Anchorage, AK - House Price Index (HPI) - 30 Year Chart
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Anchorage Real Estate Market & Home Price Forecast
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The House Price Index (HPI) shows changes in Anchorage, AK single family home prices in
logarithmic scale. The March, 1995 index value equals 100. Updated Friday, December 21, 2012.
Real estate forecasts, analysis, statistics and appreciation rates are provided below.
Anchorage Real Estate Market: Trend, Analysis & Statistics
1/1980 1/1985 1/1990 1/1995 1/2000 1/2005 1/2010
Commentary 13118
4th Quarter, 2012 Housing Statistics: Anchorage, Alaska
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 Anchorage housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Anchorage 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
Anchorage 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 Anchorage
Real Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 82%
The forecast for the trend in the Anchorage housing market for the 3 years
ending with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast
for Anchorage is 82%. In other words, when tested against historical data, the
forecasting methodology was correct 82% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Anchorage is 82% 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 Anchorage
Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Anchorage, Alaska
Historical Home Price Appreciation
Last Quarter 0.97%
Last Year . . . . . . . . . . . . . . . . . . . . 0.7%
Last 5 Years 1%
Last 10 Years . . . . . . . . . . . . . . . . . 49%
Last 20 Years 115%
Decline From All Time High 0.16%
Annual Home Price Appreciation Rates
1983 10.43%
1984 -0.84%
1985 -5.20%
1986 -5.37%
1987 -21.94%
1988 24.25%
1989 -23.34%
1990 15.19%
1991 11.46%
1992 2.35%
1993 2.24%
1994 2.08%
1995 3.64%
1996 4.95%
1997 3.19%
1998 2.90%
1999 4.01%
2000 2.28%
2001 6.36%
2002 5.69%
2003 9.04%
2004 10.33%
2005 14.15%
2006 6.52%
2007 0.67%
2008 0.81%
2009 -0.89%
2010 0.50%
2011 0.25%
2012 0.72%
Real Estate Appreciation, Rank & Percentile
Last Quarter 0.97% Rank: 123 of 381 (67th Percentile)
Last Year . . . . . . . . . . . . . . . . 0.7% Rank: 157 of 381 (58th Percentile)
Last 5 Years 1% Rank: 64 of 381 (83rd Percentile)
Last 10 Years . . . . . . . . . . . . 49% Rank: 15 of 381 (96th Percentile)
Last 20 Years 115% Rank: 43 of 368 (88th Percentile)
Decline From All Time High 0.16%
Home Price appreciation rates for Anchorage, AK are shown above for five time
periods. For example: Anchorage appreciated 0.97% in the Last Quarter. At
that rate, the Anchorage Real Estate Market was ranked 123rd out of 381
metropolitan areas for Real Estate Appreciation. Anchorage was in the 67th
percentile. So Anchorage, AK performed better in the Last Quarter than 67% of
the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Anchorage, Alaska
The all time high in the Anchorage Home Price Index was 204.0 in the 2nd
Quarter, of 2007. The 4th Quarter, 2012 index value was 203.7. That's a
decline of 0.33 points or 0.16% below the Anchorage Home Price Index all time
high. The Home Price Index indicates that the Anchorage Market is up 49%
over the last 10 years. Home prices in the Anchorage Real Estate Market have
gained 0.72% over the last 12 months. Over the last thirty years, it is up 107%.
The 4th Quarter index value was 1.95 points higher than the 3rd Quarter, 2012
index value of 201.74, resulting in a 0.97% rise in the 4th Quarter for the
Anchorage Market.
The Anchorage 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 Anchorage Real Estate
Market was 26% in the twelve months ended with the 1st Quarter of 1991. The
worst annual home appreciation rate in the Anchorage Market was -23% in the
twelve months ended with the 4th Quarter of 1989.
The highest home appreciation in the Anchorage Real Estate Market over a
three year period was 49% in the three years ended with the 1st Quarter of
1982. The worst home appreciation over a three year period in the Anchorage
Market was -30% in the three years ended with the 4th Quarter of 1987.
This page provides a long term graph of the Anchorage Home Price Index
(above). For information about Alaska home values, look at the links under that
chart. One link opens a forecast for home appreciation rates in the state of
Alaska. Another link opens the home price index chart for Alaska. 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
Anchorage Home Prices will be at your fingertips when you need them.
Historical data on the Anchorage Home Price Index is available back to the 4th
Quarter, of 1978. All calculations are based on the quarterly value of the House
Price Index for the Anchorage 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 Anchorage 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: Anchorage, Alaska
The appreciation of Anchorage 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, Anchorage Home Prices had a rank of 123,
with appreciation of 0.97%. 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, Anchorage Home Prices had a rank of 157, with
appreciation during the year of 0.72%. 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, Anchorage Home Prices
ranked 64, with a total appreciation of 1.4%. 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, Anchorage Home Prices
had a rank of 15, with appreciation during the decade of 49%. 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, Anchorage Home Prices
had a rank of 43, with total appreciation over the 20 year period of 115%. 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 Anchorage Real Estate
Market is available back to the 4th Quarter, of 1978. All calculations are based
on the quarterly value of the House Price Index for Anchorage. 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.)
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