Real Estate Appreciation for Provo Orem, Utah: + 43.59%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Provo Orem, Utah MSA appreciation it was + 43.59% (+ 7.27% yearly) from 1994 to 1999.
During the same time period, UT had + 44.40% (+ 7.40% yearly).
From 1994 to 1999, Utah outperformed the individual Provo Orem, Utah MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Provo-Orem-UT
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1996-1999 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Provo Orem, Utah .
Lets look at Alpine, 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 Alpine, Utah check out Spec-Loan.com
If you were going to do a Alpine, Utah Refinance, or Alpine, Utah Reverse Mortgages, you could estimate your home value.
If you knew your Alpine, Utah home was worth $93,000.00 in 1994, you could multiply by + 43.59%, add the gain and see the home should be worth $133,542.76 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Provo-Orem-UT from 1994 to 1999:
+ 7.27%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 1999 were San-Jose-Sunnyvale-Santa-Clara-CA, Denver-Aurora-CO, Monroe-MI, Battle-Creek-MI, and Jackson-MI .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 55.06% from 1994 to the end of 1999
- Denver-Aurora-CO increased + 54.88% from 1994 to the end of 1999
- Monroe-MI increased + 50.44% from 1994 to the end of 1999
- Battle-Creek-MI increased + 49.19% from 1994 to the end of 1999
- Jackson-MI increased + 48.18% from 1994 to the end of 1999
In contrast, the worst 5 MSAs from 1994 to 1999 were Honolulu-HI, Bakersfield-CA, Albany-Schenectady-Troy-NY, Utica-Rome-NY, and Syracuse-NY .
- Honolulu-HI decreased by - 16.68% between 1994 and 1999
- Bakersfield-CA decreased by - 4.49% between 1994 and 1999
- Albany-Schenectady-Troy-NY decreased by - 4.09% between 1994 and 1999
- Utica-Rome-NY decreased by - 3.85% between 1994 and 1999
- Syracuse-NY decreased by - 1.70% between 1994 and 1999
Zip Code in MSA: 84004 - ALPINE, UT
MSA Pop: 406851Zip Pop: 7576
Avg Value: 295500
County: UTAH
Elev: 4512
Region: West
Lat: 40.457963
Long: -111.769126