Auburn, AL - House Price Index (HPI) - 20 Year Chart
Auburn Real Estate Market & Home Price Forecast
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The House Price Index (HPI) shows changes in Auburn-Opelika, AL 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.
Auburn Real Estate Index: 20 Year Chart
Home Values Appreciation Rate - US Cities
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Auburn Real Estate Market: Trend, Analysis & Statistics
1/1980         1/1985        1/1990        1/1995        1/2000         1/2005        1/2010
Commentary  13128
4th Quarter, 2012 Housing Statistics: Auburn, Alabama


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      92%

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 Auburn housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Auburn is 92%. In other words, when tested against
historical data, the forecasting methodology was correct 92% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Auburn is 92% 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
Auburn Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      91%

The forecast for the trend in the Auburn housing market for the 3 years ending
with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend Forecast for
Auburn is 91%. In other words, when tested against historical data, the
forecasting methodology was correct 91% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Auburn is 91% 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 Auburn Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Auburn, Alabama


Historical Home Price Appreciation
Last Quarter                                     -0.59%
Last Year . . . . . . . . . . . . . . . . . . . .  -2.3%
Last 5 Years                                     -12%
Last 10 Years . . . . . . . . . . . . . . . . . 21%
Last 20 Years                                   78%
Decline From All Time High               12.55%


Annual Home Price Appreciation Rates
1983        n/a
1984        n/a
1985        n/a
1986        n/a
1987        n/a
1988      -8.44%
1989      5.93%
1990      6.41%
1991      0.62%
1992      7.09%
1993      2.59%
1994      6.44%
1995      4.21%
1996      0.94%
1997      6.10%
1998      3.39%
1999      3.37%
2000      3.92%
2001      5.14%
2002      3.63%
2003      4.73%
2004      8.12%
2005      8.32%
2006      9.88%
2007      1.46%
2008      -0.79%
2009      -1.97%
2010      -4.41%
2011      -2.76%
2012      -2.26%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -0.59%        Rank: 326 of 381 (14th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -2.3%          Rank: 332 of 381 (12th Percentile)
Last 5 Years                              -12%           Rank: 217 of 381 (43rd Percentile)
Last 10 Years  . . . . . . . . . . . .   21%            Rank: 162 of 381 (57th Percentile)
Last 20 Years                            78%            Rank: 185 of 368 (49th Percentile)
Decline From All Time High        12.55%

Home Price appreciation rates for Auburn-Opelika, AL are shown above for five
time periods. For example: Auburn appreciated -0.59% in the Last Quarter. At
that rate, the Auburn Real Estate Market was ranked 326th out of 381
metropolitan areas for Real Estate Appreciation. Auburn was in the 14th
percentile. So Auburn, AL performed better in the Last Quarter than 14% of the
381 metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Auburn, Alabama

The data and analysis on this page pertains to Auburn-Opelika, AL, hereinafter
referred to as "Auburn". The all time high in the Auburn Home Price Index was
190.3 in the 1st Quarter, of 2008. The 4th Quarter, 2012 index value was
166.4. That's a decline of 23.88 points or 12.55% below the Auburn Home Price
Index all time high.  The Home Price Index indicates that the Auburn Market is
up 21% over the last 10 years. Home Prices in the Auburn Real Estate Market
have lost 2.26% over the last 12 months.

The 4th Quarter index value was 0.98 points lower than the 3rd Quarter, 2012
index value of 167.42, resulting in a 0.59% decline for the 4th Quarter in the
Auburn Market.

The Auburn Home Price Index declined in the last quarter after increasing in the
previous quarter. The current record holder for consecutive declines in the
Home Price Index is Tallahassee, FL, with declines in the last 5 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 highest annual home appreciation rate in the Auburn Real Estate Market
was 10% in the twelve months ended with the 2nd Quarter of 2005. The worst
annual home appreciation rate in the Auburn Market was -8% in the twelve
months ended with the 4th Quarter of 1988.

The highest home appreciation in the Auburn Real Estate Market over a three
year period was 29% in the three years ended with the 4th Quarter of 2006.
The worst home appreciation over a three year period in the Auburn Market
was -12% in the three years ended with the 1st Quarter of 2012.

This page provides a long term graph of the Auburn Home Price Index (above).
For information about Alabama home values, look at the links under that chart.
One link opens a forecast for home appreciation rates in the state of Alabama.
Another link opens the home price index chart for Alabama. 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 Auburn Home
Prices will be at your fingertips when you need them.

Historical data on the Auburn Home Price Index is available back to the 3rd
Quarter, of 1988. All calculations are based on the quarterly value of the House
Price Index for the Auburn 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 Auburn 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: Auburn, Alabama

The appreciation of Auburn 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 Auburn-Opelika, AL, hereinafter referred to as "Auburn".

Last Quarter:
During the 4th Quarter of 2012, Auburn Home Prices had a rank of 326, with
appreciation of -0.59%. 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, Auburn Home Prices had a rank of 332, with
appreciation during the year of -2.26%. 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, Auburn Home Prices
ranked 217, with a total appreciation of -11.6%. 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, Auburn Home Prices had
a rank of 162, with appreciation during the decade of 21%. 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, Auburn Home Prices had
a rank of 185, 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 Auburn Real Estate
Market is available back to the 3rd Quarter, of 1988. All calculations are based
on the quarterly value of the House Price Index for Auburn. 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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