Real Estate Appreciation for Pittsfield, Massachusettes: + 50.06%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Pittsfield, Massachusettes: + 50.06%
- State of MA: +104.66%
- Difference: - 52.17%
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
Some of the ways peope use our appreciation data for Pittsfield, Massachusettes include real estate investment .
Lets look at Pittsfield, Massachusettes, a city located in Pittsfield, Massachusettes MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Massachusettes check out 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 $99,000.00 in 1996, you could multiply by + 50.06%, add the gain and see the home should be worth $148,558.23 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Pittsfield-MA from 1996 to 2003:
+ 6.26%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1996 to 2003 were Florence-Muscle-Shoals-AL, Fayetteville-NC, Wenatchee-WA, Lawton-OK, and Lewiston-ID-WA .
- Florence-Muscle-Shoals-AL only increased + 13.50% between 1996 and 2003
- Fayetteville-NC only increased + 15.13% between 1996 and 2003
- Wenatchee-WA only increased + 15.24% between 1996 and 2003
- Lawton-OK only increased + 15.33% between 1996 and 2003
- Lewiston-ID-WA only increased + 15.63% between 1996 and 2003
The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .
- Midland-TX lost - 34.76% from 1982 to 1989
- Midland-TX lost - 32.81% from 1983 thru 1990
- Casper-WY lost - 31.76% from 1983 thru 1990
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
Zip Code in MSA: 1203 - PITTSFIELD, MA
MSA Pop: 133310Zip Pop: 0
Avg Value: 0
County: BERKSHIRE
Elev: 1039
Region: Northeast
Lat: 42.4518
Long: -73.260899