Bradenton, FL - House Price Index (HPI) - 21 Year Chart
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Bradenton Real Estate Market & Home Price Forecast
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The House Price Index (HPI) shows changes in Bradenton-North Port-Sarasota, FL single family
home prices in logarithmic scale. The March, 1995 index value equals 100. Updated Friday,
December 21, 2012. See real estate forecasts, analysis, statistics and appreciation rates below.
Bradenton Real Estate Market: Trend, Analysis & Statistics
1/1980 1/1985 1/1990 1/1995 1/2000 1/2005 1/2010
Commentary 13153
4th Quarter, 2012 Housing Statistics: Bradenton, Florida
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
Forecast Accuracy: 85%
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 Bradenton housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Bradenton is 85%. In other words, when tested against historical
data, the forecasting methodology was correct 85% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Bradenton is 85% 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 Bradenton
Real Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 88%
The forecast for the trend in the Bradenton housing market for the 3 years
ending with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast
for Bradenton is 88%. In other words, when tested against historical data, the
forecasting methodology was correct 88% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Bradenton is 88% 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 Bradenton
Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Bradenton, Florida
Historical Home Price Appreciation
Last Quarter -1.42%
Last Year . . . . . . . . . . . . . . . . . . . . 0.1%
Last 5 Years -38%
Last 10 Years . . . . . . . . . . . . . . . . . -2%
Last 20 Years 65%
Decline From All Time High 48.34%
Annual Home Price Appreciation Rates
1983 2.25%
1984 7.17%
1985 0.97%
1986 5.39%
1987 1.49%
1988 6.33%
1989 3.71%
1990 2.48%
1991 3.17%
1992 2.21%
1993 3.54%
1994 -0.77%
1995 5.00%
1996 2.94%
1997 4.94%
1998 4.68%
1999 3.75%
2000 9.66%
2001 10.10%
2002 10.87%
2003 13.85%
2004 21.53%
2005 31.78%
2006 1.51%
2007 -14.93%
2008 -26.31%
2009 -8.29%
2010 -6.64%
2011 -1.87%
2012 0.07%
Real Estate Appreciation, Rank & Percentile
Last Quarter -1.42% Rank: 356 of 381 (6th Percentile)
Last Year . . . . . . . . . . . . . . . . 0.1% Rank: 197 of 381 (48th Percentile)
Last 5 Years -38% Rank: 354 of 381 (7th Percentile)
Last 10 Years . . . . . . . . . . . . -2% Rank: 339 of 381 (11th Percentile)
Last 20 Years 65% Rank: 260 of 368 (29th Percentile)
Decline From All Time High 48.34%
Home Price appreciation rates for Bradenton-North Port-Sarasota-, FL are
shown above for five time periods. For example: Bradenton appreciated -1.42%
in the Last Quarter. At that rate, the Bradenton Real Estate Market was ranked
356th out of 381 metropolitan areas for Real Estate Appreciation. Bradenton
was in the 6th percentile. So Bradenton, FL performed better in the Last
Quarter than 6% of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Bradenton, Florida
The data and analysis on this page pertains to Bradenton-North
Port-Sarasota-, FL, hereinafter referred to as "Bradenton". The all time high in
the Bradenton Home Price Index was 310.9 in the 2nd Quarter, of 2006. The
4th Quarter, 2012 index value was 160.6. That's a decline of 150.28 points or
48.34% below the Bradenton Home Price Index all time high. The Home Price
Index indicates that the Bradenton Market is down 2% over the last 10 years.
Home prices in the Bradenton Real Estate Market have gained 0.07% over the
last 12 months. Over the last thirty years, it is up 133%.
The 4th Quarter index value was 2.32 points lower than the 3rd Quarter, 2012
index value of 162.90, resulting in a 1.42% decline for the 4th Quarter in the
Bradenton Market.
The Bradenton Home Price Index declined in the last quarter after increasing in
the previous 2 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 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 Bradenton Real Estate
Market was 36% in the twelve months ended with the 2nd Quarter of 1981. The
worst annual home appreciation rate in the Bradenton Market was -26% in the
twelve months ended with the 4th Quarter of 2008.
The highest home appreciation in the Bradenton Real Estate Market over a
three year period was 82% in the three years ended with the 4th Quarter of
2005. The worst home appreciation over a three year period in the Bradenton
Market was -43% in the three years ended with the 4th Quarter of 2009.
This page provides a long term graph of the Bradenton 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
Bradenton Home Prices will be at your fingertips when you need them.
Historical data on the Bradenton Home Price Index is available back to the 2nd
Quarter, of 1987. All calculations are based on the quarterly value of the House
Price Index for the Bradenton 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 Bradenton 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: Bradenton, Florida
The appreciation of Bradenton 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 Bradenton-North Port-Sarasota-, FL, hereinafter referred to as "Bradenton".
Last Quarter:
During the 4th Quarter of 2012, Bradenton Home Prices had a rank of 356, with
appreciation of -1.42%. 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, Bradenton Home Prices had a rank of 197, with
appreciation during the year of 0.07%. 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, Bradenton Home Prices
ranked 354, with a total appreciation of -38.0%. 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, Bradenton Home Prices
had a rank of 339, with appreciation during the decade of -2%. 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, Bradenton Home Prices
had a rank of 260, with total appreciation over the 20 year period of 65%. 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 Bradenton Real Estate
Market is available back to the 2nd Quarter, of 1987. All calculations are based
on the quarterly value of the House Price Index for Bradenton. 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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