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 + 4.24% (+ 0.85% yearly) from 1994 to 1998.

During the same time period, MA had + 20.38% (+ 4.08% yearly). From 1994 to 1998, 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

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1995-1998 Quarterly Detailed Appreciation


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Pittsfield-MA here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Massachusettes, you can do some research at Spec-Loan.com.

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 $92,000.00 in 1994, you could multiply by + 4.24%, add the gain and see the home should be worth $95,901.00 in 1998. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Pittsfield-MA from 1994 to 1998:
+ 0.85%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1994 to 1998 were Honolulu-HI, Utica-Rome-NY, Glens-Falls-NY, Albany-Schenectady-Troy-NY, and Binghamton-NY .

  1. Honolulu-HI decreased by - 14.77% between 1994 and 1998
  2. Utica-Rome-NY decreased by - 6.47% between 1994 and 1998
  3. Glens-Falls-NY decreased by - 4.86% between 1994 and 1998
  4. Albany-Schenectady-Troy-NY decreased by - 3.61% between 1994 and 1998
  5. Binghamton-NY decreased by - 3.36% between 1994 and 1998

The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .

  1. Casper-WY lost - 42.34% from 1983 to 1987
  2. Lafayette-LA lost - 39.59% from 1983 thru 1987
  3. Lafayette-LA lost - 37.20% from 1984 thru 1988
  4. Grand-Junction-CO lost - 30.66% from 1982 thru 1986
  5. Anchorage-AK lost - 30.21% from 1985 thru 1989

Zip Code in MSA: 1201 - PITTSFIELD, MA

MSA Pop: 133310
Zip Pop: 47623
Avg Value: 99000
County: BERKSHIRE
Elev: 1039
Region: Northeast
Lat: 42.454566
Long: -73.250133