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 + 7.85% (+ 1.96% yearly) for the period between 1999 and the end of 2002.

The state had + 7.00% total appreciation (+ 1.75% 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%
2002 1 138.16 + 0.16% + 0.64%
2002 2 137.92 - 0.17% - 0.69%
2002 3 139.69 + 1.28% + 5.13%
2002 4 140.36 + 0.48% + 1.92%


If you want to learn more about fixing up and flipping property and Hard Money Rehab Loans 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 $101,000.00 in 1999, you could multiply by + 7.85%, add the gain and see the home should be worth $108,931.61 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Salt-Lake-City-UT from 1999 to 2002:
+ 1.96%

Appreciation Comparisons

The worst 5 MSAs from 1999 to 2002 were Ogden-Clearfield-UT, Lewiston-ID-WA, Midland-TX, Coeur-d'Alene-ID, and Lawton-OK .

  1. Ogden-Clearfield-UT only increased + 5.18% between 1999 and 2002
  2. Lewiston-ID-WA only increased + 5.52% between 1999 and 2002
  3. Midland-TX only increased + 6.09% between 1999 and 2002
  4. Coeur-d'Alene-ID only increased + 6.12% between 1999 and 2002
  5. Lawton-OK only increased + 6.71% between 1999 and 2002

For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .

  1. Bakersfield-CA increased +116.36% from 2002 thru 2005
  2. Fresno-CA increased +116.09% from 2002 thru 2005
  3. Madera-CA increased +114.32% from 2002 thru 2005
  4. Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
  5. Bakersfield-CA increased +110.89% from 2003 thru 2006

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

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