| Panama City, FL - House Price Index (HPI) - 22 Year Chart |
| Panama City Real Estate Market Forecast |
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The House Price Index (HPI) shows changes in Panama City-Lynn Haven, FL 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.
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.
| Panama City Real Estate Index: 22 Year Chart Home Values Appreciation Rate - US Cities |
| 10 |
Panama City 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 13369
4th Quarter, 2012 Housing Statistics: Panama City, Florida
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
Forecast Accuracy: 84%
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 Panama City housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Panama City is 84%. In other words, when tested against
historical data, the forecasting methodology was correct 84% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Panama City is 84% during this period. If this Housing Market Forecast
is correct, home prices will be lower in the 4th Quarter of 2013 than they were in
the 4th Quarter of 2012. Check this page each quarter for updates to the
Panama City Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 84%
The forecast for the trend in the Panama City housing market for the 3 years
ending with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend
Forecast for Panama City is 84%. In other words, when tested against historical
data, the forecasting methodology was correct 84% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Panama City is 84% during this period. If this Housing Market Forecast is
correct, home values will be lower in the 4th Quarter of 2015 than they were in
the 4th Quarter of 2012. Check this page each quarter for updates to the
Panama City Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Panama City, Florida
Historical Home Price Appreciation
Last Quarter 0.21%
Last Year -0.2%
Last 5 Years -30%
Last 10 Years 19%
Last 20 Years 96%
Decline From All Time High 34.37%
Annual Home Price Appreciation Rates
1983 n/a
1984 n/a
1985 n/a
1986 n/a
1987 -0.40%
1988 -0.44%
1989 2.36%
1990 -0.13%
1991 1.75%
1992 5.33%
1993 5.34%
1994 2.68%
1995 9.13%
1996 1.91%
1997 6.78%
1998 5.36%
1999 0.73%
2000 4.11%
2001 7.86%
2002 7.31%
2003 10.92%
2004 27.23%
2005 25.00%
2006 3.17%
2007 -6.77%
2008 -10.03%
2009 -8.96%
2010 -5.45%
2011 -8.90%
2012 -0.22%
Real Estate Appreciation, Rank & Percentile
Last Quarter 0.21% Rank: 224 of 381 (41st Percentile)
Last Year . . . . . . . . . . . . . . . . -0.2% Rank: 222 of 381 (41st Percentile)
Last 5 Years -30% Rank: 330 of 381 (13th Percentile)
Last 10 Years . . . . . . . . . . . . 19% Rank: 176 of 381 (53rd Percentile)
Last 20 Years 96% Rank: 91 of 368 (75th Percentile)
Decline From All Time High 34.37%
Home Price appreciation rates for Panama City-Lynn Haven, FL are shown
above for five time periods. For example: Panama City appreciated 0.21% in
the Last Quarter. At that rate, the Panama City Real Estate Market was ranked
224th out of 381 metropolitan areas for Real Estate Appreciation. Panama City
was in the 41st percentile. So Panama City, FL performed better in the Last
Quarter than 41% of the 381 metropolitan areas covered in
Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Panama City, Florida
The data and analysis on this page pertains to Panama City-Lynn Haven, FL,
hereinafter referred to as "Panama City". The all time high in the Panama City
Home Price Index was 266.7 in the 4th Quarter, of 2006. The 4th Quarter, 2012
index value was 175.0. That's a decline of 91.67 points or 34.37% below the
Panama City Home Price Index all time high. The Home Price Index indicates
that the Panama City Market is up 19% over the last 10 years. Home Prices in
the Panama City Real Estate Market have lost 0.22% over the last 12 months.
The 4th Quarter index value was 0.36 points higher than the 3rd Quarter, 2012
index value of 174.65, resulting in a 0.21% rise in the 4th Quarter for the
Panama City Market.
The Panama City 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 Panama City Real Estate
Market was 31% in the twelve months ended with the 1st Quarter of 2005. The
worst annual home appreciation rate in the Panama City Market was -16% in
the twelve months ended with the 1st Quarter of 2010.
The highest home appreciation in the Panama City Real Estate Market over a
three year period was 78% in the three years ended with the 1st Quarter of
2006. The worst home appreciation over a three year period in the Panama
City Market was -28% in the three years ended with the 1st Quarter of 2010.
This page provides a long term graph of the Panama City 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
Panama City Home Prices will be at your fingertips when you need them.
Historical data on the Panama City Home Price Index is available back to the
3rd Quarter, of 1986. All calculations are based on the quarterly value of the
House Price Index for the Panama City 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 Panama City 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: Panama City, Florida
The appreciation of Panama City 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 Panama City-Lynn Haven, FL, hereinafter referred to as
"Panama City".
Last Quarter:
During the 4th Quarter of 2012, Panama City Home Prices had a rank of 224,
with appreciation of 0.21%. 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, Panama City Home Prices had a rank of 222, with
appreciation during the year of -0.22%. 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, Panama City Home Prices
ranked 330, with a total appreciation of -29.6%. 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, Panama City Home
Prices had a rank of 176, with appreciation during the decade of 19%. 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, Panama City Home
Prices had a rank of 91, with total appreciation over the 20 year period of 96%.
