| Fort Smith, AR - House Price Index (HPI) - 23 Year Chart |
| Fort Smith Real Estate Market & Home Price Forecast |
| 100 |
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The House Price Index (HPI) shows changes in Fort Smith, AR-OK 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.
logarithmic scale. The March, 1995 index value equals 100. Updated Friday, December 28, 2012.
See Real estate forecasts, analysis, statistics and appreciation rates below.
| Fort Smith Real Estate Index: 23 Year Chart Home Values Appreciation Rate - US Cities |
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Fort Smith Real Estate Market: Trend, Analysis & Statistics
1/75 1/1980 1/1985 1/1990 1/1995 1/2000 1/2005 1/2010 1/15
Commentary 13231
4th Quarter, 2012 Housing Statistics: Fort Smith, Arkansas
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
Forecast Accuracy: 75%
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 Fort Smith housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Fort Smith is 75%. In other words, when tested against historical
data, the forecasting methodology was correct 75% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in Fort
Smith is 75% 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 Fort Smith
Real Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 81%
The forecast for the trend in the Fort Smith housing market for the 3 years
ending with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast
for Fort Smith 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 Fort
Smith 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 Fort Smith
Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Fort Smith, Arkansas
Historical Home Price Appreciation
Last Quarter 0.62%
Last Year . . . . . . . . . . . . . . . . . . . . 0.9%
Last 5 Years 1%
Last 10 Years . . . . . . . . . . . . . . . . . 23%
Last 20 Years 78%
Decline From All Time High 2.55%
Annual Home Price Appreciation Rates
1983 n/a
1984 n/a
1985 n/a
1986 4.53%
1987 -6.73%
1988 7.00%
1989 -0.44%
1990 -0.85%
1991 4.58%
1992 5.00%
1993 3.49%
1994 6.01%
1995 4.00%
1996 3.66%
1997 3.13%
1998 5.51%
1999 0.36%
2000 3.40%
2001 5.80%
2002 2.31%
2003 2.69%
2004 5.05%
2005 4.85%
2006 5.63%
2007 2.50%
2008 1.10%
2009 1.43%
2010 -2.10%
2011 -0.64%
2012 0.89%
Real Estate Appreciation, Rank & Percentile
Last Quarter 0.62% Rank: 169 of 381 (55th Percentile)
Last Year . . . . . . . . . . . . . . . . 0.9% Rank: 146 of 381 (61st Percentile)
Last 5 Years 1% Rank: 74 of 381 (80th Percentile)
Last 10 Years . . . . . . . . . . . . 23% Rank: 139 of 381 (63rd Percentile)
Last 20 Years 78% Rank: 186 of 368 (49th Percentile)
Decline From All Time High 2.55%
Home Price appreciation rates for Fort Smith, AR-OK are shown above for five
time periods. For example: Fort Smith appreciated 0.62% in the Last Quarter.
At that rate, the Fort Smith Real Estate Market was ranked 169th out of 381
metropolitan areas for Real Estate Appreciation. Fort Smith was in the 55th
percentile. So Fort Smith, AR performed better in the Last Quarter than 55% of
the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Fort Smith, Arkansas
The all time high in the Fort Smith Home Price Index was 167.8 in the 1st
Quarter, of 2009. The 4th Quarter, 2012 index value was 163.5. That's a
decline of 4.28 points or 2.55% below the Fort Smith Home Price Index all time
high. The Home Price Index indicates that the Fort Smith Market is up 23%
over the last 10 years. Home prices in the Fort Smith Real Estate Market have
gained 0.89% over the last 12 months.
The 4th Quarter index value was 1.01 points higher than the 3rd Quarter, 2012
index value of 162.52, resulting in a 0.62% rise in the 4th Quarter for the Fort
Smith Market.
The Fort Smith 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 Fort Smith Real Estate
Market was 12% in the twelve months ended with the 1st Quarter of 1987. The
worst annual home appreciation rate in the Fort Smith Market was -7% in the
twelve months ended with the 3rd Quarter of 1988.
The highest home appreciation in the Fort Smith Real Estate Market over a
three year period was 17% in the three years ended with the 1st Quarter of
1989. The worst home appreciation over a three year period in the Fort Smith
Market was -3% in the three years ended with the 1st Quarter of 2012.
This page provides a long term graph of the Fort Smith Home Price Index
(above). For information about Arkansas home values, look at the links under
that chart. One link opens a forecast for home appreciation rates in the state of
Arkansas. Another link opens the home price index chart for Arkansas. 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 Fort
Smith Home Prices will be at your fingertips when you need them.
