Real Estate Appreciation for Salt Lake City, Utah: + 71.27%
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 + 71.27% (+ 7.13% yearly).
All of the property in UT averaged + 60.01% change in value (+ 6.00% yearly).
Salt-Lake-City-UT
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Salt-Lake-City-UT here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Utah, you can do some research at 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 $103,000.00 in 1997, you could multiply by + 71.27%, add the gain and see the home should be worth $176,412.51 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Salt-Lake-City-UT from 1997 to 2006:
+ 7.13%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 2006 were Salinas-CA, Riverside-San-Bernardino-Ontario-CA, Merced-CA, Napa-CA, and San-Diego-Carlsbad-San-Marcos-CA .
- Salinas-CA increased +247.53% from 1997 to the end of 2006
- Riverside-San-Bernardino-Ontario-CA increased +237.10% from 1997 to the end of 2006
- Merced-CA increased +219.89% from 1997 to the end of 2006
- Napa-CA increased +218.67% from 1997 to the end of 2006
- San-Diego-Carlsbad-San-Marcos-CA increased +216.82% from 1997 to the end of 2006
In contrast, the worst 5 MSAs from 1997 to 2006 were Lafayette-IN, Kokomo-IN, Columbus-IN, Springfield-IL, and Anderson-IN .
- Lafayette-IN only increased + 22.65% between 1997 and 2006
- Kokomo-IN only increased + 24.43% between 1997 and 2006
- Columbus-IN only increased + 28.09% between 1997 and 2006
- Springfield-IL only increased + 28.91% between 1997 and 2006
- Anderson-IN only increased + 29.98% between 1997 and 2006
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