Real Estate Appreciation for Pittsfield, Massachusettes: + 47.87%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Pittsfield, Massachusettes MSA appreciated + 47.87% (+ 11.97% yearly) between 2003 and the end of 2006.
The state of MA had + 29.15% total appreciation (+ 7.29% yearly).
The Pittsfield, Massachusettes MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 64.24% faster than the state as a whole.
Pittsfield-MA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2006 | 1 | 216.25 | + 7.17% | + 28.68% |
| 2006 | 2 | 211.98 | - 1.97% | - 7.90% |
| 2006 | 3 | 214.5 | + 1.19% | + 4.76% |
| 2006 | 4 | 225.58 | + 5.17% | + 20.66% |
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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 $109,000.00 in 2003, you could multiply by + 47.87%, add the gain and see the home should be worth $161,181.38 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Pittsfield-MA from 2003 to 2006:
+ 11.97%
Appreciation Comparisons
The top 5 performing MSAs from 2003 to 2006 were Bakersfield-CA, Visalia-Porterville-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Naples-Marco-Island-FL .
- Bakersfield-CA increased +110.89% from 2003 to the end of 2006
- Visalia-Porterville-CA increased +101.32% from 2003 to the end of 2006
- Madera-CA increased +100.36% from 2003 to the end of 2006
- Riverside-San-Bernardino-Ontario-CA increased +100.03% from 2003 to the end of 2006
- Naples-Marco-Island-FL increased + 99.23% from 2003 to the end of 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