Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Pittsfield, Massachusettes MSA appreciated + 58.52% (+ 9.75% yearly) for the period between 1999 and the end of 2004.

The state had + 92.52% total appreciation (+ 15.42% yearly). The state average for Massachusettes was higher than the real estate appreciation in the Pittsfield, Massachusettes MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 58.09% faster than this MSA.

Pittsfield-MA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2001-2004 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 $103,000.00 in 1999, you could multiply by + 58.52%, add the gain and see the home should be worth $163,278.96 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Pittsfield-MA from 1999 to 2004:
+ 9.75%

Appreciation Comparisons

The top 5 performing MSAs from 1999 to 2004 were Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Vallejo-Fairfield-CA, Napa-CA, and San-Luis-Obispo-Paso-Robles-CA .

  1. Salinas-CA increased +147.28% from 1999 to the end of 2004
  2. San-Diego-Carlsbad-San-Marcos-CA increased +142.11% from 1999 to the end of 2004
  3. Vallejo-Fairfield-CA increased +136.81% from 1999 to the end of 2004
  4. Napa-CA increased +132.64% from 1999 to the end of 2004
  5. San-Luis-Obispo-Paso-Robles-CA increased +132.13% from 1999 to the end of 2004

Zip Code in MSA: 1201 - PITTSFIELD, MA

MSA Pop: 133310
Zip Pop: 47623
Avg Value: 99000
County: BERKSHIRE
Elev: 1039
Region: Northeast
Lat: 42.454566
Long: -73.250133