Real Estate Appreciation for Pittsfield, Massachusettes: + 17.24%
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 + 17.24% (+ 2.46% yearly) from 1994 to 2000.
During the same time period, MA had + 54.38% (+ 7.77% yearly).
From 1994 to 2000, 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 OnlyPlease Select One
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Pittsfield, Massachusettes click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Pittsfield, Massachusettes.
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 $94,000.00 in 1994, you could multiply by + 17.24%, add the gain and see the home should be worth $110,208.37 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Pittsfield-MA from 1994 to 2000:
+ 2.46%
Appreciation Comparisons
The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .
- Lafayette-LA lost - 40.40% from 1982 to 1988
- Casper-WY lost - 35.78% from 1983 thru 1989
- Midland-TX lost - 32.81% from 1983 thru 1989
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
The top 5 performing MSAs from 1994 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Denver-Aurora-CO, Boulder-CO, and Fort-Collins-Loveland-CO .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 99.95% from 1994 to the end of 2000
- Santa-Cruz-Watsonville-CA increased + 78.38% from 1994 to the end of 2000
- Denver-Aurora-CO increased + 76.10% from 1994 to the end of 2000
- Boulder-CO increased + 69.24% from 1994 to the end of 2000
- Fort-Collins-Loveland-CO increased + 62.77% from 1994 to the end of 2000
Zip Code in MSA: 1202 - PITTSFIELD, MA
MSA Pop: 133310Zip Pop: 0
Avg Value: 0
County: BERKSHIRE
Elev: 1039
Region: Northeast
Lat: 42.45845
Long: -73.32425