| Chico, CA - House Price Index (HPI) - 29 Year Chart |
| Chico Real Estate Market & Home Price Forecast |
| 100 |
| 1000 |
The House Price Index (HPI) changes in Chico, CA single family home prices in logarithmic scale.
The March, 1995 index value equals 100. Updated Friday, December 28, 2012. See Real estate
forecasts, analysis, statistics and appreciation rates below.
The March, 1995 index value equals 100. Updated Friday, December 28, 2012. See Real estate
forecasts, analysis, statistics and appreciation rates below.
| Chico Real Estate Index: 29 Year Chart Home Values Appreciation Rate - US Cities |
| 10 |
Chico Real Estate Market: Trend, Analysis & Statistics
1/1980 1/1985 1/1990 1/1995 1/2000 1/2005 1/2010
Commentary 13176
4th Quarter, 2012 Housing Statistics: Chico, California
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 Chico housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Chico 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
Chico 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 Chico Real
Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 72%
The forecast for the trend in the Chico housing market for the 3 years ending
with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast for
Chico is 72%. In other words, when tested against historical data, the
forecasting methodology was correct 72% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Chico is 72% 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 Chico Real
Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Chico, California
Historical Home Price Appreciation
Last Quarter 1.77%
Last Year . . . . . . . . . . . . . . . . . . . . 0.6%
Last 5 Years -29%
Last 10 Years . . . . . . . . . . . . . . . . . 10%
Last 20 Years 70%
Decline From All Time High 35.77%
Annual Home Price Appreciation Rates
1983 -15.73%
1984 3.50%
1985 0.31%
1986 5.34%
1987 -0.03%
1988 4.82%
1989 18.00%
1990 16.18%
1991 4.17%
1992 0.61%
1993 0.25%
1994 -2.51%
1995 2.40%
1996 -1.60%
1997 3.37%
1998 1.98%
1999 1.93%
2000 12.60%
2001 11.28%
2002 16.61%
2003 18.07%
2004 20.07%
2005 18.26%
2006 -0.15%
2007 -7.03%
2008 -12.05%
2009 -8.74%
2010 -6.76%
2011 -6.05%
2012 0.58%
Real Estate Appreciation, Rank & Percentile
Last Quarter 1.77% Rank: 62 of 381 (83rd Percentile)
Last Year . . . . . . . . . . . . . . . . 0.6% Rank: 168 of 381 (56th Percentile)
Last 5 Years -29% Rank: 329 of 381 (13th Percentile)
Last 10 Years . . . . . . . . . . . . 10% Rank: 266 of 381 (30th Percentile)
Last 20 Years 70% Rank: 225 of 368 (38th Percentile)
Decline From All Time High 35.77%
Home Price appreciation rates for Chico, CA are shown above for five time
periods. For example: Chico appreciated 1.77% in the Last Quarter. At that
rate, the Chico Real Estate Market was ranked 62nd out of 381 metropolitan
areas for Real Estate Appreciation. Chico was in the 83rd percentile. So Chico,
CA performed better in the Last Quarter than 83% of the 381 metropolitan
areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Chico, California
The all time high in the Chico Home Price Index was 270.8 in the 2nd Quarter,
of 2006. The 4th Quarter, 2012 index value was 173.9. That's a decline of
96.86 points or 35.77% below the Chico Home Price Index all time high. The
Home Price Index indicates that the Chico Market is up 10% over the last 10
years. Home prices in the Chico Real Estate Market have gained 0.58% over
the last 12 months. Over the last thirty years, it is up 136%.
The 4th Quarter index value was 3.03 points higher than the 3rd Quarter, 2012
index value of 170.86, resulting in a 1.77% rise in the 4th Quarter for the Chico
Market.
The Chico 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 Chico Real Estate Market
was 23% in the twelve months ended with the 3rd Quarter of 2004. The worst
annual home appreciation rate in the Chico Market was -16% in the twelve
months ended with the 4th Quarter of 1983.
The highest home appreciation in the Chico Real Estate Market over a three
year period was 68% in the three years ended with the 3rd Quarter of 2005.
The worst home appreciation over a three year period in the Chico Market was
-28% in the three years ended with the 1st Quarter of 2010.
This page provides a long term graph of the Chico Home Price Index (above).
For information about California home values, look at the links under that chart.
One link opens a forecast for home appreciation rates in the state of California.
Another link opens the home price index chart for California. 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 Chico Home Prices
will be at your fingertips when you need them.
Historical data on the Chico Home Price Index is available back to the 3rd
Quarter, of 1979. All calculations are based on the quarterly value of the House
Price Index for the Chico 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 Chico 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: Chico, California
The appreciation of Chico 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.
