Real Estate Appreciation for Springfield, Massachusettes: + 60.49%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Springfield, Massachusettes: + 60.49%
- State of MA: + 31.17%
- Difference: + 94.05%
Springfield-MA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1989 | 1 | 116.08 | - 0.11% | - 0.45% |
| 1989 | 2 | 115.39 | - 0.59% | - 2.38% |
| 1989 | 3 | 116.89 | + 1.30% | + 5.20% |
| 1989 | 4 | 117.51 | + 0.53% | + 2.12% |
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 $75,000.00 in 1986, you could multiply by + 60.49%, add the gain and see the home should be worth $120,366.70 in 1989. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Springfield-MA from 1986 to 1989:
+ 15.12%
Appreciation Comparisons
The top 5 performing MSAs from 1986 to 1989 were San-Jose-Sunnyvale-Santa-Clara-CA, Oxnard-Thousand-Oaks-Ventura-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, and Honolulu-HI .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 84.41% from 1986 to the end of 1989
- Oxnard-Thousand-Oaks-Ventura-CA increased + 81.28% from 1986 to the end of 1989
- Santa-Cruz-Watsonville-CA increased + 80.63% from 1986 to the end of 1989
- Santa-Rosa-Petaluma-CA increased + 71.01% from 1986 to the end of 1989
- Honolulu-HI increased + 70.40% from 1986 to the end of 1989
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