Colorado Springs, CO - House Price Index (HPI) - 29 Year Chart
Colorado Springs Real Estate Market & Home Price Forecast
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The House Price Index (HPI) shows changes in Colorado Springs, CO 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.
Colorado Springs RE Index: 29 Year Chart
Home Values Appreciation Rate - US Cities
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Colorado Springs Real Estate Market: Trend, Analysis & Statistics
1/1980         1/1985        1/1990        1/1995        1/2000         1/2005        1/2010
Commentary  13183
4th Quarter, 2012 Housing Statistics: Colorado Springs, Colorado


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 Colorado Springs housing market for
the 12 months ending with the 4th Quarter of 2013 is UP. The Accuracy of the
Trend Forecast for Colorado Springs 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 Colorado Springs 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 Colorado Springs Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      80%

The forecast for the trend in the Colorado Springs housing market for the 3
years ending with the 4th Quarter of 2015 is UP. The Accuracy of the Trend
Forecast for Colorado Springs is 80%. In other words, when tested against
historical data, the forecasting methodology was correct 80% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for rising house
prices in Colorado Springs is 80% 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 Colorado Springs Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Colorado Springs, Colorado


Historical Home Price Appreciation
Last Quarter                                     0.86%
Last Year . . . . . . . . . . . . . . . . . . . .  0.6%
Last 5 Years                                     -8%
Last 10 Years . . . . . . . . . . . . . . . . . 9%
Last 20 Years                                   107%
Decline From All Time High               9.45%


Annual Home Price Appreciation Rates
1983      -7.45%
1984      8.34%
1985      1.74%
1986      3.66%
1987      -1.86%
1988      -1.97%
1989      0.58%
1990      0.27%
1991      4.25%
1992      6.86%
1993      10.31%
1994      9.33%
1995      7.21%
1996      5.73%
1997      4.61%
1998      4.48%
1999      4.23%
2000      7.25%
2001      8.48%
2002      4.59%
2003      2.52%
2004      5.69%
2005      7.07%
2006      3.26%
2007      -0.57%
2008      -2.67%
2009      -2.52%
2010      -1.35%
2011      -2.36%
2012      0.58%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.86%         Rank: 138 of 381 (63rd Percentile)
Last Year  . . . . . . . . . . . . . . . .  0.6%           Rank: 167 of 381 (56th Percentile)
Last 5 Years                              -8%             Rank: 174 of 381 (54th Percentile)
Last 10 Years  . . . . . . . . . . . .   9%              Rank: 273 of 381 (28th Percentile)
Last 20 Years                            107%          Rank: 57 of 368 (84th Percentile)
Decline From All Time High        9.45%

Home Price appreciation rates for Colorado Springs, CO are shown above for
five time periods. For example: Colorado Springs appreciated 0.86% in the Last
Quarter. At that rate, the Colorado Springs Real Estate Market was ranked
138th out of 381 metropolitan areas for Real Estate Appreciation. Colorado
Springs was in the 63rd percentile. So Colorado Springs, CO performed better
in the Last Quarter than 63% of the 381 metropolitan areas covered in
Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Colorado Springs, Colorado

The all time high in the Colorado Springs Home Price Index was 186.6 in the 1st
Quarter, of 2007. The 4th Quarter, 2012 index value was 169.0. That's a
decline of 17.63 points or 9.45% below the Colorado Springs Home Price Index
all time high.  The Home Price Index indicates that the Colorado Springs Market
is up 9% over the last 10 years. Home prices in the Colorado Springs Real
Estate Market have gained 0.58% over the last 12 months. Over the last thirty
years, it is up 137%.

The 4th Quarter index value was 1.44 points higher than the 3rd Quarter, 2012
index value of 167.54, resulting in a 0.86% rise in the 4th Quarter for the
Colorado Springs Market.

The Colorado Springs 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 Colorado Springs Real Estate
Market was 20% in the twelve months ended with the 2nd Quarter of 1982. The
worst annual home appreciation rate in the Colorado Springs Market was -7% in
the twelve months ended with the 4th Quarter of 1983.

The highest home appreciation in the Colorado Springs Real Estate Market
over a three year period was 38% in the three years ended with the 4th Quarter
of 1982. The worst home appreciation over a three year period in the Colorado
Springs Market was -9% in the three years ended with the 2nd Quarter of 2011.

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

Historical data on the Colorado Springs Home Price Index is available back to
the 2nd Quarter, of 1979. All calculations are based on the quarterly value of
the House Price Index for the Colorado Springs 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 Colorado Springs 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: Colorado Springs, Colorado

The appreciation of Colorado Springs 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, Colorado Springs Home Prices had a rank of
138, with appreciation of 0.86%. 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, Colorado Springs Home Prices had a rank of 167,
with appreciation during the year of 0.58%. 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, Colorado Springs Home
Prices ranked 174, with a total appreciation of -8.1%. 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, Colorado Springs Home
Prices had a rank of 273, with appreciation during the decade of 9%. 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, Colorado Springs Home
Prices had a rank of 57, with total appreciation over the 20 year period of
107%. 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 Colorado Springs Real
Estate Market is available back to the 2nd Quarter, of 1979. All calculations are
based on the quarterly value of the House Price Index for Colorado Springs.
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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