| Boston, MA - House Price Index (HPI) - 30 Year Chart |
| Boston Real Estate Market & Home Price Forecast |
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The House Price Index (HPI) shows changes in Boston-Quincy, MA single family home prices in
logarithmic scale. The March, 1995 index value equals 100. Updated Friday, December 21, 2012.
See real estate forecasts, analysis, statistics and appreciation rates below.
logarithmic scale. The March, 1995 index value equals 100. Updated Friday, December 21, 2012.
See real estate forecasts, analysis, statistics and appreciation rates below.
| Boston Real Estate Index: 30 Year Chart Home Values Appreciation Rate - US Cities |
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Boston Real Estate Market: Trend, Analysis & Statistics
1/1980 1/1985 1/1990 1/1995 1/2000 1/2005 1/2010
Commentary 13150
4th Quarter, 2012 Housing Statistics: Boston, Massachusetts
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
Forecast Accuracy: 80%
Forecast-Chart.com publishes forecasts for the trend in home prices in 380
Metropolitan Statistical Areas. The House Price Trend will be either UP or
DOWN. The forecast for the trend in the Boston housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Boston is 80%. In other words, when tested against historical data,
the forecasting methodology was correct 80% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Boston is 80% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 4th Quarter of 2013 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Boston Real
Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 81%
The forecast for the trend in the Boston housing market for the 3 years ending
with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast for
Boston is 81%. In other words, when tested against historical data, the
forecasting methodology was correct 81% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Boston is 81% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 4th Quarter of 2015 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Boston Real
Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Boston, Massachusetts
Historical Home Price Appreciation
Last Quarter 0.30%
Last Year . . . . . . . . . . . . . . . . . . . . 0.6%
Last 5 Years -10%
Last 10 Years . . . . . . . . . . . . . . . . . 11%
Last 20 Years 130%
Decline From All Time High 15.42%
Annual Home Price Appreciation Rates
1983 19.06%
1984 20.37%
1985 29.97%
1986 20.52%
1987 9.91%
1988 3.16%
1989 -0.15%
1990 -8.21%
1991 -2.47%
1992 -0.76%
1993 0.96%
1994 -1.40%
1995 5.14%
1996 3.80%
1997 5.99%
1998 8.61%
1999 13.79%
2000 14.96%
2001 11.94%
2002 13.50%
2003 11.01%
2004 10.81%
2005 6.24%
2006 -2.00%
2007 -4.35%
2008 -5.13%
2009 -4.08%
2010 0.28%
2011 -1.62%
2012 0.57%
Real Estate Appreciation, Rank & Percentile
Last Quarter 0.30% Rank: 214 of 381 (43rd Percentile)
Last Year . . . . . . . . . . . . . . . . 0.6% Rank: 169 of 381 (55th Percentile)
Last 5 Years -10% Rank: 193 of 381 (49th Percentile)
Last 10 Years . . . . . . . . . . . . 11% Rank: 262 of 381 (31st Percentile)
Last 20 Years 130% Rank: 25 of 368 (93rd Percentile)
Decline From All Time High 15.42%
Home Price appreciation rates for Boston-Quincy, MA are shown above for five
time periods. For example: Boston appreciated 0.30% in the Last Quarter. At
that rate, the Boston Real Estate Market was ranked 214th out of 381
metropolitan areas for Real Estate Appreciation. Boston was in the 43rd
percentile. So Boston, MA performed better in the Last Quarter than 43% of the
381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Boston, Massachusetts
The data and analysis on this page pertains to Boston-Quincy, MA, hereinafter
referred to as "Boston". The all time high in the Boston Home Price Index was
272.0 in the 1st Quarter, of 2006. The 4th Quarter, 2012 index value was
230.1. That's a decline of 41.96 points or 15.42% below the Boston Home Price
Index all time high. The Home Price Index indicates that the Boston Market is
up 11% over the last 10 years. Home prices in the Boston Real Estate Market
have gained 0.57% over the last 12 months. Over the last thirty years, it is up
419%.
The 4th Quarter index value was 0.68 points higher than the 3rd Quarter, 2012
index value of 229.39, resulting in a 0.30% rise in the 4th Quarter for the
Boston Market.
The Boston Home Price Index has increased for the last 2 consecutive quarters.
