Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Rochester, New York MSA appreciated + 13.19% (+ 4.40% yearly) between 2003 and the end of 2005.

The state of NY had + 40.36% total appreciation (+ 13.45% yearly). The state average for New York was higher than the real estate appreciation in the Rochester, New York MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated +205.98% faster than this MSA.

Rochester-NY

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2003 2 120.21 + 0.41% + 1.64%
2003 3 121.96 + 1.46% + 5.82%
2003 4 123.67 + 1.40% + 5.61%
2004 1 124.67 + 0.81% + 3.23%
2004 2 126.7 + 1.63% + 6.51%
2004 3 127.8 + 0.87% + 3.47%
2004 4 129.46 + 1.30% + 5.20%
2005 1 128.15 - 1.01% - 4.05%
2005 2 131.8 + 2.85% + 11.39%
2005 3 134.63 + 2.15% + 8.59%
2005 4 135.51 + 0.65% + 2.61%


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 $108,000.00 in 2003, you could multiply by + 13.19%, add the gain and see the home should be worth $122,244.24 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Rochester-NY from 2003 to 2005:
+ 4.40%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 2003 to 2005 were Burlington-NC, Lafayette-IN, Jonesboro-AR, Anderson-IN, and Rocky-Mount-NC .

  1. Burlington-NC only increased + 3.06% between 2003 and 2005
  2. Lafayette-IN only increased + 4.69% between 2003 and 2005
  3. Jonesboro-AR only increased + 5.04% between 2003 and 2005
  4. Anderson-IN only increased + 5.16% between 2003 and 2005
  5. Rocky-Mount-NC only increased + 5.82% between 2003 and 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

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