Real Estate Appreciation for Salt Lake City, Utah: + 61.97%
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 + 61.97% (+ 6.20% yearly) from 1994 to 2003.
During the same time period, UT had + 58.64% (+ 5.86% 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
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 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 $97,000.00 in 1994, you could multiply by + 61.97%, add the gain and see the home should be worth $157,114.85 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Salt-Lake-City-UT from 1994 to 2003:
+ 6.20%
Appreciation Comparisons
The worst perfoming MSAs ever for a 10 year period, were Midland-TX, Midland-TX, Lafayette-LA, Midland-TX, and Lafayette-LA .
- Midland-TX lost - 34.73% from 1982 to 1991
- Midland-TX lost - 31.11% from 1983 thru 1992
- Lafayette-LA lost - 22.75% from 1982 thru 1991
- Midland-TX lost - 22.05% from 1984 thru 1993
- Lafayette-LA lost - 21.25% from 1983 thru 1992
The top 5 performing MSAs from 1994 to 2003 were Barnstable-Town-MA, Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Napa-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Barnstable-Town-MA increased +146.29% from 1994 to the end of 2003
- Salinas-CA increased +119.32% from 1994 to the end of 2003
- San-Diego-Carlsbad-San-Marcos-CA increased +119.20% from 1994 to the end of 2003
- Napa-CA increased +117.57% from 1994 to the end of 2003
- San-Jose-Sunnyvale-Santa-Clara-CA increased +116.73% from 1994 to the end of 2003
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