Real Estate Appreciation for Salt Lake City, Utah: + 9.84%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Salt Lake City, Utah MSA appreciation it was + 9.84% (+ 2.46% yearly) from 2000 to 2003.
During the same time period, UT had + 9.29% (+ 2.32% yearly).
You can see that the Salt Lake City, Utah MSA experienced higher appreciation in this case.
Salt-Lake-City-UT
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2003 | 1 | 140.71 | + 0.25% | + 1.00% |
| 2003 | 2 | 141.21 | + 0.36% | + 1.42% |
| 2003 | 3 | 141.78 | + 0.40% | + 1.61% |
| 2003 | 4 | 142.44 | + 0.47% | + 1.86% |
If you need information on Hard Money Rehab Loans in Bingham Canyon, Utah look at 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 $103,000.00 in 2000, you could multiply by + 9.84%, add the gain and see the home should be worth $113,134.79 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Salt-Lake-City-UT from 2000 to 2003:
+ 2.46%
Appreciation Comparisons
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 .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
Zip Code in MSA: 84006 - BINGHAM CANYON, UT
MSA Pop: 1005232Zip Pop: 726
Avg Value: 116200
County: SALT LAKE
Elev: 4260
Region: West
Lat: 40.533333
Long: -112.15