Real Estate Appreciation for Salt Lake City, Utah: + 15.35%
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 + 15.35% (+ 2.56% yearly) for the period between 1999 and the end of 2004.
The state had + 13.96% total appreciation (+ 2.33% 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
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
Lets look at Coalville, Utah, a city located in Salt Lake City, Utah MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans 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 $103,000.00 in 1999, you could multiply by + 15.35%, add the gain and see the home should be worth $118,813.28 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Salt-Lake-City-UT from 1999 to 2004:
+ 2.56%
Appreciation Comparisons
The top 5 performing MSAs from 1999 to 2004 were Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Vallejo-Fairfield-CA, Napa-CA, and San-Luis-Obispo-Paso-Robles-CA .
- Salinas-CA increased +147.28% from 1999 to the end of 2004
- San-Diego-Carlsbad-San-Marcos-CA increased +142.11% from 1999 to the end of 2004
- Vallejo-Fairfield-CA increased +136.81% from 1999 to the end of 2004
- Napa-CA increased +132.64% from 1999 to the end of 2004
- San-Luis-Obispo-Paso-Robles-CA increased +132.13% from 1999 to the end of 2004
For a 6 year period, the top 5 performing MSAs of all time are Merced-CA, Modesto-CA, Worcester-MA, Yuba-City-CA, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Merced-CA increased +172.57% from 2000 thru 2005
- Modesto-CA increased +166.23% from 2000 thru 2005
- Worcester-MA increased +164.50% from 1982 thru 1987
- Yuba-City-CA increased +164.17% from 2000 thru 2005
- San-Jose-Sunnyvale-Santa-Clara-CA increased +162.77% from 1976 thru 1981
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