Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Pittsfield, Massachusettes did compared to the state as a whole.

The Pittsfield, Massachusettes MSA property value change was + 17.05% (+ 8.52% yearly).

All of the property in MA averaged + 7.37% change in value (+ 3.69% yearly).

Pittsfield-MA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1995 2 104.93 + 4.93% + 19.72%
1995 3 106.91 + 1.89% + 7.55%
1995 4 110.13 + 3.01% + 12.05%
1996 1 110.51 + 0.35% + 1.38%
1996 2 107.44 - 2.78% - 11.11%
1996 3 107.81 + 0.34% + 1.38%
1996 4 117.05 + 8.57% + 34.28%


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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 $91,000.00 in 1995, you could multiply by + 17.05%, add the gain and see the home should be worth $106,515.50 in 1996. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Pittsfield-MA from 1995 to 1996:
+ 8.52%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1995 to 1996 were Honolulu-HI, Cumberland-MD-WV, Utica-Rome-NY, Binghamton-NY, and Madera-CA .

  1. Honolulu-HI decreased by - 7.92% between 1995 and 1996
  2. Cumberland-MD-WV decreased by - 4.44% between 1995 and 1996
  3. Utica-Rome-NY decreased by - 4.03% between 1995 and 1996
  4. Binghamton-NY decreased by - 3.46% between 1995 and 1996
  5. Madera-CA decreased by - 3.21% between 1995 and 1996

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 1029 - EAST OTIS, MA

MSA Pop: 133310
Zip Pop: 572
Avg Value: 139300
County: BERKSHIRE
Elev: 1039
Region: Northeast
Lat: 42.158401
Long: -73.042901