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 Provo Orem, Utah MSA appreciated + 46.85% (+ 11.71% yearly) for the period between 1991 and the end of 1994.

The state had + 46.62% total appreciation (+ 11.65% yearly). The Provo Orem, Utah MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.

Provo-Orem-UT

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1991 2 66.67 + 0.41% + 1.63%
1991 3 67.54 + 1.30% + 5.22%
1991 4 68.26 + 1.07% + 4.26%
1992 1 69.99 + 2.53% + 10.14%
1992 2 71.1 + 1.59% + 6.34%
1992 3 72.85 + 2.46% + 9.85%
1992 4 74.85 + 2.75% + 10.98%
1993 1 76.12 + 1.70% + 6.79%
1993 2 79 + 3.78% + 15.13%
1993 3 82.11 + 3.94% + 15.75%
1993 4 85.8 + 4.49% + 17.98%
1994 1 88.75 + 3.44% + 13.75%
1994 2 92.93 + 4.71% + 18.84%
1994 3 95.27 + 2.52% + 10.07%
1994 4 97.51 + 2.35% + 9.40%


There are a lot of ways to use the appreciation data for Provo Orem, Utah .

Lets look at American Fork, Utah, a city located in Provo Orem, Utah 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 American Fork, Utah check out Spec-Loan.com

If you were going to do a American Fork, Utah Refinance, or American Fork, Utah Reverse Mortgages, you could estimate your home value.

If you knew your American Fork, Utah home was worth $85,000.00 in 1991, you could multiply by + 46.85%, add the gain and see the home should be worth $124,824.55 in 1994. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Provo-Orem-UT from 1991 to 1994:
+ 11.71%

Appreciation Comparisons

The worst 5 MSAs from 1991 to 1994 were Riverside-San-Bernardino-Ontario-CA, San-Luis-Obispo-Paso-Robles-CA, Oxnard-Thousand-Oaks-Ventura-CA, Kingston-NY, and Sacramento-Arden-Arcade-Roseville-CA .

  1. Riverside-San-Bernardino-Ontario-CA decreased by - 17.54% between 1991 and 1994
  2. San-Luis-Obispo-Paso-Robles-CA decreased by - 14.83% between 1991 and 1994
  3. Oxnard-Thousand-Oaks-Ventura-CA decreased by - 14.20% between 1991 and 1994
  4. Kingston-NY decreased by - 13.89% between 1991 and 1994
  5. Sacramento-Arden-Arcade-Roseville-CA decreased by - 13.10% between 1991 and 1994

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

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

Zip Code in MSA: 84003 - AMERICAN FORK, UT

MSA Pop: 406851
Zip Pop: 30441
Avg Value: 164900
County: UTAH
Elev: 4512
Region: West
Lat: 40.41924
Long: -111.56526