| Honolulu, HI - House Price Index (HPI) - 31 Year Chart |
| Honolulu Real Estate Market & Home Price Forecast |
| 100 |
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The House Price Index (HPI) shows changes in Honolulu, HI 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.
scale. The March, 1995 index value equals 100. Updated Friday, December 28, 2012. See Real
estate forecasts, analysis, statistics and appreciation rates below.
| Honolulu Real Estate Index: 31 Year Chart Home Values Appreciation Rate - US Cities |
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Honolulu Real Estate Market: Trend, Analysis & Statistics
1/1980 1/1985 1/1990 1/1995 1/2000 1/2005 1/2010
Commentary 13261
4th Quarter, 2012 Housing Statistics: Honolulu, Hawaii
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
Forecast Accuracy: 78%
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 Honolulu housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Honolulu is 78%. In other words, when tested against historical
data, the forecasting methodology was correct 78% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Honolulu is 78% 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 Honolulu
Real Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 70%
The forecast for the trend in the Honolulu housing market for the 3 years
ending with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast
for Honolulu is 70%. In other words, when tested against historical data, the
forecasting methodology was correct 70% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Honolulu is 70% 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 Honolulu
Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Honolulu, Hawaii
Historical Home Price Appreciation
Last Quarter 0.95%
Last Year . . . . . . . . . . . . . . . . . . . . 2.2%
Last 5 Years -6%
Last 10 Years . . . . . . . . . . . . . . . . . 76%
Last 20 Years 79%
Decline From All Time High 6.23%
Annual Home Price Appreciation Rates
1983 22.06%
1984 3.75%
1985 6.86%
1986 5.96%
1987 9.22%
1988 22.87%
1989 24.47%
1990 25.27%
1991 3.67%
1992 0.36%
1993 0.63%
1994 -1.14%
1995 1.40%
1996 -9.60%
1997 -4.66%
1998 -0.56%
1999 -2.35%
2000 4.47%
2001 6.71%
2002 8.12%
2003 12.62%
2004 23.28%
2005 23.61%
2006 6.33%
2007 3.04%
2008 -5.04%
2009 -5.70%
2010 2.07%
2011 0.42%
2012 2.20%
Real Estate Appreciation, Rank & Percentile
Last Quarter 0.95% Rank: 127 of 381 (66th Percentile)
Last Year . . . . . . . . . . . . . . . . 2.2% Rank: 70 of 381 (81st Percentile)
Last 5 Years -6% Rank: 148 of 381 (61st Percentile)
Last 10 Years . . . . . . . . . . . . 76% Rank: 3 of 381 (99th Percentile)
Last 20 Years 79% Rank: 175 of 368 (52nd Percentile)
Decline From All Time High 6.23%
Home Price appreciation rates for Honolulu, HI are shown above for five time
periods. For example: Honolulu appreciated 0.95% in the Last Quarter. At that
rate, the Honolulu Real Estate Market was ranked 127th out of 381 metropolitan
areas for Real Estate Appreciation. Honolulu was in the 66th percentile. So
Honolulu, HI performed better in the Last Quarter than 66% of the 381
metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Honolulu, Hawaii
The all time high in the Honolulu Home Price Index was 193.4 in the 3rd
Quarter, of 2007. The 4th Quarter, 2012 index value was 181.3. That's a
decline of 12.05 points or 6.23% below the Honolulu Home Price Index all time
high. The Home Price Index indicates that the Honolulu Market is up 76% over
the last 10 years. Home prices in the Honolulu Real Estate Market have gained
2.20% over the last 12 months. Over the last thirty years, it is up 460%.
The 4th Quarter index value was 1.70 points higher than the 3rd Quarter, 2012
index value of 179.63, resulting in a 0.95% rise in the 4th Quarter for the
Honolulu Market.
The Honolulu 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 Honolulu Real Estate Market
was 73% in the twelve months ended with the 4th Quarter of 1982. The worst
annual home appreciation rate in the Honolulu Market was -53% in the twelve
months ended with the 4th Quarter of 1981.
The highest home appreciation in the Honolulu Real Estate Market over a three
year period was 119% in the three years ended with the 4th Quarter of 1984.
The worst home appreciation over a three year period in the Honolulu Market
was -31% in the three years ended with the 4th Quarter of 1981.
This page provides a long term graph of the Honolulu Home Price Index
(above). For information about Hawaii home values, look at the links under that
chart. One link opens a forecast for home appreciation rates in the state of
Hawaii. Another link opens the home price index chart for Hawaii. 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
Honolulu Home Prices will be at your fingertips when you need them.
