Denver, CO - House Price Index (HPI) - 32 Year Chart
Denver Real Estate Market & Home Price Forecast
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The House Price Index (HPI) shows changes in Denver-Aurora, 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.
Denver Real Estate Index: 32 Year Chart
Home Values Appreciation Rate - US Cities
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Denver Real Estate Market: Trend, Analysis & Statistics
1/1980         1/1985        1/1990        1/1995        1/2000         1/2005        1/2010
Commentary  12439
3rd Quarter, 2012 Housing Statistics: Denver, Colorado


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      83%

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 Denver housing market for the 12
months ending with the 3rd Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Denver is 83%. In other words, when tested against historical data,
the forecasting methodology was correct 83% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Denver is 83% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 3rd Quarter of 2013 than they were in the 3rd
Quarter of 2012. Check this page each quarter for updates to the Denver Real
Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      79%

The forecast for the trend in the Denver housing market for the 3 years ending
with the 3rd Quarter of 2015 is UP. The Accuracy of the Trend Forecast for
Denver is 79%. In other words, when tested against historical data, the
forecasting methodology was correct 79% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Denver is 79% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 3rd Quarter of 2015 than they were in the 3rd
Quarter of 2012. Check this page each quarter for updates to the Denver Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2012 Housing Data: Denver, Colorado


Historical Home Price Appreciation
Last Quarter                                     1.42%
Last Year . . . . . . . . . . . . . . . . . . . .  2.9%
Last 5 Years                                     -2%
Last 10 Years . . . . . . . . . . . . . . . . . 6%
Last 20 Years                                   138%
Decline From All Time High               3.68%


Annual Home Price Appreciation Rates
1982      11.34%
1983      -1.74%
1984      1.37%
1985      0.10%
1986      2.17%
1987      -4.35%
1988      -1.38%
1989      1.71%
1990      2.27%
1991      4.18%
1992      7.69%
1993      8.86%
1994      10.11%
1995      7.61%
1996      5.09%
1997      6.40%
1998      6.67%
1999      12.91%
2000      13.67%
2001      7.86%
2002      4.05%
2003      2.28%
2004      3.11%
2005      3.90%
2006      0.18%
2007      -1.41%
2008      -1.78%
2009      -1.26%
2010      0.00%
2011      -1.76%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              1.42%         Rank: 136 of 381 (64th Percentile)
Last Year  . . . . . . . . . . . . . . . .  2.9%           Rank: 31 of 381 (92nd Percentile)
Last 5 Years                              -2%             Rank: 106 of 381 (72nd Percentile)
Last 10 Years  . . . . . . . . . . . .   6%              Rank: 302 of 381 (20th Percentile)
Last 20 Years                            138%          Rank: 17 of 365 (95th Percentile)
Decline From All Time High        3.68%

Home Price appreciation rates for Denver-Aurora, CO are shown above for five
time periods. For example: Denver appreciated 1.42% in the Last Quarter. At
that rate, the Denver Real Estate Market was ranked 136th out of 381
metropolitan areas for Real Estate Appreciation. Denver was in the 64th
percentile. So Denver, CO performed better in the Last Quarter than 64% of
the 381 metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2012 Housing Statistics: Denver, Colorado

The data and analysis on this page pertains to Denver-Aurora, CO, hereinafter
referred to as "Denver". The all time high in the Denver Home Price Index was
198.9 in the 4th Quarter, of 2006. The 3rd Quarter, 2012 index value was
191.6. That's a decline of 7.32 points or 3.68% below the Denver Home Price
Index all time high.  The Home Price Index indicates that the Denver Market is
up 6% over the last 10 years. Home prices in the Denver Real Estate Market
have gained 2.88% over the last 12 months. Over the last thirty years, it is up
172%.

The 3rd Quarter index value was 2.68 points higher than the 2nd Quarter, 2012
index value of 188.94, resulting in a 1.42% rise in the 3rd Quarter for the
Denver Market.

The Denver Home Price Index has increased for the last 2 consecutive
quarters. The current record holders for consecutive increases in the Home
Price Index are Boulder, CO and Austin, TX, with increases in the last 6
consecutive quarters. The current record holders for consecutive declines in
the Home Price Index are Yakima, WA; Wilmington, NC; Tallahassee, FL and
Poughkeepsie, NY, with declines in the last 8 consecutive quarters.

The highest annual home appreciation rate in the Denver Real Estate Market
was 29% in the twelve months ended with the 2nd Quarter of 1978. The worst
annual home appreciation rate in the Denver Market was -4% in the twelve
months ended with the 4th Quarter of 1987.

The highest home appreciation in the Denver Real Estate Market over a three
year period was 73% in the three years ended with the 3rd Quarter of 1979.
The worst home appreciation over a three year period in the Denver Market
was -6% in the three years ended with the 1st Quarter of 1989.

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

Historical data on the Denver Home Price Index is available back to the 3rd
Quarter, of 1976. All calculations are based on the quarterly value of the House
Price Index for the Denver 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 Denver 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
3rd Quarter, 2012 Housing Data: Denver, Colorado

The appreciation of Denver 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 Denver-Aurora, CO, hereinafter referred to as "Denver".

Last Quarter:
During the 3rd Quarter of 2012, Denver Home Prices had a rank of 136, with
appreciation of 1.42%. The top performing real estate market during the 3rd
Quarter was Hinesville, GA, with appreciation of 9.16%. The worst market
during that period was Carson City, NV, with appreciation of -3.45%.
The median appreciation for all cities during the 3rd Quarter was 0.99%. The
average appreciation for all markets during the quarter was 1.08%.

Last Year:
During the last 12 months, Denver Home Prices had a rank of 31, with
appreciation during the year of 2.88%. The top performing market during the
last year was Midland, TX, with appreciation of 11.2%. The worst real estate
market during that period was Brunswick, GA, with appreciation of -7.7%.
The median appreciation for all markets during this period was -0.01%. The
average appreciation was -0.05%.

Last 5 Years:
Over the 5 years ended with the 3rd Quarter of 2012, Denver Home Prices
ranked 106, with a total appreciation of -1.8%. The top performing real estate
market during the 5 year period was Midland, TX, with appreciation of 21%. The
worst market during that period was Las Vegas, NV, with appreciation of -57%.
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 3rd Quarter of 2012, Denver Home Prices
had a rank of 302, with appreciation during the decade of 6%. The top
performing market during the period was Midland, TX, with appreciation of
109%. The worst real estate market during the 10 year time period was Detroit,
MI, with appreciation of -32%.
The median appreciation for all markets during the last 10 years was 19%. The
average appreciation for the cities over that time frame was 19%.

Last 20 Years:
During the 20 years ended in the 3rd Quarter of 2012, Denver Home Prices
had a rank of 17, with total appreciation over the 20 year period of 138%. The
top performing real estate market during the period was Casper, WY, with
appreciation of 212%. The worst market during the last 20 years was Las
Vegas, NV, with appreciation of 3%.
The median appreciation for all cities during the last 20 years was 79%. The
average appreciation for the markets over that time frame was 81%.

Historical research data on the Home Price Index for the Denver Real Estate
Market is available back to the 3rd Quarter, of 1976. All calculations are based
on the quarterly value of the House Price Index for Denver. 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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