Real Estate Appreciation for Syracuse, New York: - 5.49%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Syracuse, New York MSA appreciation it was - 5.49% (- 1.37% yearly) from 1994 to 1997.
During the same time period, NY had + 2.27% (+ 0.57% yearly).
From 1994 to 1997, New York outperformed the individual Syracuse, New York MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Syracuse-NY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1994 | 2 | 105.75 | - 2.26% | - 9.02% |
| 1994 | 3 | 105.49 | - 0.25% | - 0.98% |
| 1994 | 4 | 102.84 | - 2.51% | - 10.05% |
| 1995 | 1 | 100 | - 2.76% | - 11.05% |
| 1995 | 2 | 101.89 | + 1.89% | + 7.56% |
| 1995 | 3 | 102.39 | + 0.49% | + 1.96% |
| 1995 | 4 | 102.6 | + 0.21% | + 0.82% |
| 1996 | 1 | 103.27 | + 0.65% | + 2.61% |
| 1996 | 2 | 102.29 | - 0.95% | - 3.80% |
| 1996 | 3 | 101.72 | - 0.56% | - 2.23% |
| 1996 | 4 | 99.32 | - 2.36% | - 9.44% |
| 1997 | 1 | 99.49 | + 0.17% | + 0.68% |
| 1997 | 2 | 100.88 | + 1.40% | + 5.59% |
| 1997 | 3 | 100.72 | - 0.16% | - 0.63% |
| 1997 | 4 | 102.25 | + 1.52% | + 6.08% |
Some of the ways peope use our appreciation data for Syracuse, New York include real estate investment .
Lets look at Baldwinsville, New York, a city located in Syracuse, New York 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 New York check out Spec-Loan.com
If you were going to do a Baldwinsville, New York Refinance, or Baldwinsville, New York Reverse Mortgages, you could estimate your home value.
If you knew your Baldwinsville, New York home was worth $91,000.00 in 1994, you could multiply by - 5.49%, add the gain and see the home should be worth $86,003.79 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Syracuse-NY from 1994 to 1997:
- 1.37%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 1997 were Ogden-Clearfield-UT, Salt-Lake-City-UT, Provo-Orem-UT, Logan-UT-ID, and Portland-Vancouver-Beaverton-OR-WA .
- Ogden-Clearfield-UT increased + 41.78% from 1994 to the end of 1997
- Salt-Lake-City-UT increased + 41.49% from 1994 to the end of 1997
- Provo-Orem-UT increased + 38.70% from 1994 to the end of 1997
- Logan-UT-ID increased + 35.30% from 1994 to the end of 1997
- Portland-Vancouver-Beaverton-OR-WA increased + 34.77% from 1994 to the end of 1997
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
Zip Code in MSA: 13027 - BALDWINSVILLE, NY
MSA Pop: 654194Zip Pop: 29108
Avg Value: 90100
County: ONONDAGA
Elev: 398
Region: Northeast
Lat: 43.165123
Long: -76.336561