Cape Coral, FL - House Price Index (HPI) - 24 Year Chart
Cape Coral Real Estate Market & Home Price Forecast
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The House Price Index (HPI) shows changes in Cape Coral-Fort Myers, FL single family home prices
in
logarithmic scale. The March, 1995 index value equals 100.  Updated Friday, December 28, 2012.
Real estate forecasts, analysis, statistics and appreciation rates are provided below.
Cape Coral Real Estate Index: 24 Year Chart
Home Values Appreciation Rate - US Cities
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Cape Coral Real Estate Market: Trend, Analysis & Statistics
1/1980         1/1985        1/1990        1/1995        1/2000         1/2005        1/2010
Commentary  13164
4th Quarter, 2012 Housing Statistics: Cape Coral, Florida


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      76%

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 Cape Coral housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Cape Coral is 76%. In other words, when tested against historical
data, the forecasting methodology was correct 76% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Cape Coral is 76% 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 Cape Coral
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      81%

The forecast for the trend in the Cape Coral housing market for the 3 years
ending with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast
for Cape Coral 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
Cape Coral 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 Cape Coral
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Cape Coral, Florida


Historical Home Price Appreciation
Last Quarter                                     2.50%
Last Year . . . . . . . . . . . . . . . . . . . .  6.7%
Last 5 Years                                     -38%
Last 10 Years . . . . . . . . . . . . . . . . . -3%
Last 20 Years                                   51%
Decline From All Time High               50.02%


Annual Home Price Appreciation Rates
1983        n/a
1984      6.01%
1985      2.44%
1986      3.65%
1987      1.38%
1988      10.55%
1989      6.68%
1990      2.32%
1991      4.76%
1992      0.73%
1993      1.57%
1994      -1.62%
1995      4.05%
1996      -3.41%
1997      6.10%
1998      3.61%
1999      2.56%
2000      8.88%
2001      11.13%
2002      13.71%
2003      11.61%
2004      21.15%
2005      36.32%
2006      2.14%
2007      -17.30%
2008      -33.24%
2009      -10.49%
2010      0.76%
2011      -3.11%
2012      6.73%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              2.50%         Rank: 31 of 381 (92nd Percentile)
Last Year  . . . . . . . . . . . . . . . .  6.7%           Rank: 6 of 381 (98th Percentile)
Last 5 Years                              -38%           Rank: 352 of 381 (7th Percentile)
Last 10 Years  . . . . . . . . . . . .   -3%            Rank: 342 of 381 (10th Percentile)
Last 20 Years                            51%            Rank: 309 of 368 (16th Percentile)
Decline From All Time High        50.02%

Home Price appreciation rates for Cape Coral-Fort Myers, FL are shown above
for five time periods. For example: Cape Coral appreciated 2.50% in the Last
Quarter. At that rate, the Cape Coral Real Estate Market was ranked 31st out of
381 metropolitan areas for Real Estate Appreciation. Cape Coral was in the
92nd percentile. So Cape Coral, FL performed better in the Last Quarter than
92% of the 381 metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Cape Coral, Florida

The data and analysis on this page pertains to Cape Coral-Fort Myers, FL,
hereinafter referred to as "Cape Coral". The all time high in the Cape Coral
Home Price Index was 309.0 in the 2nd Quarter, of 2006. The 4th Quarter,
2012 index value was 154.4. That's a decline of 154.56 points or 50.02% below
the Cape Coral Home Price Index all time high.  The Home Price Index indicates
that the Cape Coral Market is down 3% over the last 10 years. Home prices in
the Cape Coral Real Estate Market have gained 6.73% over the last 12 months.

The 4th Quarter index value was 3.76 points higher than the 3rd Quarter, 2012
index value of 150.65, resulting in a 2.50% rise in the 4th Quarter for the Cape
Coral Market.

The Cape Coral Home Price Index has increased for the last 3 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 Cape Coral Real Estate
Market was 36% in the twelve months ended with the 4th Quarter of 2005. The
worst annual home appreciation rate in the Cape Coral Market was -33% in the
twelve months ended with the 4th Quarter of 2008.

The highest home appreciation in the Cape Coral Real Estate Market over a
three year period was 89% in the three years ended with the 1st Quarter of
2006. The worst home appreciation over a three year period in the Cape Coral
Market was -51% in the three years ended with the 4th Quarter of 2009.

This page provides a long term graph of the Cape Coral Home Price Index
(above). For information about Florida home values, look at the links under that
chart. One link opens a forecast for home appreciation rates in the state of
Florida. Another link opens the home price index chart for Florida. 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 Cape
Coral Home Prices will be at your fingertips when you need them.

Historical data on the Cape Coral Home Price Index is available back to the 3rd
Quarter, of 1984. All calculations are based on the quarterly value of the House
Price Index for the Cape Coral 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 Cape Coral 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: Cape Coral, Florida

The appreciation of Cape Coral 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 Cape Coral-Fort Myers, FL, hereinafter referred to as "Cape Coral".

Last Quarter:
During the 4th Quarter of 2012, Cape Coral Home Prices had a rank of 31, with
appreciation of 2.50%. 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, Cape Coral Home Prices had a rank of 6, with
appreciation during the year of 6.73%. 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, Cape Coral Home Prices
ranked 352, with a total appreciation of -37.7%. 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, Cape Coral Home Prices
had a rank of 342, with appreciation during the decade of -3%. 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, Cape Coral Home Prices
had a rank of 309, with total appreciation over the 20 year period of 51%. 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 Cape Coral Real
Estate Market is available back to the 3rd Quarter, of 1984. All calculations are
based on the quarterly value of the House Price Index for Cape Coral. 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.)




























































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