Historical data on the Fort Smith Home Price Index is available back to the 3rd
Quarter, of 1985. All calculations are based on the quarterly value of the House
Price Index for the Fort Smith 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 Fort Smith 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: Fort Smith, Arkansas
The appreciation of Fort Smith 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, Fort Smith Home Prices had a rank of 169, with
appreciation of 0.62%. 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, Fort Smith Home Prices had a rank of 146, with
appreciation during the year of 0.89%. 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, Fort Smith Home Prices
ranked 74, with a total appreciation of 0.6%. 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, Fort Smith Home Prices
had a rank of 139, with appreciation during the decade of 23%. 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, Fort Smith Home Prices
had a rank of 186, with total appreciation over the 20 year period of 78%. 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 Fort Smith Real Estate
Market is available back to the 3rd Quarter, of 1985. All calculations are based
on the quarterly value of the House Price Index for Fort Smith. 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: Fort Smith, Arkansas
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
Forecast Accuracy: 75%
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 Fort Smith housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Fort Smith is 75%. In other words, when tested against historical
data, the forecasting methodology was correct 75% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in Fort
Smith is 75% 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 Fort Smith
Real Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 81%
The forecast for the trend in the Fort Smith housing market for the 3 years
ending with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast
for Fort Smith 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 Fort
Smith 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 Fort Smith
Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Fort Smith, Arkansas
Historical Home Price Appreciation
Last Quarter 0.62%
Last Year . . . . . . . . . . . . . . . . . . . . 0.9%
Last 5 Years 1%
Last 10 Years . . . . . . . . . . . . . . . . . 23%
Last 20 Years 78%
Decline From All Time High 2.55%
Annual Home Price Appreciation Rates
1983 n/a
1984 n/a
1985 n/a
1986 4.53%
1987 -6.73%
1988 7.00%
1989 -0.44%
1990 -0.85%
1991 4.58%
1992 5.00%
1993 3.49%
1994 6.01%
1995 4.00%
1996 3.66%
1997 3.13%
1998 5.51%
1999 0.36%
2000 3.40%
2001 5.80%
2002 2.31%
2003 2.69%
2004 5.05%
2005 4.85%
2006 5.63%
2007 2.50%
2008 1.10%
2009 1.43%
2010 -2.10%
2011 -0.64%
2012 0.89%
Real Estate Appreciation, Rank & Percentile
Last Quarter 0.62% Rank: 169 of 381 (55th Percentile)
Last Year . . . . . . . . . . . . . . . . 0.9% Rank: 146 of 381 (61st Percentile)
Last 5 Years 1% Rank: 74 of 381 (80th Percentile)
Last 10 Years . . . . . . . . . . . . 23% Rank: 139 of 381 (63rd Percentile)
Last 20 Years 78% Rank: 186 of 368 (49th Percentile)
Decline From All Time High 2.55%
Home Price appreciation rates for Fort Smith, AR-OK are shown above for five
time periods. For example: Fort Smith appreciated 0.62% in the Last Quarter.
At that rate, the Fort Smith Real Estate Market was ranked 169th out of 381
metropolitan areas for Real Estate Appreciation. Fort Smith was in the 55th
percentile. So Fort Smith, AR performed better in the Last Quarter than 55% of
the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Fort Smith, Arkansas
The all time high in the Fort Smith Home Price Index was 167.8 in the 1st
Quarter, of 2009. The 4th Quarter, 2012 index value was 163.5. That's a
decline of 4.28 points or 2.55% below the Fort Smith Home Price Index all time
high. The Home Price Index indicates that the Fort Smith Market is up 23%
over the last 10 years. Home prices in the Fort Smith Real Estate Market have
gained 0.89% over the last 12 months.
The 4th Quarter index value was 1.01 points higher than the 3rd Quarter, 2012
index value of 162.52, resulting in a 0.62% rise in the 4th Quarter for the Fort
Smith Market.
The Fort Smith 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 Fort Smith Real Estate
Market was 12% in the twelve months ended with the 1st Quarter of 1987. The
worst annual home appreciation rate in the Fort Smith Market was -7% in the
twelve months ended with the 3rd Quarter of 1988.
The highest home appreciation in the Fort Smith Real Estate Market over a
three year period was 17% in the three years ended with the 1st Quarter of
1989. The worst home appreciation over a three year period in the Fort Smith
Market was -3% in the three years ended with the 1st Quarter of 2012.
This page provides a long term graph of the Fort Smith Home Price Index
(above). For information about Arkansas home values, look at the links under
that chart. One link opens a forecast for home appreciation rates in the state of
Arkansas. Another link opens the home price index chart for Arkansas. 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 Fort
Smith Home Prices will be at your fingertips when you need them.
Historical data on the Fort Smith Home Price Index is available back to the 3rd
Quarter, of 1985. All calculations are based on the quarterly value of the House
Price Index for the Fort Smith 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 Fort Smith 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: Fort Smith, Arkansas
The appreciation of Fort Smith 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, Fort Smith Home Prices had a rank of 169, with
appreciation of 0.62%. 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, Fort Smith Home Prices had a rank of 146, with
appreciation during the year of 0.89%. 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, Fort Smith Home Prices
ranked 74, with a total appreciation of 0.6%. 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, Fort Smith Home Prices
had a rank of 139, with appreciation during the decade of 23%. 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, Fort Smith Home Prices
had a rank of 186, with total appreciation over the 20 year period of 78%. 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 Fort Smith Real Estate
Market is available back to the 3rd Quarter, of 1985. All calculations are based
on the quarterly value of the House Price Index for Fort Smith. 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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