Real Estate Appreciation for Syracuse, New York: + 2.98%
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.
- Syracuse, New York: + 2.98%
- State of NY: + 15.20%
- Difference: - 80.38%
Syracuse-NY
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 1998 | 1 | 103.81 | + 1.53% | + 6.10% |
| 1998 | 2 | 104.07 | + 0.25% | + 1.00% |
| 1998 | 3 | 104.22 | + 0.14% | + 0.58% |
| 1998 | 4 | 105.77 | + 1.49% | + 5.95% |
| 1999 | 1 | 105.94 | + 0.16% | + 0.64% |
| 1999 | 2 | 105.16 | - 0.74% | - 2.95% |
| 1999 | 3 | 105.59 | + 0.41% | + 1.64% |
| 1999 | 4 | 106.35 | + 0.72% | + 2.88% |
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 $95,000.00 in 1996, you could multiply by + 2.98%, add the gain and see the home should be worth $97,833.35 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Syracuse-NY from 1996 to 1999:
+ 0.75%
Appreciation Comparisons
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