Appreciation for MSAs:.

The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.

If we analyze Springfield, Massachusettes MSA appreciation it was + 37.82% (+ 4.20% yearly) from 1994 to 2002.

During the same time period, MA had + 93.61% (+ 10.40% yearly). From 1994 to 2002, Massachusettes outperformed the individual Springfield, Massachusettes MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.

Springfield-MA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Springfield, Massachusettes .

Lets look at Belchertown, 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 Belchertown, Massachusettes check out Spec-Loan.com

If you were going to do a Belchertown, Massachusettes Refinance, or Belchertown, Massachusettes Reverse Mortgages, you could estimate your home value.

If you knew your Belchertown, Massachusettes home was worth $96,000.00 in 1994, you could multiply by + 37.82%, add the gain and see the home should be worth $132,304.50 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Springfield-MA from 1994 to 2002:
+ 4.20%

Appreciation Comparisons

The top 5 performing MSAs from 1994 to 2002 were Barnstable-Town-MA, San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Denver-Aurora-CO, and Salinas-CA .

  1. Barnstable-Town-MA increased +116.17% from 1994 to the end of 2002
  2. San-Jose-Sunnyvale-Santa-Clara-CA increased +112.59% from 1994 to the end of 2002
  3. Santa-Cruz-Watsonville-CA increased +104.39% from 1994 to the end of 2002
  4. Denver-Aurora-CO increased + 98.00% from 1994 to the end of 2002
  5. Salinas-CA increased + 93.56% from 1994 to the end of 2002

Zip Code in MSA: 1007 - BELCHERTOWN, MA

MSA Pop: 688495
Zip Pop: 13017
Avg Value: 142400
County: HAMPSHIRE
Elev: 140
Region: Northeast
Lat: 42.278884
Long: -72.410245