Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Provo Orem, Utah MSA appreciated +148.82% (+ 10.63% yearly) between 1993 and the end of 2006.

The state of UT had +148.14% total appreciation (+ 10.58% yearly). The Provo Orem, Utah MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 0.46% faster than the state as a whole.

Provo-Orem-UT

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Provo-Orem-UT here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Utah, you can do some research at Spec-Loan.com.

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

If you knew your Lehi, Utah home was worth $99,000.00 in 1993, you could multiply by +148.82%, add the gain and see the home should be worth $246,329.48 in 2006. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Provo-Orem-UT from 1993 to 2006:
+ 10.63%

Appreciation Comparisons

The top 5 performing MSAs from 1993 to 2006 were Salinas-CA, Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M, Bend-OR, Flagstaff-AZ-UT, and Phoenix-Mesa-Scottdale-AZ .

  1. Salinas-CA increased +247.88% from 1993 to the end of 2006
  2. Fort-Lauderdale-Pompano-Beach-Deerfield-Beach-FL--(M increased +240.91% from 1993 to the end of 2006
  3. Bend-OR increased +230.33% from 1993 to the end of 2006
  4. Flagstaff-AZ-UT increased +228.96% from 1993 to the end of 2006
  5. Phoenix-Mesa-Scottdale-AZ increased +223.72% from 1993 to the end of 2006

In contrast, the worst 5 MSAs from 1993 to 2006 were Rochester-NY, Buffalo-Niagara-Falls-NY, Springfield-IL, Lafayette-IN, and Fort-Wayne-IN .

  1. Rochester-NY only increased + 33.80% between 1993 and 2006
  2. Buffalo-Niagara-Falls-NY only increased + 42.20% between 1993 and 2006
  3. Springfield-IL only increased + 47.18% between 1993 and 2006
  4. Lafayette-IN only increased + 47.24% between 1993 and 2006
  5. Fort-Wayne-IN only increased + 47.47% between 1993 and 2006

Zip Code in MSA: 84043 - LEHI, UT

MSA Pop: 406851
Zip Pop: 23586
Avg Value: 153200
County: UTAH
Elev: 4512
Region: West
Lat: 40.393089
Long: -111.845879