Real Estate Appreciation for Rochester, New York: + 2.72%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Rochester, New York MSA appreciated + 2.72% (+ 1.36% yearly) for the period between 1999 and the end of 2000.
The state had + 16.56% total appreciation (+ 8.28% yearly).
The state average for New York was higher than the real estate appreciation in the Rochester, New York MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated +509.15% faster than this MSA.
Rochester-NY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1999 | 2 | 107.24 | + 0.17% | + 0.67% |
| 1999 | 3 | 107 | - 0.22% | - 0.90% |
| 1999 | 4 | 106.77 | - 0.21% | - 0.86% |
| 2000 | 1 | 106.04 | - 0.68% | - 2.73% |
| 2000 | 2 | 108.35 | + 2.18% | + 8.71% |
| 2000 | 3 | 109.01 | + 0.61% | + 2.44% |
| 2000 | 4 | 109.97 | + 0.88% | + 3.52% |
There are a lot of ways to use the appreciation data for Rochester, New York .
Lets look at Red Creek, New York, a city located in Rochester, New York 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 Red Creek, New York check out Spec-Loan.com
If you were going to do a Red Creek, New York Refinance, or Red Creek, New York Reverse Mortgages, you could estimate your home value.
If you knew your Red Creek, New York home was worth $99,000.00 in 1999, you could multiply by + 2.72%, add the gain and see the home should be worth $101,690.92 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Rochester-NY from 1999 to 2000:
+ 1.36%
Appreciation Comparisons
The top 5 performing MSAs from 1999 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Salinas-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 44.43% from 1999 to the end of 2000
- Santa-Cruz-Watsonville-CA increased + 41.93% from 1999 to the end of 2000
- Santa-Rosa-Petaluma-CA increased + 41.14% from 1999 to the end of 2000
- Salinas-CA increased + 39.42% from 1999 to the end of 2000
- Napa-CA increased + 33.84% from 1999 to the end of 2000
Zip Code in MSA: 13143 - RED CREEK, NY
MSA Pop: 1041198Zip Pop: 3416
Avg Value: 63900
County: WAYNE
Elev: 403
Region: Northeast
Lat: 43.235332
Long: -76.732331