSA: 1224 - BERKSHIRE, MA

MSA Pop: 133310
Zip Pop: 0
Avg Value: 0
County: BERKSHIRE
Elev: 1039
Region: Northeast
Lat: 42.48925
Long: -73.19335