Real Estate Appreciation for Provo Orem, Utah: + 22.07%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Provo Orem, Utah did compared to the state as a whole.
The Provo Orem, Utah MSA property value change was + 22.07% (+ 2.76% yearly).
All of the property in UT averaged + 24.40% change in value (+ 3.05% yearly).
Provo-Orem-UT
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 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 Eagle Mountain, Utah Refinance, or Eagle Mountain, Utah Reverse Mortgages, you could estimate your home value.
If you knew your Eagle Mountain, Utah home was worth $101,000.00 in 1997, you could multiply by + 22.07%, add the gain and see the home should be worth $123,294.14 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Provo-Orem-UT from 1997 to 2004:
+ 2.76%
Appreciation Comparisons
The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .
- Midland-TX lost - 34.76% from 1982 to 1989
- Midland-TX lost - 32.81% from 1983 thru 1990
- Casper-WY lost - 31.76% from 1983 thru 1990
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
The top 5 performing MSAs from 1997 to 2004 were San-Diego-Carlsbad-San-Marcos-CA, Salinas-CA, Napa-CA, Barnstable-Town-MA, and San-Luis-Obispo-Paso-Robles-CA .
- San-Diego-Carlsbad-San-Marcos-CA increased +186.77% from 1997 to the end of 2004
- Salinas-CA increased +182.20% from 1997 to the end of 2004
- Napa-CA increased +169.41% from 1997 to the end of 2004
- Barnstable-Town-MA increased +166.30% from 1997 to the end of 2004
- San-Luis-Obispo-Paso-Robles-CA increased +164.73% from 1997 to the end of 2004
Zip Code in MSA: 84005 - EAGLE MOUNTAIN, UT
MSA Pop: 406851Zip Pop: 0
Avg Value: 0
County: UTAH
Elev: 4512
Region: West
Lat: 40.3802
Long: -111.991