Real Estate Appreciation for Pittsfield, Massachusettes: + 79.94%
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 + 79.94% (+ 8.88% yearly).
All of the property in MA averaged +139.18% change in value (+ 15.46% yearly).
Pittsfield-MA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Adams, Massachusettes Refinance, or Adams, Massachusettes Reverse Mortgages, you could estimate your home value.
If you knew your Adams, Massachusettes home was worth $102,000.00 in 1997, you could multiply by + 79.94%, add the gain and see the home should be worth $183,534.51 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Pittsfield-MA from 1997 to 2005:
+ 8.88%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1997 to 2005 were Lafayette-IN, Springfield-IL, Columbus-IN, Jonesboro-AR, and Ogden-Clearfield-UT .
- Lafayette-IN only increased + 22.26% between 1997 and 2005
- Springfield-IL only increased + 23.03% between 1997 and 2005
- Columbus-IN only increased + 24.75% between 1997 and 2005
- Jonesboro-AR only increased + 28.13% between 1997 and 2005
- Ogden-Clearfield-UT only increased + 28.52% between 1997 and 2005
The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .
- Midland-TX lost - 34.76% from 1982 to 1990
- Midland-TX lost - 32.77% from 1983 thru 1991
- Lafayette-LA lost - 26.59% from 1982 thru 1990
- Casper-WY lost - 26.42% from 1983 thru 1991
- Midland-TX lost - 25.57% from 1984 thru 1992
Zip Code in MSA: 1220 - ADAMS, MA
MSA Pop: 133310Zip Pop: 9442
Avg Value: 95500
County: BERKSHIRE
Elev: 1039
Region: Northeast
Lat: 42.61992
Long: -73.120549