Decatur, AL - House Price Index (HPI) - 21 Year Chart
Decatur Real Estate Market & Home Price Forecast (AL)
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The House Price Index (HPI) shows changes in Decatur, AL 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.
Decatur Real Estate Index: 21 Year Chart
Home Values Appreciation Rate - US Cities
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Decatur Real Estate Market: Trend, Analysis & Statistics
1/1980         1/1985        1/1990        1/1995        1/2000         1/2005        1/2010
Commentary  13198
4th Quarter, 2012 Housing Statistics: Decatur, Alabama


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      73%

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 Decatur housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Decatur is 73%. In other words, when tested against
historical data, the forecasting methodology was correct 73% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Decatur is 73% 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
Decatur Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      84%

The forecast for the trend in the Decatur housing market for the 3 years ending
with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend Forecast for
Decatur 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
Decatur 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 Decatur Real
Estate Market Forecast.




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


Historical Home Price Appreciation
Last Quarter                                     1.22%
Last Year . . . . . . . . . . . . . . . . . . . .  -1.2%
Last 5 Years                                     0%
Last 10 Years . . . . . . . . . . . . . . . . . 18%
Last 20 Years                                   62%
Decline From All Time High               3.64%


Annual Home Price Appreciation Rates
1983        n/a
1984        n/a
1985        n/a
1986        n/a
1987        n/a
1988      -2.89%
1989      2.27%
1990      -0.45%
1991      4.72%
1992      3.21%
1993      2.41%
1994      -0.10%
1995      4.28%
1996      2.01%
1997      4.55%
1998      7.76%
1999      0.27%
2000      3.42%
2001      4.08%
2002      3.29%
2003      2.06%
2004      2.75%
2005      2.95%
2006      5.62%
2007      4.02%
2008      3.27%
2009      -1.46%
2010      1.34%
2011      -2.04%
2012      -1.18%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              1.22%         Rank: 92 of 381 (76th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -1.2%          Rank: 277 of 381 (27th Percentile)
Last 5 Years                              0%             Rank: 89 of 381 (76th Percentile)
Last 10 Years  . . . . . . . . . . . .   18%            Rank: 185 of 381 (51st Percentile)
Last 20 Years                            62%            Rank: 269 of 368 (26th Percentile)
Decline From All Time High        3.64%

Home Price appreciation rates for Decatur, AL are shown above for five time
periods. For example: Decatur appreciated 1.22% in the Last Quarter. At that
rate, the Decatur Real Estate Market was ranked 92nd out of 381 metropolitan
areas for Real Estate Appreciation. Decatur was in the 76th percentile. So
Decatur, AL performed better in the Last Quarter than 76% of the 381
metropolitan areas covered in Forecast-Chart.com.

























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

The all time high in the Decatur Home Price Index was 164.4 in the 2nd Quarter,
of 2009. The 4th Quarter, 2012 index value was 158.4. That's a decline of 5.99
points or 3.64% below the Decatur Home Price Index all time high.  The Home
Price Index indicates that the Decatur Market is up 18% over the last 10 years.
Home Prices in the Decatur Real Estate Market have lost 1.18% over the last
12 months.

The 4th Quarter index value was 1.91 points higher than the 3rd Quarter, 2012
index value of 156.49, resulting in a 1.22% rise in the 4th Quarter for the
Decatur Market.

The Decatur 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 Decatur Real Estate Market
was 8% in the twelve months ended with the 3rd Quarter of 1998. The worst
annual home appreciation rate in the Decatur Market was -4% in the twelve
months ended with the 3rd Quarter of 2011.

The highest home appreciation in the Decatur Real Estate Market over a three
year period was 16% in the three years ended with the 1st Quarter of 2008.
The worst home appreciation over a three year period in the Decatur Market
was -5% in the three years ended with the 2nd Quarter of 2012.

This page provides a long term graph of the Decatur 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 Decatur Home
Prices will be at your fingertips when you need them.

Historical data on the Decatur 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 Decatur 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 Decatur 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: Decatur, Alabama

The appreciation of Decatur 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, Decatur Home Prices had a rank of 92, with
appreciation of 1.22%. 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, Decatur Home Prices had a rank of 277, with
appreciation during the year of -1.18%. 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, Decatur Home Prices
ranked 89, with a total appreciation of -0.2%. 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, Decatur Home Prices
had a rank of 185, with appreciation during the decade of 18%. 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, Decatur Home Prices
had a rank of 269, with total appreciation over the 20 year period of 62%. 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 Decatur 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 Decatur. 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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