Appreciation for MSAs:.

Let's start by comparing Salt Lake City, Utah to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.

We have appreciattion of +103.60% (+ 9.42% yearly) for the Salt Lake City, Utah MSA.

The entire state of UT had + 96.11% appreciation (+ 8.74% yearly). The Salt Lake City, Utah MSA beat out the state. by + 7.79% appreciation.

Salt-Lake-City-UT

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Salt Lake City, Utah .

Lets look at Draper, Utah, a city located in Salt Lake City, Utah 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 Draper, Utah check out Spec-Loan.com

If you were going to do a Draper, Utah Refinance, or Draper, Utah Reverse Mortgages, you could estimate your home value.

If you knew your Draper, Utah home was worth $94,000.00 in 1992, you could multiply by +103.60%, add the gain and see the home should be worth $191,381.49 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Salt-Lake-City-UT from 1992 to 2002:
+ 9.42%

Appreciation Comparisons

The top 5 performing MSAs from 1992 to 2002 were Boulder-CO, Denver-Aurora-CO, Fort-Collins-Loveland-CO, Greeley-CO, and Barnstable-Town-MA .

  1. Boulder-CO increased +149.08% from 1992 to the end of 2002
  2. Denver-Aurora-CO increased +134.30% from 1992 to the end of 2002
  3. Fort-Collins-Loveland-CO increased +128.61% from 1992 to the end of 2002
  4. Greeley-CO increased +124.75% from 1992 to the end of 2002
  5. Barnstable-Town-MA increased +111.34% from 1992 to the end of 2002

In contrast, the worst 5 MSAs from 1992 to 2002 were Honolulu-HI, Binghamton-NY, Utica-Rome-NY, Syracuse-NY, and Albany-Schenectady-Troy-NY .

  1. Honolulu-HI only increased + 2.20% between 1992 and 2002
  2. Binghamton-NY only increased + 8.44% between 1992 and 2002
  3. Utica-Rome-NY only increased + 11.97% between 1992 and 2002
  4. Syracuse-NY only increased + 14.42% between 1992 and 2002
  5. Albany-Schenectady-Troy-NY only increased + 15.15% between 1992 and 2002

Zip Code in MSA: 84020 - DRAPER, UT

MSA Pop: 1005232
Zip Pop: 25660
Avg Value: 243000
County: SALT LAKE
Elev: 4260
Region: West
Lat: 40.5081
Long: -111.8692