Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Springfield, Massachusettes MSA appreciated - 0.56% (- 0.11% yearly) between 1993 and the end of 1997.

The state of MA had + 13.65% total appreciation (+ 2.73% yearly). The state average for Massachusettes was higher than the real estate appreciation in the Springfield, Massachusettes MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated -2524.54% faster than this MSA.

Springfield-MA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1994-1997 Quarterly Detailed Appreciation


Some of the ways peope use our appreciation data for Springfield, Massachusettes include real estate investment .

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

Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $90,000.00 in 1993, you could multiply by - 0.56%, add the gain and see the home should be worth $89,493.48 in 1997. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Springfield-MA from 1993 to 1997:
- 0.11%

Appreciation Comparisons

The top 5 performing MSAs from 1993 to 1997 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Provo-Orem-UT, Greeley-CO, and Logan-UT-ID .

  1. Salt-Lake-City-UT increased + 64.90% from 1993 to the end of 1997
  2. Ogden-Clearfield-UT increased + 62.08% from 1993 to the end of 1997
  3. Provo-Orem-UT increased + 61.72% from 1993 to the end of 1997
  4. Greeley-CO increased + 50.51% from 1993 to the end of 1997
  5. Logan-UT-ID increased + 49.89% from 1993 to the end of 1997

In contrast, the worst 5 MSAs from 1993 to 1997 were Honolulu-HI, Riverside-San-Bernardino-Ontario-CA, Utica-Rome-NY, Binghamton-NY, and Kingston-NY .

  1. Honolulu-HI decreased by - 13.29% between 1993 and 1997
  2. Riverside-San-Bernardino-Ontario-CA decreased by - 12.51% between 1993 and 1997
  3. Utica-Rome-NY decreased by - 11.75% between 1993 and 1997
  4. Binghamton-NY decreased by - 11.36% between 1993 and 1997
  5. Kingston-NY decreased by - 7.89% between 1993 and 1997

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