Real Estate Appreciation for Pittsfield, Massachusettes: + 12.19%
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: + 12.19%
- State of MA: + 36.16%
- Difference: - 66.29%
Pittsfield-MA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 113.91 | - 0.82% | - 3.27% |
| 1998 | 3 | 113.06 | - 0.75% | - 2.98% |
| 1998 | 4 | 114.56 | + 1.33% | + 5.31% |
| 1999 | 1 | 117.15 | + 2.26% | + 9.04% |
| 1999 | 2 | 113.48 | - 3.13% | - 12.53% |
| 1999 | 3 | 119.37 | + 5.19% | + 20.76% |
| 1999 | 4 | 117.68 | - 1.42% | - 5.66% |
| 2000 | 1 | 124.58 | + 5.86% | + 23.45% |
| 2000 | 2 | 121.05 | - 2.83% | - 11.33% |
| 2000 | 3 | 122.68 | + 1.35% | + 5.39% |
| 2000 | 4 | 128.85 | + 5.03% | + 20.12% |
If you need information on Hard Money Rehab Loans in East Otis, Massachusettes look at Spec-Loan.com
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 $98,000.00 in 1998, you could multiply by + 12.19%, add the gain and see the home should be worth $109,946.02 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Pittsfield-MA from 1998 to 2000:
+ 4.06%
Appreciation Comparisons
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
Zip Code in MSA: 1029 - EAST OTIS, MA
MSA Pop: 133310Zip Pop: 572
Avg Value: 139300
County: BERKSHIRE
Elev: 1039
Region: Northeast
Lat: 42.158401
Long: -73.042901