Appreciation for MSAs:.

The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.

In this case Salt Lake City, Utah MSA appreciated + 5.99% (+ 2.00% yearly) for the period between 1999 and the end of 2001.

The state had + 5.40% total appreciation (+ 1.80% yearly). The Salt Lake City, Utah MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.

Salt-Lake-City-UT

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1999 2 129.81 - 0.25% - 1.01%
1999 3 128.43 - 1.06% - 4.25%
1999 4 129.03 + 0.47% + 1.87%
2000 1 129.68 + 0.50% + 2.02%
2000 2 129.56 - 0.09% - 0.37%
2000 3 130.96 + 1.08% + 4.32%
2000 4 132.86 + 1.45% + 5.80%
2001 1 136 + 2.36% + 9.45%
2001 2 136.13 + 0.10% + 0.38%
2001 3 136.63 + 0.37% + 1.47%
2001 4 137.94 + 0.96% + 3.84%


Some of the ways peope use our appreciation data for Salt Lake City, Utah include real estate investment .

Lets look at Bingham Canyon, Utah, a city located in Salt Lake City, Utah MSA.

Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Utah check out Spec-Loan.com

If you were going to do a Bingham Canyon, Utah Refinance, or Bingham Canyon, Utah Reverse Mortgages, you could estimate your home value.

If you knew your Bingham Canyon, Utah home was worth $100,000.00 in 1999, you could multiply by + 5.99%, add the gain and see the home should be worth $105,993.55 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Salt-Lake-City-UT from 1999 to 2001:
+ 2.00%

Appreciation Comparisons

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 84006 - BINGHAM CANYON, UT

MSA Pop: 1005232
Zip Pop: 726
Avg Value: 116200
County: SALT LAKE
Elev: 4260
Region: West
Lat: 40.533333
Long: -112.15