Real Estate Appreciation for Pueblo, Colorado: + 11.80%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Pueblo, Colorado did compared to the state as a whole.
The Pueblo, Colorado MSA property value change was + 11.80% (+ 5.90% yearly).
All of the property in CO averaged + 10.70% change in value (+ 5.35% yearly).
Pueblo-CO
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 115.82 | + 2.66% | + 10.64% |
| 1997 | 3 | 117.09 | + 1.10% | + 4.39% |
| 1997 | 4 | 118.71 | + 1.38% | + 5.53% |
| 1998 | 1 | 122.71 | + 3.37% | + 13.48% |
| 1998 | 2 | 123.39 | + 0.55% | + 2.22% |
| 1998 | 3 | 124.17 | + 0.63% | + 2.53% |
| 1998 | 4 | 126.13 | + 1.58% | + 6.31% |
Lets look at Pueblo, Colorado, a city located in Pueblo, Colorado MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Pueblo, Colorado Refinance, or Pueblo, Colorado Reverse Mortgages, you could estimate your home value.
If you knew your Pueblo, Colorado home was worth $95,000.00 in 1997, you could multiply by + 11.80%, add the gain and see the home should be worth $106,207.68 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Pueblo-CO from 1997 to 1998:
+ 5.90%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, San-Diego-Carlsbad-San-Marcos-CA, Gadsden-AL, and Waterloo-Cedar-Falls-IA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 24.79% from 1997 to the end of 1998
- Santa-Cruz-Watsonville-CA increased + 20.64% from 1997 to the end of 1998
- San-Diego-Carlsbad-San-Marcos-CA increased + 16.27% from 1997 to the end of 1998
- Gadsden-AL increased + 14.96% from 1997 to the end of 1998
- Waterloo-Cedar-Falls-IA increased + 13.76% from 1997 to the end of 1998
In contrast, the worst 5 MSAs from 1997 to 1998 were Honolulu-HI, Williamsport-PA, Ithaca-NY, Utica-Rome-NY, and Pittsfield-MA .
- Honolulu-HI decreased by - 3.48% between 1997 and 1998
- Williamsport-PA decreased by - 0.05% between 1997 and 1998
- Ithaca-NY only increased + 1.04% between 1997 and 1998
- Utica-Rome-NY only increased + 1.56% between 1997 and 1998
- Pittsfield-MA only increased + 2.16% between 1997 and 1998
Zip Code in MSA: 81001 - PUEBLO, CO
MSA Pop: 148751Zip Pop: 30715
Avg Value: 82300
County: PUEBLO
Elev: 4662
Region: West
Lat: 38.285536
Long: -104.579223