Real Estate Appreciation for Salt Lake City, Utah: + 59.61%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Salt Lake City, Utah MSA appreciation it was + 59.61% (+ 6.62% yearly) from 1994 to 2002.
During the same time period, UT had + 56.81% (+ 6.31% yearly).
You can see that the Salt Lake City, Utah MSA experienced higher appreciation in this case.
Salt-Lake-City-UT
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Salt Lake City, Utah .
Lets look at Coalville, 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 Coalville, Utah check out Spec-Loan.com
If you were going to do a Coalville, Utah Refinance, or Coalville, Utah Reverse Mortgages, you could estimate your home value.
If you knew your Coalville, Utah home was worth $96,000.00 in 1994, you could multiply by + 59.61%, add the gain and see the home should be worth $153,224.47 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Salt-Lake-City-UT from 1994 to 2002:
+ 6.62%
Appreciation Comparisons
For a 9 year period, the top 5 performing MSAs of all time are Salinas-CA, Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, and San-Diego-Carlsbad-San-Marcos-CA .
- Salinas-CA increased +251.65% from 1997 thru 2005
- Salinas-CA increased +229.40% from 1998 thru 2006
- Springfield-MA increased +229.07% from 1981 thru 1989
- Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
- San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005
The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .
- Midland-TX lost - 34.76% from 1982 to 1990
- Midland-TX lost - 32.77% from 1983 thru 1991
- Lafayette-LA lost - 26.59% from 1982 thru 1990
- Casper-WY lost - 26.42% from 1983 thru 1991
- Midland-TX lost - 25.57% from 1984 thru 1992
Zip Code in MSA: 84017 - COALVILLE, UT
MSA Pop: 1005232Zip Pop: 3132
Avg Value: 156600
County: SUMMIT
Elev: 5586
Region: West
Lat: 40.80468
Long: -111.29634