Real Estate Appreciation for Pittsfield, Massachusettes: + 50.89%
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 + 50.89% (+ 5.09% yearly) from 1994 to 2003.
During the same time period, MA had +113.00% (+ 11.30% yearly).
From 1994 to 2003, 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
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
Lets look at Ashley Falls, 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 Ashley Falls, Massachusettes Refinance, or Ashley Falls, Massachusettes Reverse Mortgages, you could estimate your home value.
If you knew your Ashley Falls, Massachusettes home was worth $97,000.00 in 1994, you could multiply by + 50.89%, add the gain and see the home should be worth $146,364.97 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Pittsfield-MA from 1994 to 2003:
+ 5.09%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 2003 were Barnstable-Town-MA, Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Napa-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Barnstable-Town-MA increased +146.29% from 1994 to the end of 2003
- Salinas-CA increased +119.32% from 1994 to the end of 2003
- San-Diego-Carlsbad-San-Marcos-CA increased +119.20% from 1994 to the end of 2003
- Napa-CA increased +117.57% from 1994 to the end of 2003
- San-Jose-Sunnyvale-Santa-Clara-CA increased +116.73% from 1994 to the end of 2003
In contrast, the worst 5 MSAs from 1994 to 2003 were Honolulu-HI, Binghamton-NY, Elmira-NY, Rochester-NY, and Buffalo-Niagara-Falls-NY .
- Honolulu-HI only increased + 13.60% between 1994 and 2003
- Binghamton-NY only increased + 15.15% between 1994 and 2003
- Elmira-NY only increased + 18.18% between 1994 and 2003
- Rochester-NY only increased + 18.55% between 1994 and 2003
- Buffalo-Niagara-Falls-NY only increased + 19.11% between 1994 and 2003
Zip Code in MSA: 1222 - ASHLEY FALLS, MA
MSA Pop: 133310Zip Pop: 853
Avg Value: 132500
County: BERKSHIRE
Elev: 1039
Region: Northeast
Lat: 42.057566
Long: -73.316375