Real Estate Appreciation for Salt Lake City, Utah: + 48.07%
Appreciation for MSAs:.
Let's start by comparing Salt Lake City, Utah to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 48.07% (+ 9.61% yearly) for the Salt Lake City, Utah MSA.
The entire state of UT had + 39.23% appreciation (+ 7.85% yearly).
The Salt Lake City, Utah MSA beat out the state. by + 22.54% appreciation.
Salt-Lake-City-UT
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
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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 $108,000.00 in 2002, you could multiply by + 48.07%, add the gain and see the home should be worth $159,912.85 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Salt-Lake-City-UT from 2002 to 2006:
+ 9.61%
Appreciation Comparisons
The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .
- Casper-WY lost - 42.34% from 1983 to 1987
- Lafayette-LA lost - 39.59% from 1983 thru 1987
- Lafayette-LA lost - 37.20% from 1984 thru 1988
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
The top 5 performing MSAs from 2002 to 2006 were Bakersfield-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, Fresno-CA, and Naples-Marco-Island-FL .
- Bakersfield-CA increased +135.54% from 2002 to the end of 2006
- Madera-CA increased +131.62% from 2002 to the end of 2006
- Riverside-San-Bernardino-Ontario-CA increased +130.28% from 2002 to the end of 2006
- Fresno-CA increased +126.76% from 2002 to the end of 2006
- Naples-Marco-Island-FL increased +121.87% from 2002 to the end of 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