Real Estate Appreciation for Rochester, New York: - 2.59%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Rochester, New York MSA appreciation it was - 2.59% (- 0.86% yearly) from 1994 to 1996.
During the same time period, NY had - 0.96% (- 0.32% yearly).
From 1994 to 1996, New York outperformed the individual Rochester, New York MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Rochester-NY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1994 | 2 | 102.74 | - 1.51% | - 6.06% |
| 1994 | 3 | 101.94 | - 0.78% | - 3.11% |
| 1994 | 4 | 100.28 | - 1.63% | - 6.51% |
| 1995 | 1 | 100 | - 0.28% | - 1.12% |
| 1995 | 2 | 101.32 | + 1.32% | + 5.28% |
| 1995 | 3 | 102.12 | + 0.79% | + 3.16% |
| 1995 | 4 | 102.73 | + 0.60% | + 2.39% |
| 1996 | 1 | 103.77 | + 1.01% | + 4.05% |
| 1996 | 2 | 103.01 | - 0.73% | - 2.93% |
| 1996 | 3 | 101.76 | - 1.21% | - 4.85% |
| 1996 | 4 | 101.62 | - 0.14% | - 0.55% |
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If you were going to do a Savannah, New York Refinance, or Savannah, New York Reverse Mortgages, you could estimate your home value.
If you knew your Savannah, New York home was worth $90,000.00 in 1994, you could multiply by - 2.59%, add the gain and see the home should be worth $87,670.63 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Rochester-NY from 1994 to 1996:
- 0.86%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1994 to 1996 were Binghamton-NY, Kingston-NY, Riverside-San-Bernardino-Ontario-CA, Utica-Rome-NY, and Honolulu-HI .
- Binghamton-NY decreased by - 13.28% between 1994 and 1996
- Kingston-NY decreased by - 11.87% between 1994 and 1996
- Riverside-San-Bernardino-Ontario-CA decreased by - 11.33% between 1994 and 1996
- Utica-Rome-NY decreased by - 10.37% between 1994 and 1996
- Honolulu-HI decreased by - 9.66% between 1994 and 1996
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
Zip Code in MSA: 13146 - SAVANNAH, NY
MSA Pop: 1041198Zip Pop: 2541
Avg Value: 53600
County: WAYNE
Elev: 403
Region: Northeast
Lat: 43.104181
Long: -76.760683