Real Estate Appreciation for Salt Lake City, Utah: + 42.88%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Salt Lake City, Utah did compared to the state as a whole.
The Salt Lake City, Utah MSA property value change was + 42.88% (+ 4.76% yearly).
All of the property in UT averaged + 41.59% change in value (+ 4.62% yearly).
Salt-Lake-City-UT
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
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 $102,000.00 in 1997, you could multiply by + 42.88%, add the gain and see the home should be worth $145,732.59 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Salt-Lake-City-UT from 1997 to 2005:
+ 4.76%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 2005 were Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Napa-CA, Merced-CA, and Vallejo-Fairfield-CA .
- Salinas-CA increased +251.65% from 1997 to the end of 2005
- San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 to the end of 2005
- Napa-CA increased +217.91% from 1997 to the end of 2005
- Merced-CA increased +217.12% from 1997 to the end of 2005
- Vallejo-Fairfield-CA increased +213.81% from 1997 to the end of 2005
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
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