Appreciation for MSAs:.

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

The Salt Lake City, Utah MSA appreciated + 88.76% (+ 8.07% yearly) between 1993 and the end of 2003.

The state of UT had + 83.25% total appreciation (+ 7.57% yearly). The Salt Lake City, Utah MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 6.62% faster than the state as a whole.

Salt-Lake-City-UT

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 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 $96,000.00 in 1993, you could multiply by + 88.76%, add the gain and see the home should be worth $181,211.77 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Salt-Lake-City-UT from 1993 to 2003:
+ 8.07%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1993 to 2003 were Binghamton-NY, Honolulu-HI, Rochester-NY, Elmira-NY, and Utica-Rome-NY .

  1. Binghamton-NY only increased + 13.04% between 1993 and 2003
  2. Honolulu-HI only increased + 15.17% between 1993 and 2003
  3. Rochester-NY only increased + 20.38% between 1993 and 2003
  4. Elmira-NY only increased + 20.39% between 1993 and 2003
  5. Utica-Rome-NY only increased + 20.41% between 1993 and 2003

The worst perfoming MSAs ever for a 11 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .

  1. Midland-TX lost - 33.11% from 1982 to 1992
  2. Midland-TX lost - 27.85% from 1983 thru 1993
  3. Midland-TX lost - 21.51% from 1984 thru 1994
  4. Odessa-TX lost - 21.17% from 1984 thru 1994
  5. Lafayette-LA lost - 18.88% from 1982 thru 1992

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