Real Estate Appreciation for Pittsfield, Massachusettes: + 49.07%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Pittsfield, Massachusettes MSA appreciation it was + 49.07% (+ 9.81% yearly) from 2000 to 2004.
During the same time period, MA had + 67.96% (+ 13.59% yearly).
From 2000 to 2004, Massachusettes outperformed the individual Pittsfield, Massachusettes MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Pittsfield-MA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Pittsfield, Massachusettes .
Lets look at Pittsfield, Massachusettes, a city located in Pittsfield, Massachusettes MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Pittsfield, 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 $104,000.00 in 2000, you could multiply by + 49.07%, add the gain and see the home should be worth $155,031.63 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Pittsfield-MA from 2000 to 2004:
+ 9.81%
Appreciation Comparisons
For a 5 year period, the top 5 performing MSAs of all time are San-Jose-Sunnyvale-Santa-Clara-CA, Worcester-MA, Fresno-CA, Madera-CA, and Yuba-City-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased +139.57% from 1976 thru 1980
- Worcester-MA increased +138.82% from 1982 thru 1986
- Fresno-CA increased +137.23% from 2001 thru 2005
- Madera-CA increased +136.99% from 2001 thru 2005
- Yuba-City-CA increased +136.08% from 2001 thru 2005
Zip Code in MSA: 1201 - PITTSFIELD, MA
MSA Pop: 133310Zip Pop: 47623
Avg Value: 99000
County: BERKSHIRE
Elev: 1039
Region: Northeast
Lat: 42.454566
Long: -73.250133