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 + 12.30% (+ 6.15% yearly) from 2004 to 2005.

During the same time period, UT had + 18.83% (+ 9.42% yearly). From 2004 to 2005, 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

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2004 2 140.62 + 0.42% + 1.69%
2004 3 141.67 + 0.75% + 2.99%
2004 4 144.01 + 1.65% + 6.61%
2005 1 146.05 + 1.42% + 5.67%
2005 2 148.52 + 1.69% + 6.76%
2005 3 152.88 + 2.94% + 11.74%
2005 4 157.25 + 2.86% + 11.43%


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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 $109,000.00 in 2004, you could multiply by + 12.30%, add the gain and see the home should be worth $122,404.13 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Provo-Orem-UT from 2004 to 2005:
+ 6.15%

Appreciation Comparisons

The top 5 performing MSAs from 2004 to 2005 were Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 to the end of 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 to the end of 2005
  3. Bakersfield-CA increased + 63.04% from 2004 to the end of 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 to the end of 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 to the end of 2005

For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005

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