Real Estate Appreciation for Pittsfield, Massachusettes: + 45.94%
Appreciation for MSAs:.
Let's start by comparing Pittsfield, Massachusettes to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 45.94% (+ 11.49% yearly) for the Pittsfield, Massachusettes MSA.
The entire state of MA had + 44.13% appreciation (+ 11.03% yearly).
The Pittsfield, Massachusettes MSA beat out the state. by + 4.10% appreciation.
Pittsfield-MA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2005 | 1 | 185 | - 0.38% | - 1.53% |
| 2005 | 2 | 195.53 | + 5.69% | + 22.77% |
| 2005 | 3 | 199.39 | + 1.97% | + 7.90% |
| 2005 | 4 | 201.78 | + 1.20% | + 4.79% |
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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 $107,000.00 in 2002, you could multiply by + 45.94%, add the gain and see the home should be worth $156,158.40 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Pittsfield-MA from 2002 to 2005:
+ 11.49%
Appreciation Comparisons
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 .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
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