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 Panama City Real
Estate Market is available back to the 3rd Quarter, of 1986. All calculations are
based on the quarterly value of the House Price Index for Panama City. 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: Panama City, Florida
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
Forecast Accuracy: 84%
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 Panama City housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Panama City is 84%. In other words, when tested against
historical data, the forecasting methodology was correct 84% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Panama City is 84% during this period. If this Housing Market Forecast
is correct, home prices will be lower in the 4th Quarter of 2013 than they were in
the 4th Quarter of 2012. Check this page each quarter for updates to the
Panama City Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 84%
The forecast for the trend in the Panama City housing market for the 3 years
ending with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend
Forecast for Panama City is 84%. In other words, when tested against historical
data, the forecasting methodology was correct 84% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Panama City is 84% during this period. If this Housing Market Forecast is
correct, home values will be lower in the 4th Quarter of 2015 than they were in
the 4th Quarter of 2012. Check this page each quarter for updates to the
Panama City Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Panama City, Florida
Historical Home Price Appreciation
Last Quarter 0.21%
Last Year -0.2%
Last 5 Years -30%
Last 10 Years 19%
Last 20 Years 96%
Decline From All Time High 34.37%
Annual Home Price Appreciation Rates
1983 n/a
1984 n/a
1985 n/a
1986 n/a
1987 -0.40%
1988 -0.44%
1989 2.36%
1990 -0.13%
1991 1.75%
1992 5.33%
1993 5.34%
1994 2.68%
1995 9.13%
1996 1.91%
1997 6.78%
1998 5.36%
1999 0.73%
2000 4.11%
2001 7.86%
2002 7.31%
2003 10.92%
2004 27.23%
2005 25.00%
2006 3.17%
2007 -6.77%
2008 -10.03%
2009 -8.96%
2010 -5.45%
2011 -8.90%
2012 -0.22%
Real Estate Appreciation, Rank & Percentile
Last Quarter 0.21% Rank: 224 of 381 (41st Percentile)
Last Year . . . . . . . . . . . . . . . . -0.2% Rank: 222 of 381 (41st Percentile)
Last 5 Years -30% Rank: 330 of 381 (13th Percentile)
Last 10 Years . . . . . . . . . . . . 19% Rank: 176 of 381 (53rd Percentile)
Last 20 Years 96% Rank: 91 of 368 (75th Percentile)
Decline From All Time High 34.37%
Home Price appreciation rates for Panama City-Lynn Haven, FL are shown
above for five time periods. For example: Panama City appreciated 0.21% in
the Last Quarter. At that rate, the Panama City Real Estate Market was ranked
224th out of 381 metropolitan areas for Real Estate Appreciation. Panama City
was in the 41st percentile. So Panama City, FL performed better in the Last
Quarter than 41% of the 381 metropolitan areas covered in
Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Panama City, Florida
The data and analysis on this page pertains to Panama City-Lynn Haven, FL,
hereinafter referred to as "Panama City". The all time high in the Panama City
Home Price Index was 266.7 in the 4th Quarter, of 2006. The 4th Quarter, 2012
index value was 175.0. That's a decline of 91.67 points or 34.37% below the
Panama City Home Price Index all time high. The Home Price Index indicates
that the Panama City Market is up 19% over the last 10 years. Home Prices in
the Panama City Real Estate Market have lost 0.22% over the last 12 months.
The 4th Quarter index value was 0.36 points higher than the 3rd Quarter, 2012
index value of 174.65, resulting in a 0.21% rise in the 4th Quarter for the
Panama City Market.
The Panama City 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 Panama City Real Estate
Market was 31% in the twelve months ended with the 1st Quarter of 2005. The
worst annual home appreciation rate in the Panama City Market was -16% in
the twelve months ended with the 1st Quarter of 2010.
The highest home appreciation in the Panama City Real Estate Market over a
three year period was 78% in the three years ended with the 1st Quarter of
2006. The worst home appreciation over a three year period in the Panama
City Market was -28% in the three years ended with the 1st Quarter of 2010.
This page provides a long term graph of the Panama City 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
Panama City Home Prices will be at your fingertips when you need them.
Historical data on the Panama City Home Price Index is available back to the
3rd Quarter, of 1986. All calculations are based on the quarterly value of the
House Price Index for the Panama City 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 Panama City 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: Panama City, Florida
The appreciation of Panama City 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 Panama City-Lynn Haven, FL, hereinafter referred to as
"Panama City".
Last Quarter:
During the 4th Quarter of 2012, Panama City Home Prices had a rank of 224,
with appreciation of 0.21%. 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, Panama City Home Prices had a rank of 222, with
appreciation during the year of -0.22%. 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, Panama City Home Prices
ranked 330, with a total appreciation of -29.6%. 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, Panama City Home
Prices had a rank of 176, with appreciation during the decade of 19%. 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, Panama City Home
Prices had a rank of 91, with total appreciation over the 20 year period of 96%.
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 Panama City Real
Estate Market is available back to the 3rd Quarter, of 1986. All calculations are
based on the quarterly value of the House Price Index for Panama City. 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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