Historical data on the Honolulu Home Price Index is available back to the 2nd
Quarter, of 1977. All calculations are based on the quarterly value of the House
Price Index for the Honolulu 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 Honolulu 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: Honolulu, Hawaii
The appreciation of Honolulu 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, Honolulu Home Prices had a rank of 127, with
appreciation of 0.95%. 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, Honolulu Home Prices had a rank of 70, with
appreciation during the year of 2.20%. 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, Honolulu Home Prices
ranked 148, with a total appreciation of -6.2%. 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, Honolulu Home Prices
had a rank of 3, with appreciation during the decade of 76%. 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, Honolulu Home Prices
had a rank of 175, with total appreciation over the 20 year period of 79%. 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 Honolulu Real Estate
Market is available back to the 2nd Quarter, of 1977. All calculations are based
on the quarterly value of the House Price Index for Honolulu. 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: Honolulu, Hawaii
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
Forecast Accuracy: 78%
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 Honolulu housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Honolulu is 78%. In other words, when tested against historical
data, the forecasting methodology was correct 78% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Honolulu is 78% 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 Honolulu
Real Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 70%
The forecast for the trend in the Honolulu housing market for the 3 years
ending with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast
for Honolulu is 70%. In other words, when tested against historical data, the
forecasting methodology was correct 70% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Honolulu is 70% 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 Honolulu
Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Honolulu, Hawaii
Historical Home Price Appreciation
Last Quarter 0.95%
Last Year . . . . . . . . . . . . . . . . . . . . 2.2%
Last 5 Years -6%
Last 10 Years . . . . . . . . . . . . . . . . . 76%
Last 20 Years 79%
Decline From All Time High 6.23%
Annual Home Price Appreciation Rates
1983 22.06%
1984 3.75%
1985 6.86%
1986 5.96%
1987 9.22%
1988 22.87%
1989 24.47%
1990 25.27%
1991 3.67%
1992 0.36%
1993 0.63%
1994 -1.14%
1995 1.40%
1996 -9.60%
1997 -4.66%
1998 -0.56%
1999 -2.35%
2000 4.47%
2001 6.71%
2002 8.12%
2003 12.62%
2004 23.28%
2005 23.61%
2006 6.33%
2007 3.04%
2008 -5.04%
2009 -5.70%
2010 2.07%
2011 0.42%
2012 2.20%
Real Estate Appreciation, Rank & Percentile
Last Quarter 0.95% Rank: 127 of 381 (66th Percentile)
Last Year . . . . . . . . . . . . . . . . 2.2% Rank: 70 of 381 (81st Percentile)
Last 5 Years -6% Rank: 148 of 381 (61st Percentile)
Last 10 Years . . . . . . . . . . . . 76% Rank: 3 of 381 (99th Percentile)
Last 20 Years 79% Rank: 175 of 368 (52nd Percentile)
Decline From All Time High 6.23%
Home Price appreciation rates for Honolulu, HI are shown above for five time
periods. For example: Honolulu appreciated 0.95% in the Last Quarter. At that
rate, the Honolulu Real Estate Market was ranked 127th out of 381 metropolitan
areas for Real Estate Appreciation. Honolulu was in the 66th percentile. So
Honolulu, HI performed better in the Last Quarter than 66% of the 381
metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Honolulu, Hawaii
The all time high in the Honolulu Home Price Index was 193.4 in the 3rd
Quarter, of 2007. The 4th Quarter, 2012 index value was 181.3. That's a
decline of 12.05 points or 6.23% below the Honolulu Home Price Index all time
high. The Home Price Index indicates that the Honolulu Market is up 76% over
the last 10 years. Home prices in the Honolulu Real Estate Market have gained
2.20% over the last 12 months. Over the last thirty years, it is up 460%.
The 4th Quarter index value was 1.70 points higher than the 3rd Quarter, 2012
index value of 179.63, resulting in a 0.95% rise in the 4th Quarter for the
Honolulu Market.
The Honolulu 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 Honolulu Real Estate Market
was 73% in the twelve months ended with the 4th Quarter of 1982. The worst
annual home appreciation rate in the Honolulu Market was -53% in the twelve
months ended with the 4th Quarter of 1981.
The highest home appreciation in the Honolulu Real Estate Market over a three
year period was 119% in the three years ended with the 4th Quarter of 1984.
The worst home appreciation over a three year period in the Honolulu Market
was -31% in the three years ended with the 4th Quarter of 1981.
This page provides a long term graph of the Honolulu Home Price Index
(above). For information about Hawaii home values, look at the links under that
chart. One link opens a forecast for home appreciation rates in the state of
Hawaii. Another link opens the home price index chart for Hawaii. 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
Honolulu Home Prices will be at your fingertips when you need them.
Historical data on the Honolulu Home Price Index is available back to the 2nd
Quarter, of 1977. All calculations are based on the quarterly value of the House
Price Index for the Honolulu 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 Honolulu 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: Honolulu, Hawaii
The appreciation of Honolulu 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, Honolulu Home Prices had a rank of 127, with
appreciation of 0.95%. 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, Honolulu Home Prices had a rank of 70, with
appreciation during the year of 2.20%. 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, Honolulu Home Prices
ranked 148, with a total appreciation of -6.2%. 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, Honolulu Home Prices
had a rank of 3, with appreciation during the decade of 76%. 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, Honolulu Home Prices
had a rank of 175, with total appreciation over the 20 year period of 79%. 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 Honolulu Real Estate
Market is available back to the 2nd Quarter, of 1977. All calculations are based
on the quarterly value of the House Price Index for Honolulu. 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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