| Morgantown, WV - House Price Index (HPI) - 14 Year Chart |
| Morgantown Real Estate Market Forecast |
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The House Price Index (HPI) shows changes in Morgantown, WV 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.
| Morgantown Real Estate Index: 14 Year Chart Home Values Appreciation Rate - US Cities |
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Morgantown 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 13339
4th Quarter, 2012 Housing Statistics: Morgantown, West Virginia
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
Forecast Accuracy: 67%
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 Morgantown housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Morgantown is 67%. In other words, when tested against historical
data, the forecasting methodology was correct 67% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Morgantown is 67% 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
Morgantown Real Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 81%
The forecast for the trend in the Morgantown housing market for the 3 years
ending with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast
for Morgantown 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
Morgantown 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
Morgantown Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Morgantown, West Virginia
Historical Home Price Appreciation
Last Quarter 1.90%
Last Year 2.9%
Last 5 Years 6%
Last 10 Years 53%
Last 20 Years
Annual Home Price Appreciation Rates
1983 n/a
1984 n/a
1985 n/a
1986 n/a
1987 n/a
1988 n/a
1989 n/a
1990 n/a
1991 n/a
1992 n/a
1993 n/a
1994 1.44%
1995 6.68%
1996 -0.91%
1997 3.12%
1998 3.01%
1999 -0.32%
2000 5.10%
2001 5.23%
2002 4.29%
2003 7.22%
2004 7.66%
2005 16.61%
2006 4.63%
2007 2.18%
2008 0.62%
2009 -1.23%
2010 4.05%
2011 -0.32%
2012 2.86%
Real Estate Appreciation, Rank & Percentile
Last Quarter 1.90% Rank: 57 of 381 (85th Percentile)
Last Year . . . . . . . . . . . . . . . . 2.9% Rank: 48 of 381 (87th Percentile)
Last 5 Years 6% Rank: 17 of 381 (95th Percentile)
Last 10 Years . . . . . . . . . . . . 53% Rank: 8 of 381 (98th Percentile)
Home Price appreciation rates for Morgantown, WV are shown above for five
time periods. For example: Morgantown appreciated 1.90% in the Last Quarter.
At that rate, the Morgantown Real Estate Market was ranked 57th out of 381
metropolitan areas for Real Estate Appreciation. Morgantown was in the 85th
percentile. So Morgantown, WV performed better in the Last Quarter than 85%
of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Morgantown, West Virginia
The all time high in the Morgantown Home Price Index was 187.1 in the 4th
Quarter, of 2012. The Home Price Index indicates that the Morgantown Market
is up 53% over the last 10 years. Home prices in the Morgantown Real Estate
Market have gained 2.86% over the last 12 months.
The 4th Quarter index value was 3.49 points higher than the 3rd Quarter, 2012
index value of 183.65, resulting in a 1.90% rise in the 4th Quarter for the
Morgantown Market.
The Morgantown 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 Morgantown Real Estate
Market was 17% in the twelve months ended with the 4th Quarter of 2005. The
worst annual home appreciation rate in the Morgantown Market was -3% in the
twelve months ended with the 3rd Quarter of 1996.
The highest home appreciation in the Morgantown Real Estate Market over a
three year period was 35% in the three years ended with the 3rd Quarter of
2006. The worst home appreciation over a three year period in the Morgantown
Market was -1% in the three years ended with the 2nd Quarter of 2011.
This page provides a long term graph of the Morgantown Home Price Index
(above). For information about West Virginia home values, look at the links
under that chart. One link opens a forecast for home appreciation rates in the
state of West Virginia. Another link opens the home price index chart for West
Virginia. 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 Morgantown Home Prices will be at your fingertips when you
need them.
