Real Estate Appreciation for Provo Orem, Utah: + 57.01%
Appreciation for MSAs:.
Let's start by comparing Provo Orem, Utah 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 + 57.01% (+ 14.25% yearly) for the Provo Orem, Utah MSA.
The entire state of UT had + 54.23% appreciation (+ 13.56% yearly).
The Provo Orem, Utah MSA beat out the state. by + 5.12% appreciation.
Provo-Orem-UT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1995 | 1 | 100 | + 2.55% | + 10.21% |
| 1995 | 2 | 103.43 | + 3.43% | + 13.72% |
| 1995 | 3 | 107.22 | + 3.66% | + 14.66% |
| 1995 | 4 | 109.89 | + 2.49% | + 9.96% |
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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 $87,000.00 in 1992, you could multiply by + 57.01%, add the gain and see the home should be worth $136,597.09 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Provo-Orem-UT from 1992 to 1995:
+ 14.25%
Appreciation Comparisons
The worst 5 MSAs from 1992 to 1995 were Riverside-San-Bernardino-Ontario-CA, Kingston-NY, Binghamton-NY, Sacramento-Arden-Arcade-Roseville-CA, and San-Luis-Obispo-Paso-Robles-CA .
- Riverside-San-Bernardino-Ontario-CA decreased by - 16.09% between 1992 and 1995
- Kingston-NY decreased by - 12.31% between 1992 and 1995
- Binghamton-NY decreased by - 11.63% between 1992 and 1995
- Sacramento-Arden-Arcade-Roseville-CA decreased by - 11.36% between 1992 and 1995
- San-Luis-Obispo-Paso-Robles-CA decreased by - 10.33% between 1992 and 1995
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
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
Zip Code in MSA: 84003 - AMERICAN FORK, UT
MSA Pop: 406851Zip Pop: 30441
Avg Value: 164900
County: UTAH
Elev: 4512
Region: West
Lat: 40.41924
Long: -111.56526