Real Estate Appreciation for Pittsfield, Massachusettes: + 0.21%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Pittsfield, Massachusettes MSA appreciation it was + 0.21% (+ 0.10% yearly) from 1994 to 1995.
During the same time period, MA had + 2.80% (+ 1.40% yearly).
From 1994 to 1995, Massachusettes outperformed the individual Pittsfield, Massachusettes MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Pittsfield-MA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1994 | 2 | 111.03 | + 1.03% | + 4.11% |
| 1994 | 3 | 105.16 | - 5.29% | - 21.15% |
| 1994 | 4 | 106.13 | + 0.92% | + 3.69% |
| 1995 | 1 | 100 | - 5.78% | - 23.10% |
| 1995 | 2 | 104.93 | + 4.93% | + 19.72% |
| 1995 | 3 | 106.91 | + 1.89% | + 7.55% |
| 1995 | 4 | 110.13 | + 3.01% | + 12.05% |
If you need information on Hard Money Rehab Loans in East Otis, Massachusettes look at Spec-Loan.com
If you were going to do a East Otis, Massachusettes Refinance, or East Otis, Massachusettes Reverse Mortgages, you could estimate your home value.
If you knew your East Otis, Massachusettes home was worth $89,000.00 in 1994, you could multiply by + 0.21%, add the gain and see the home should be worth $89,186.26 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Pittsfield-MA from 1994 to 1995:
+ 0.10%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1994 to 1995 were Utica-Rome-NY, Binghamton-NY, Riverside-San-Bernardino-Ontario-CA, Kingston-NY, and Ithaca-NY .
- Utica-Rome-NY decreased by - 9.64% between 1994 and 1995
- Binghamton-NY decreased by - 8.46% between 1994 and 1995
- Riverside-San-Bernardino-Ontario-CA decreased by - 8.30% between 1994 and 1995
- Kingston-NY decreased by - 7.85% between 1994 and 1995
- Ithaca-NY decreased by - 7.18% between 1994 and 1995
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 1029 - EAST OTIS, MA
MSA Pop: 133310Zip Pop: 572
Avg Value: 139300
County: BERKSHIRE
Elev: 1039
Region: Northeast
Lat: 42.158401
Long: -73.042901