The current record holder for consecutive increases in the Home Price Index is
Bismarck, ND, with increases in the last 11 consecutive quarters. The current
record holder for consecutive declines in the Home Price Index is Tallahassee,
FL, with declines in the last 5 consecutive quarters.
The highest annual home appreciation rate in the Boston Real Estate Market
was 30% in the twelve months ended with the 4th Quarter of 1985. The worst
annual home appreciation rate in the Boston Market was -8% in the twelve
months ended with the 4th Quarter of 1990.
The highest home appreciation in the Boston Real Estate Market over a three
year period was 91% in the three years ended with the 1st Quarter of 1987.
The worst home appreciation over a three year period in the Boston Market was
-13% in the three years ended with the 3rd Quarter of 2009.
This page provides a long term graph of the Boston Home Price Index (above).
For information about Massachusetts home values, look at the links under that
chart. One link opens a forecast for home appreciation rates in the state of
Massachusetts. Another link opens the home price index chart for
Massachusetts. Just one glance at Forecast-Chart.com's long term charts can
provide tremendous insight into the historical trends of residential property
values. Bookmark this page! Then Forecast-Chart.com's detailed research and
statistics about Boston Home Prices will be at your fingertips when you need
them.
Historical data on the Boston Home Price Index is available back to the 1st
Quarter, of 1978. All calculations are based on the quarterly value of the House
Price Index for the Boston Market. The terms House Price Index and Home Price
Index, as used in this site, refer to the Federal Housing Finance Agency (FHFA)
House Price Index.
Significant time is required to research quarterly sales price and appraisal data
from mortgage transactions in the Boston Real Estate Market and hundreds of
other cities. As a result, Home Price data is not available for a number of
months after the end of each quarter.
Part 4: APPRECIATION RATES & RANKINGS
4th Quarter, 2012 Housing Data: Boston, Massachusetts
The appreciation of Boston Home Prices relative to 380 other metropolitan
areas is detailed below. Each metropolitan area contains one or more cities.
Five different time periods are reviewed. Each paragraph identifies the top and
bottom performing markets as well as the average and median performance for
all cities during each time period. The data and analysis on this page pertains
to Boston-Quincy, MA, hereinafter referred to as "Boston".
Last Quarter:
During the 4th Quarter of 2012, Boston Home Prices had a rank of 214, with
appreciation of 0.30%. The top performing real estate market during the 4th
Quarter was Bismarck, ND, with appreciation of 4.55%. The worst market during
that period was Hattiesburg, MS, with appreciation of -4.02%.
The median appreciation for all cities during the 4th Quarter was 0.47%. The
average appreciation for all markets during the quarter was 0.54%.
Last Year:
During the last 12 months, Boston Home Prices had a rank of 169, with
appreciation during the year of 0.57%. The top performing market during the
last year was Bismarck, ND, with appreciation of 13.4%. The worst real estate
market during that period was Gainesville, FL, with appreciation of -6.8%.
The median appreciation for all markets during this period was 0.27%. The
average appreciation was 0.31%.
Last 5 Years:
Over the 5 years ended with the 4th Quarter of 2012, Boston Home Prices
ranked 193, with a total appreciation of -9.7%. The top performing real estate
market during the 5 year period was Bismarck, ND, with appreciation of 24%.
The worst market during that period was Las Vegas, NV, with appreciation of
-54%.
The median appreciation for all cities during this time period was -9%. The
average appreciation over the 5 years was -12%.
Last 10 Years:
During the 10 years ended in the 4th Quarter of 2012, Boston Home Prices had
a rank of 262, with appreciation during the decade of 11%. The top performing
market during the period was Midland, TX, with appreciation of 104%. The worst
real estate market during the 10 year time period was Detroit, MI, with
appreciation of -31%.
The median appreciation for all markets during the last 10 years was 18%. The
average appreciation for the cities over that time frame was 18%.
Last 20 Years:
During the 20 years ended in the 4th Quarter of 2012, Boston Home Prices had
a rank of 25, with total appreciation over the 20 year period of 130%. The top
performing real estate market during the period was Casper, WY, with
appreciation of 210%. The worst market during the last 20 years was Las
Vegas, NV, with appreciation of 7%.
The median appreciation for all cities during the last 20 years was 78%. The
average appreciation for the markets over that time frame was 80%.