Last Quarter:
During the 4th Quarter of 2012, Chico Home Prices had a rank of 62, with
appreciation of 1.77%. 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, Chico Home Prices had a rank of 168, with
appreciation during the year of 0.58%. 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, Chico Home Prices
ranked 329, with a total appreciation of -29.3%. 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, Chico Home Prices had
a rank of 266, with appreciation during the decade of 10%. 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, Chico Home Prices had
a rank of 225, with total appreciation over the 20 year period of 70%. 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 Chico Real Estate
Market is available back to the 3rd Quarter, of 1979. All calculations are based
on the quarterly value of the House Price Index for Chico. 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: Chico, California
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 Chico housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Chico 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
Chico 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 Chico Real
Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 72%
The forecast for the trend in the Chico housing market for the 3 years ending
with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast for
Chico is 72%. In other words, when tested against historical data, the
forecasting methodology was correct 72% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Chico is 72% 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 Chico Real
Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Chico, California
Historical Home Price Appreciation
Last Quarter 1.77%
Last Year . . . . . . . . . . . . . . . . . . . . 0.6%
Last 5 Years -29%
Last 10 Years . . . . . . . . . . . . . . . . . 10%
Last 20 Years 70%
Decline From All Time High 35.77%
Annual Home Price Appreciation Rates
1983 -15.73%
1984 3.50%
1985 0.31%
1986 5.34%
1987 -0.03%
1988 4.82%
1989 18.00%
1990 16.18%
1991 4.17%
1992 0.61%
1993 0.25%
1994 -2.51%
1995 2.40%
1996 -1.60%
1997 3.37%
1998 1.98%
1999 1.93%
2000 12.60%
2001 11.28%
2002 16.61%
2003 18.07%
2004 20.07%
2005 18.26%
2006 -0.15%
2007 -7.03%
2008 -12.05%
2009 -8.74%
2010 -6.76%
2011 -6.05%
2012 0.58%
Real Estate Appreciation, Rank & Percentile
Last Quarter 1.77% Rank: 62 of 381 (83rd Percentile)
Last Year . . . . . . . . . . . . . . . . 0.6% Rank: 168 of 381 (56th Percentile)
Last 5 Years -29% Rank: 329 of 381 (13th Percentile)
Last 10 Years . . . . . . . . . . . . 10% Rank: 266 of 381 (30th Percentile)
Last 20 Years 70% Rank: 225 of 368 (38th Percentile)
Decline From All Time High 35.77%
Home Price appreciation rates for Chico, CA are shown above for five time
periods. For example: Chico appreciated 1.77% in the Last Quarter. At that
rate, the Chico Real Estate Market was ranked 62nd out of 381 metropolitan
areas for Real Estate Appreciation. Chico was in the 83rd percentile. So Chico,
CA performed better in the Last Quarter than 83% of the 381 metropolitan
areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Chico, California
The all time high in the Chico Home Price Index was 270.8 in the 2nd Quarter,
of 2006. The 4th Quarter, 2012 index value was 173.9. That's a decline of
96.86 points or 35.77% below the Chico Home Price Index all time high. The
Home Price Index indicates that the Chico Market is up 10% over the last 10
years. Home prices in the Chico Real Estate Market have gained 0.58% over
the last 12 months. Over the last thirty years, it is up 136%.
The 4th Quarter index value was 3.03 points higher than the 3rd Quarter, 2012
index value of 170.86, resulting in a 1.77% rise in the 4th Quarter for the Chico
Market.
The Chico 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 Chico Real Estate Market
was 23% in the twelve months ended with the 3rd Quarter of 2004. The worst
annual home appreciation rate in the Chico Market was -16% in the twelve
months ended with the 4th Quarter of 1983.
The highest home appreciation in the Chico Real Estate Market over a three
year period was 68% in the three years ended with the 3rd Quarter of 2005.
The worst home appreciation over a three year period in the Chico Market was
-28% in the three years ended with the 1st Quarter of 2010.
This page provides a long term graph of the Chico Home Price Index (above).
For information about California home values, look at the links under that chart.
One link opens a forecast for home appreciation rates in the state of California.
Another link opens the home price index chart for California. 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 Chico Home Prices
will be at your fingertips when you need them.
Historical data on the Chico Home Price Index is available back to the 3rd
Quarter, of 1979. All calculations are based on the quarterly value of the House
Price Index for the Chico 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 Chico 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: Chico, California
The appreciation of Chico 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.
Last Quarter:
During the 4th Quarter of 2012, Chico Home Prices had a rank of 62, with
appreciation of 1.77%. 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, Chico Home Prices had a rank of 168, with
appreciation during the year of 0.58%. 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, Chico Home Prices
ranked 329, with a total appreciation of -29.3%. 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, Chico Home Prices had
a rank of 266, with appreciation during the decade of 10%. 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, Chico Home Prices had
a rank of 225, with total appreciation over the 20 year period of 70%. 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 Chico Real Estate
Market is available back to the 3rd Quarter, of 1979. All calculations are based
on the quarterly value of the House Price Index for Chico. 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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