Historical data on the Morgantown Home Price Index is available back to the 4th
Quarter, of 1994. All calculations are based on the quarterly value of the House
Price Index for the Morgantown 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 Morgantown 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: Morgantown, West Virginia
The appreciation of Morgantown 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, Morgantown Home Prices had a rank of 57,
with appreciation of 1.90%. 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, Morgantown Home Prices had a rank of 48, with
appreciation during the year of 2.86%. 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, Morgantown Home Prices
ranked 17, with a total appreciation of 6.0%. 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, Morgantown Home
Prices had a rank of 8, with appreciation during the decade of 53%. 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:
Twenty year data is not available
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 Morgantown Real
Estate Market is available back to the 4th Quarter, of 1994. All calculations are
based on the quarterly value of the House Price Index for Morgantown. 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: Morgantown, West Virginia
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
Forecast Accuracy: 67%
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 Morgantown housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Morgantown is 67%. In other words, when tested against historical
data, the forecasting methodology was correct 67% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Morgantown is 67% 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
Morgantown Real Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 81%
The forecast for the trend in the Morgantown housing market for the 3 years
ending with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast
for Morgantown 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
Morgantown 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
Morgantown Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Morgantown, West Virginia
Historical Home Price Appreciation
Last Quarter 1.90%
Last Year 2.9%
Last 5 Years 6%
Last 10 Years 53%
Last 20 Years
Annual Home Price Appreciation Rates
1983 n/a
1984 n/a
1985 n/a
1986 n/a
1987 n/a
1988 n/a
1989 n/a
1990 n/a
1991 n/a
1992 n/a
1993 n/a
1994 1.44%
1995 6.68%
1996 -0.91%
1997 3.12%
1998 3.01%
1999 -0.32%
2000 5.10%
2001 5.23%
2002 4.29%
2003 7.22%
2004 7.66%
2005 16.61%
2006 4.63%
2007 2.18%
2008 0.62%
2009 -1.23%
2010 4.05%
2011 -0.32%
2012 2.86%
Real Estate Appreciation, Rank & Percentile
Last Quarter 1.90% Rank: 57 of 381 (85th Percentile)
Last Year . . . . . . . . . . . . . . . . 2.9% Rank: 48 of 381 (87th Percentile)
Last 5 Years 6% Rank: 17 of 381 (95th Percentile)
Last 10 Years . . . . . . . . . . . . 53% Rank: 8 of 381 (98th Percentile)
Home Price appreciation rates for Morgantown, WV are shown above for five
time periods. For example: Morgantown appreciated 1.90% in the Last Quarter.
At that rate, the Morgantown Real Estate Market was ranked 57th out of 381
metropolitan areas for Real Estate Appreciation. Morgantown was in the 85th
percentile. So Morgantown, WV performed better in the Last Quarter than 85%
of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Morgantown, West Virginia
The all time high in the Morgantown Home Price Index was 187.1 in the 4th
Quarter, of 2012. The Home Price Index indicates that the Morgantown Market
is up 53% over the last 10 years. Home prices in the Morgantown Real Estate
Market have gained 2.86% over the last 12 months.
The 4th Quarter index value was 3.49 points higher than the 3rd Quarter, 2012
index value of 183.65, resulting in a 1.90% rise in the 4th Quarter for the
Morgantown Market.
The Morgantown 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 Morgantown Real Estate
Market was 17% in the twelve months ended with the 4th Quarter of 2005. The
worst annual home appreciation rate in the Morgantown Market was -3% in the
twelve months ended with the 3rd Quarter of 1996.
The highest home appreciation in the Morgantown Real Estate Market over a
three year period was 35% in the three years ended with the 3rd Quarter of
2006. The worst home appreciation over a three year period in the Morgantown
Market was -1% in the three years ended with the 2nd Quarter of 2011.
This page provides a long term graph of the Morgantown Home Price Index
(above). For information about West Virginia home values, look at the links
under that chart. One link opens a forecast for home appreciation rates in the
state of West Virginia. Another link opens the home price index chart for West
Virginia. 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 Morgantown Home Prices will be at your fingertips when you
need them.
Historical data on the Morgantown Home Price Index is available back to the 4th
Quarter, of 1994. All calculations are based on the quarterly value of the House
Price Index for the Morgantown 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 Morgantown 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: Morgantown, West Virginia
The appreciation of Morgantown 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, Morgantown Home Prices had a rank of 57,
with appreciation of 1.90%. 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, Morgantown Home Prices had a rank of 48, with
appreciation during the year of 2.86%. 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, Morgantown Home Prices
ranked 17, with a total appreciation of 6.0%. 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, Morgantown Home
Prices had a rank of 8, with appreciation during the decade of 53%. 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:
Twenty year data is not available
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 Morgantown Real
Estate Market is available back to the 4th Quarter, of 1994. All calculations are
based on the quarterly value of the House Price Index for Morgantown. 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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