Historical research data on the Home Price Index for the Boston Real Estate
Market is available back to the 1st Quarter, of 1978. All calculations are based
on the quarterly value of the House Price Index for Boston. Real estate
appreciation figures represent total appreciation over each time period. (Unless
specifically stated, the appreciation figures do not represent annual or quarterly
rates of appreciation.)
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
SignalTrend Inc. 2008 - 2012, All Rights Reserved
4th Quarter, 2012 Housing Statistics: Boston, Massachusetts
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
Forecast Accuracy: 80%
Forecast-Chart.com publishes forecasts for the trend in home prices in 380
Metropolitan Statistical Areas. The House Price Trend will be either UP or
DOWN. The forecast for the trend in the Boston housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Boston is 80%. In other words, when tested against historical data,
the forecasting methodology was correct 80% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Boston is 80% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 4th Quarter of 2013 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Boston Real
Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 81%
The forecast for the trend in the Boston housing market for the 3 years ending
with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast for
Boston is 81%. In other words, when tested against historical data, the
forecasting methodology was correct 81% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Boston is 81% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 4th Quarter of 2015 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Boston Real
Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Boston, Massachusetts
Historical Home Price Appreciation
Last Quarter 0.30%
Last Year . . . . . . . . . . . . . . . . . . . . 0.6%
Last 5 Years -10%
Last 10 Years . . . . . . . . . . . . . . . . . 11%
Last 20 Years 130%
Decline From All Time High 15.42%
Annual Home Price Appreciation Rates
1983 19.06%
1984 20.37%
1985 29.97%
1986 20.52%
1987 9.91%
1988 3.16%
1989 -0.15%
1990 -8.21%
1991 -2.47%
1992 -0.76%
1993 0.96%
1994 -1.40%
1995 5.14%
1996 3.80%
1997 5.99%
1998 8.61%
1999 13.79%
2000 14.96%
2001 11.94%
2002 13.50%
2003 11.01%
2004 10.81%
2005 6.24%
2006 -2.00%
2007 -4.35%
2008 -5.13%
2009 -4.08%
2010 0.28%
2011 -1.62%
2012 0.57%
Real Estate Appreciation, Rank & Percentile
Last Quarter 0.30% Rank: 214 of 381 (43rd Percentile)
Last Year . . . . . . . . . . . . . . . . 0.6% Rank: 169 of 381 (55th Percentile)
Last 5 Years -10% Rank: 193 of 381 (49th Percentile)
Last 10 Years . . . . . . . . . . . . 11% Rank: 262 of 381 (31st Percentile)
Last 20 Years 130% Rank: 25 of 368 (93rd Percentile)
Decline From All Time High 15.42%
Home Price appreciation rates for Boston-Quincy, MA are shown above for five
time periods. For example: Boston appreciated 0.30% in the Last Quarter. At
that rate, the Boston Real Estate Market was ranked 214th out of 381
metropolitan areas for Real Estate Appreciation. Boston was in the 43rd
percentile. So Boston, MA performed better in the Last Quarter than 43% of the
381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Boston, Massachusetts
The data and analysis on this page pertains to Boston-Quincy, MA, hereinafter
referred to as "Boston". The all time high in the Boston Home Price Index was
272.0 in the 1st Quarter, of 2006. The 4th Quarter, 2012 index value was
230.1. That's a decline of 41.96 points or 15.42% below the Boston Home Price
Index all time high. The Home Price Index indicates that the Boston Market is
up 11% over the last 10 years. Home prices in the Boston Real Estate Market
have gained 0.57% over the last 12 months. Over the last thirty years, it is up
419%.
The 4th Quarter index value was 0.68 points higher than the 3rd Quarter, 2012
index value of 229.39, resulting in a 0.30% rise in the 4th Quarter for the
Boston Market.
The Boston Home Price Index has increased for the last 2 consecutive quarters.
The current record holder for consecutive increases in the Home Price Index is
Bismarck, ND, with increases in the last 11 consecutive quarters. The current
record holder for consecutive declines in the Home Price Index is Tallahassee,
FL, with declines in the last 5 consecutive quarters.
The highest annual home appreciation rate in the Boston Real Estate Market
was 30% in the twelve months ended with the 4th Quarter of 1985. The worst
annual home appreciation rate in the Boston Market was -8% in the twelve
months ended with the 4th Quarter of 1990.
