Real Estate Appreciation for Springfield, Massachusettes: + 86.44%
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 + 86.44% (+ 21.61% yearly).
All of the property in MA averaged + 66.25% change in value (+ 16.56% 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% |
| 1988 | 1 | 109.67 | + 2.71% | + 10.83% |
| 1988 | 2 | 112.33 | + 2.43% | + 9.70% |
| 1988 | 3 | 114.87 | + 2.26% | + 9.04% |
| 1988 | 4 | 116.21 | + 1.17% | + 4.67% |
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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 $73,000.00 in 1985, you could multiply by + 86.44%, add the gain and see the home should be worth $136,103.48 in 1988. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Springfield-MA from 1985 to 1988:
+ 21.61%
Appreciation Comparisons
The top 5 performing MSAs from 1985 to 1988 were Providence-New-Bedford-Fall-River-RI-MA, Springfield-MA, New-Haven-Milford-CT, Hartford-West-Hartford-East-Hartford-CT, and Poughkeepsie-Newburgh-Middletown-NY .
- Providence-New-Bedford-Fall-River-RI-MA increased + 92.26% from 1985 to the end of 1988
- Springfield-MA increased + 86.44% from 1985 to the end of 1988
- New-Haven-Milford-CT increased + 85.97% from 1985 to the end of 1988
- Hartford-West-Hartford-East-Hartford-CT increased + 85.67% from 1985 to the end of 1988
- Poughkeepsie-Newburgh-Middletown-NY increased + 78.43% from 1985 to the end of 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