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 + 43.43% (+ 10.86% yearly) for the period between 2001 and the end of 2004.

The state had + 48.99% total appreciation (+ 12.25% 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 + 12.82% faster than this MSA.

Pittsfield-MA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2001 2 132.53 + 2.36% + 9.42%
2001 3 131.81 - 0.54% - 2.17%
2001 4 135.35 + 2.69% + 10.74%
2002 1 138.26 + 2.15% + 8.60%
2002 2 141.39 + 2.26% + 9.06%
2002 3 147.19 + 4.10% + 16.41%
2002 4 149.43 + 1.52% + 6.09%
2003 1 152.55 + 2.09% + 8.35%
2003 2 152.92 + 0.24% + 0.97%
2003 3 158.41 + 3.59% + 14.36%
2003 4 165.83 + 4.68% + 18.74%
2004 1 166.79 + 0.58% + 2.32%
2004 2 171.85 + 3.03% + 12.14%
2004 3 177.14 + 3.08% + 12.31%
2004 4 185.71 + 4.84% + 19.35%


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 $105,000.00 in 2001, you could multiply by + 43.43%, add the gain and see the home should be worth $150,598.93 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Pittsfield-MA from 2001 to 2004:
+ 10.86%

Appreciation Comparisons

The top 5 performing MSAs from 2001 to 2004 were Riverside-San-Bernardino-Ontario-CA, Yuba-City-CA, Fresno-CA, Madera-CA, and San-Diego-Carlsbad-San-Marcos-CA .

  1. Riverside-San-Bernardino-Ontario-CA increased + 90.90% from 2001 to the end of 2004
  2. Yuba-City-CA increased + 90.67% from 2001 to the end of 2004
  3. Fresno-CA increased + 90.07% from 2001 to the end of 2004
  4. Madera-CA increased + 89.58% from 2001 to the end of 2004
  5. San-Diego-Carlsbad-San-Marcos-CA increased + 87.47% from 2001 to the end of 2004

For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .

  1. Bakersfield-CA increased +116.36% from 2002 thru 2005
  2. Fresno-CA increased +116.09% from 2002 thru 2005
  3. Madera-CA increased +114.32% from 2002 thru 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
  5. Bakersfield-CA increased +110.89% from 2003 thru 2006

Zip Code in MSA: 1029 - EAST OTIS, MA

MSA Pop: 133310
Zip Pop: 572
Avg Value: 139300
County: BERKSHIRE
Elev: 1039
Region: Northeast
Lat: 42.158401
Long: -73.042901