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 + 11.43% (+ 3.81% yearly) for the period between 2001 and the end of 2003.

The state had + 33.20% total appreciation (+ 11.07% 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 +190.37% faster than this MSA.

Rochester-NY

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2001 2 112.36 + 1.24% + 4.97%
2001 3 113.31 + 0.85% + 3.38%
2001 4 114.29 + 0.86% + 3.46%
2002 1 115.27 + 0.86% + 3.43%
2002 2 116.14 + 0.75% + 3.02%
2002 3 117.13 + 0.85% + 3.41%
2002 4 118.33 + 1.02% + 4.10%
2003 1 119.72 + 1.17% + 4.70%
2003 2 120.21 + 0.41% + 1.64%
2003 3 121.96 + 1.46% + 5.82%
2003 4 123.67 + 1.40% + 5.61%


There are a lot of ways to use the appreciation data for Rochester, New York .

Lets look at Savannah, 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 Savannah, New York check out Spec-Loan.com

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 $104,000.00 in 2001, you could multiply by + 11.43%, add the gain and see the home should be worth $115,891.87 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Rochester-NY from 2001 to 2003:
+ 3.81%

Appreciation Comparisons

The top 5 performing MSAs from 2001 to 2003 were Yuba-City-CA, Chico-CA, Fresno-CA, Redding-CA, and Madera-CA .

  1. Yuba-City-CA increased + 53.06% from 2001 to the end of 2003
  2. Chico-CA increased + 50.54% from 2001 to the end of 2003
  3. Fresno-CA increased + 50.27% from 2001 to the end of 2003
  4. Redding-CA increased + 49.39% from 2001 to the end of 2003
  5. Madera-CA increased + 48.53% from 2001 to the end of 2003

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

Zip Code in MSA: 13146 - SAVANNAH, NY

MSA Pop: 1041198
Zip Pop: 2541
Avg Value: 53600
County: WAYNE
Elev: 403
Region: Northeast
Lat: 43.104181
Long: -76.760683