Real Estate Appreciation for Springfield, Massachusettes: + 71.31%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Springfield, Massachusettes did compared to the state as a whole.
The Springfield, Massachusettes MSA property value change was + 71.31% (+ 23.77% yearly).
All of the property in MA averaged + 61.06% change in value (+ 20.35% yearly).
Springfield-MA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1985 | 2 | 65.56 | + 5.18% | + 20.73% |
| 1985 | 3 | 67.88 | + 3.54% | + 14.15% |
| 1985 | 4 | 71.27 | + 4.99% | + 19.98% |
| 1986 | 1 | 73.22 | + 2.74% | + 10.94% |
| 1986 | 2 | 77.09 | + 5.29% | + 21.14% |
| 1986 | 3 | 81.83 | + 6.15% | + 24.59% |
| 1986 | 4 | 88 | + 7.54% | + 30.16% |
| 1987 | 1 | 92.61 | + 5.24% | + 20.95% |
| 1987 | 2 | 96.77 | + 4.49% | + 17.97% |
| 1987 | 3 | 104.64 | + 8.13% | + 32.53% |
| 1987 | 4 | 106.78 | + 2.05% | + 8.18% |
If you need information on Hard Money Rehab Loans in Amherst, Massachusettes look at 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 $72,000.00 in 1985, you could multiply by + 71.31%, add the gain and see the home should be worth $123,346.06 in 1987. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Springfield-MA from 1985 to 1987:
+ 23.77%
Appreciation Comparisons
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
Zip Code in MSA: 1002 - AMHERST, MA
MSA Pop: 688495Zip Pop: 36794
Avg Value: 177600
County: HAMPSHIRE
Elev: 140
Region: Northeast
Lat: 42.37686
Long: -72.46914