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 + 20.27% (+ 5.07% yearly).

All of the property in MA averaged + 1.25% change in value (+ 0.31% yearly).

Springfield-MA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
1990 1 116.45 - 0.90% - 3.61%
1990 2 113.36 - 2.65% - 10.61%
1990 3 113.03 - 0.29% - 1.16%
1990 4 111.38 - 1.46% - 5.84%


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

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans 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 $77,000.00 in 1987, you could multiply by + 20.27%, add the gain and see the home should be worth $92,606.20 in 1990. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Springfield-MA from 1987 to 1990:
+ 5.07%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1987 to 1990 were Austin-Round-Rock-TX, Abilene-TX, San-Antonio-TX, Killeen-Temple-Fort-Hood-TX, and Amarillo-TX .

  1. Austin-Round-Rock-TX decreased by - 22.17% between 1987 and 1990
  2. Abilene-TX decreased by - 19.24% between 1987 and 1990
  3. San-Antonio-TX decreased by - 17.03% between 1987 and 1990
  4. Killeen-Temple-Fort-Hood-TX decreased by - 15.56% between 1987 and 1990
  5. Amarillo-TX decreased by - 13.17% between 1987 and 1990

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

Zip Code in MSA: 1002 - AMHERST, MA

MSA Pop: 688495
Zip Pop: 36794
Avg Value: 177600
County: HAMPSHIRE
Elev: 140
Region: Northeast
Lat: 42.37686
Long: -72.46914