The highest home appreciation in the Boston Real Estate Market over a three
year period was 91% in the three years ended with the 1st Quarter of 1987.
The worst home appreciation over a three year period in the Boston Market was
-13% in the three years ended with the 3rd Quarter of 2009.
This page provides a long term graph of the Boston Home Price Index (above).
For information about Massachusetts home values, look at the links under that
chart. One link opens a forecast for home appreciation rates in the state of
Massachusetts. Another link opens the home price index chart for
Massachusetts. Just one glance at Forecast-Chart.com's long term charts can
provide tremendous insight into the historical trends of residential property
values. Bookmark this page! Then Forecast-Chart.com's detailed research and
statistics about Boston Home Prices will be at your fingertips when you need
them.
Historical data on the Boston Home Price Index is available back to the 1st
Quarter, of 1978. All calculations are based on the quarterly value of the House
Price Index for the Boston Market. The terms House Price Index and Home Price
Index, as used in this site, refer to the Federal Housing Finance Agency (FHFA)
House Price Index.
Significant time is required to research quarterly sales price and appraisal data
from mortgage transactions in the Boston Real Estate Market and hundreds of
other cities. As a result, Home Price data is not available for a number of
months after the end of each quarter.
Part 4: APPRECIATION RATES & RANKINGS
4th Quarter, 2012 Housing Data: Boston, Massachusetts
The appreciation of Boston Home Prices relative to 380 other metropolitan
areas is detailed below. Each metropolitan area contains one or more cities.
Five different time periods are reviewed. Each paragraph identifies the top and
bottom performing markets as well as the average and median performance for
all cities during each time period. The data and analysis on this page pertains
to Boston-Quincy, MA, hereinafter referred to as "Boston".
Last Quarter:
During the 4th Quarter of 2012, Boston Home Prices had a rank of 214, with
appreciation of 0.30%. The top performing real estate market during the 4th
Quarter was Bismarck, ND, with appreciation of 4.55%. The worst market during
that period was Hattiesburg, MS, with appreciation of -4.02%.
The median appreciation for all cities during the 4th Quarter was 0.47%. The
average appreciation for all markets during the quarter was 0.54%.
Last Year:
During the last 12 months, Boston Home Prices had a rank of 169, with
appreciation during the year of 0.57%. The top performing market during the
last year was Bismarck, ND, with appreciation of 13.4%. The worst real estate
market during that period was Gainesville, FL, with appreciation of -6.8%.
The median appreciation for all markets during this period was 0.27%. The
average appreciation was 0.31%.
Last 5 Years:
Over the 5 years ended with the 4th Quarter of 2012, Boston Home Prices
ranked 193, with a total appreciation of -9.7%. The top performing real estate
market during the 5 year period was Bismarck, ND, with appreciation of 24%.
The worst market during that period was Las Vegas, NV, with appreciation of
-54%.
The median appreciation for all cities during this time period was -9%. The
average appreciation over the 5 years was -12%.
Last 10 Years:
During the 10 years ended in the 4th Quarter of 2012, Boston Home Prices had
a rank of 262, with appreciation during the decade of 11%. The top performing
market during the period was Midland, TX, with appreciation of 104%. The worst
real estate market during the 10 year time period was Detroit, MI, with
appreciation of -31%.
The median appreciation for all markets during the last 10 years was 18%. The
average appreciation for the cities over that time frame was 18%.
Last 20 Years:
During the 20 years ended in the 4th Quarter of 2012, Boston Home Prices had
a rank of 25, with total appreciation over the 20 year period of 130%. The top
performing real estate market during the period was Casper, WY, with
appreciation of 210%. The worst market during the last 20 years was Las
Vegas, NV, with appreciation of 7%.
The median appreciation for all cities during the last 20 years was 78%. The
average appreciation for the markets over that time frame was 80%.
Historical research data on the Home Price Index for the Boston Real Estate
Market is available back to the 1st Quarter, of 1978. All calculations are based
on the quarterly value of the House Price Index for Boston. Real estate
appreciation figures represent total appreciation over each time period. (Unless
specifically stated, the appreciation figures do not represent annual or quarterly
rates of appreciation.)
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
SignalTrend Inc. 2008 - 2012, All Rights Reserved
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