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 Springfield, Massachusettes MSA appreciated +199.02% (+ 28.43% yearly) for the period between 1981 and the end of 1987.

The state had +170.57% total appreciation (+ 24.37% yearly). The Springfield, Massachusettes 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.

Springfield-MA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1984-1987 Quarterly Detailed Appreciation
1981-1984 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Springfield, Massachusettes .

Lets look at Amherst, Massachusettes, a city located in Springfield, Massachusettes MSA.

Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Amherst, Massachusettes check out Spec-Loan.com

If you were going to do a Amherst, Massachusettes Refinance, or Amherst, Massachusettes Reverse Mortgages, you could estimate your home value.

If you knew your Amherst, Massachusettes home was worth $68,000.00 in 1981, you could multiply by +199.02%, add the gain and see the home should be worth $203,333.52 in 1987. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Springfield-MA from 1981 to 1987:
+ 28.43%

Appreciation Comparisons

The worst 5 MSAs from 1981 to 1987 were Lafayette-LA, Davenport-Moline-Rock-Island-IA-IL, Houston-Sugar-Land-Baytown-TX, Longview-WA, and Boise-City-Nampa-ID .

  1. Lafayette-LA decreased by - 28.61% between 1981 and 1987
  2. Davenport-Moline-Rock-Island-IA-IL decreased by - 10.85% between 1981 and 1987
  3. Houston-Sugar-Land-Baytown-TX decreased by - 9.50% between 1981 and 1987
  4. Longview-WA decreased by - 7.33% between 1981 and 1987
  5. Boise-City-Nampa-ID decreased by - 5.99% between 1981 and 1987

For a 7 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Merced-CA, Naples-Marco-Island-FL, and Vallejo-Fairfield-CA .

  1. Salinas-CA increased +208.13% from 1999 thru 2005
  2. Springfield-MA increased +199.02% from 1981 thru 1987
  3. Merced-CA increased +193.70% from 1999 thru 2005
  4. Naples-Marco-Island-FL increased +186.53% from 1999 thru 2005
  5. Vallejo-Fairfield-CA increased +185.64% from 1999 thru 2005

The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .

  1. Lafayette-LA lost - 40.40% from 1982 to 1988
  2. Casper-WY lost - 35.78% from 1983 thru 1989
  3. Midland-TX lost - 32.81% from 1983 thru 1989
  4. Lafayette-LA lost - 32.70% from 1983 thru 1989
  5. Midland-TX lost - 31.48% from 1982 thru 1988

Zip Code in MSA: 1003 - AMHERST, MA

MSA Pop: 688495
Zip Pop: 0
Avg Value: 0
County: HAMPSHIRE
Elev: 140
Region: Northeast
Lat: 42.403878
Long: -72.52994