| El Centro, CA - House Price Index (HPI) - 18 Year Chart |
| El Centro Real Estate Market & Home Price Forecast |
| 100 |
| 1000 |
The House Price Index (HPI) shows changes in El Centro, CA 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.
logarithmic scale. The March, 1995 index value equals 100. Updated Friday, December 28, 2012. See
Real estate forecasts, analysis, statistics and appreciation rates below.
| El Centro Real Estate Index: 18 Year Chart Home Values Appreciation Rate - US Cities |
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El Centro Real Estate Market: Trend, Analysis & Statistics
1/75 1/1980 1/1985 1/1990 1/1995 1/2000 1/2005 1/2010 1/15
Commentary 13211
4th Quarter, 2012 Housing Statistics: El Centro, California
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
Forecast Accuracy: 75%
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 El Centro housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for El Centro is 75%. In other words, when tested against historical
data, the forecasting methodology was correct 75% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in El
Centro is 75% 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 El Centro
Real Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 81%
The forecast for the trend in the El Centro housing market for the 3 years
ending with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast
for El Centro is 81%. In other words, when tested against historical data, the
forecasting methodology was correct 81% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in El
Centro is 81% 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 El Centro
Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: El Centro, California
Historical Home Price Appreciation
Last Quarter 1.23%
Last Year . . . . . . . . . . . . . . . . . . . . 1.6%
Last 5 Years -43%
Last 10 Years . . . . . . . . . . . . . . . . . -2%
Last 20 Years 35%
Decline From All Time High 48.73%
Annual Home Price Appreciation Rates
1983 n/a
1984 n/a
1985 n/a
1986 n/a
1987 n/a
1988 n/a
1989 n/a
1990 9.77%
1991 5.84%
1992 4.62%
1993 2.81%
1994 0.41%
1995 2.65%
1996 -1.11%
1997 2.09%
1998 4.25%
1999 2.67%
2000 4.43%
2001 8.28%
2002 6.99%
2003 10.89%
2004 23.54%
2005 26.96%
2006 7.85%
2007 -9.18%
2008 -35.69%
2009 -8.94%
2010 -1.11%
2011 -2.69%
2012 1.63%
Real Estate Appreciation, Rank & Percentile
Last Quarter 1.23% Rank: 90 of 381 (76th Percentile)
Last Year . . . . . . . . . . . . . . . . 1.6% Rank: 97 of 381 (74th Percentile)
Last 5 Years -43% Rank: 370 of 381 (2nd Percentile)
Last 10 Years . . . . . . . . . . . . -2% Rank: 338 of 381 (11th Percentile)
Last 20 Years 35% Rank: 356 of 368 (3rd Percentile)
Decline From All Time High 48.73%
Home Price appreciation rates for El Centro, CA are shown above for five time
periods. For example: El Centro appreciated 1.23% in the Last Quarter. At that
rate, the El Centro Real Estate Market was ranked 90th out of 381 metropolitan
areas for Real Estate Appreciation. El Centro was in the 76th percentile. So El
Centro, CA 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: El Centro, California
The all time high in the El Centro Home Price Index was 255.7 in the 1st
Quarter, of 2007. The 4th Quarter, 2012 index value was 131.1. That's a
decline of 124.62 points or 48.73% below the El Centro Home Price Index all
time high. The Home Price Index indicates that the El Centro Market is down
2% over the last 10 years. Home prices in the El Centro Real Estate Market
have gained 1.63% over the last 12 months.
The 4th Quarter index value was 1.59 points higher than the 3rd Quarter, 2012
index value of 129.53, resulting in a 1.23% rise in the 4th Quarter for the El
Centro Market.
The El Centro 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 El Centro Real Estate Market
was 33% in the twelve months ended with the 2nd Quarter of 2005. The worst
annual home appreciation rate in the El Centro Market was -36% in the twelve
months ended with the 4th Quarter of 2008.
The highest home appreciation in the El Centro Real Estate Market over a
three year period was 82% in the three years ended with the 1st Quarter of
2006. The worst home appreciation over a three year period in the El Centro
Market was -50% in the three years ended with the 1st Quarter of 2010.
This page provides a long term graph of the El Centro Home Price Index
(above). For information about California home values, look at the links under
that chart. One link opens a forecast for home appreciation rates in the state of
California. Another link opens the home price index chart for California. 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 El
Centro Home Prices will be at your fingertips when you need them.
Historical data on the El Centro Home Price Index is available back to the 1st
Quarter, of 1990. All calculations are based on the quarterly value of the House
Price Index for the El Centro 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 El Centro 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.
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
SignalTrend Inc. 2008 - 2012, All Rights Reserved
4th Quarter, 2012 Housing Statistics: El Centro, California
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
Forecast Accuracy: 75%
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 El Centro housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for El Centro is 75%. In other words, when tested against historical
data, the forecasting methodology was correct 75% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in El
Centro is 75% 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 El Centro
Real Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 81%
The forecast for the trend in the El Centro housing market for the 3 years
ending with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast
for El Centro is 81%. In other words, when tested against historical data, the
forecasting methodology was correct 81% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in El
Centro is 81% 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 El Centro
Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: El Centro, California
Historical Home Price Appreciation
Last Quarter 1.23%
Last Year . . . . . . . . . . . . . . . . . . . . 1.6%
Last 5 Years -43%
Last 10 Years . . . . . . . . . . . . . . . . . -2%
Last 20 Years 35%
Decline From All Time High 48.73%
Annual Home Price Appreciation Rates
1983 n/a
1984 n/a
1985 n/a
1986 n/a
1987 n/a
1988 n/a
1989 n/a
1990 9.77%
1991 5.84%
1992 4.62%
1993 2.81%
1994 0.41%
1995 2.65%
1996 -1.11%
1997 2.09%
1998 4.25%
1999 2.67%
2000 4.43%
2001 8.28%
2002 6.99%
2003 10.89%
2004 23.54%
2005 26.96%
2006 7.85%
2007 -9.18%
2008 -35.69%
2009 -8.94%
2010 -1.11%
2011 -2.69%
2012 1.63%
Real Estate Appreciation, Rank & Percentile
Last Quarter 1.23% Rank: 90 of 381 (76th Percentile)
Last Year . . . . . . . . . . . . . . . . 1.6% Rank: 97 of 381 (74th Percentile)
Last 5 Years -43% Rank: 370 of 381 (2nd Percentile)
Last 10 Years . . . . . . . . . . . . -2% Rank: 338 of 381 (11th Percentile)
Last 20 Years 35% Rank: 356 of 368 (3rd Percentile)
Decline From All Time High 48.73%
Home Price appreciation rates for El Centro, CA are shown above for five time
periods. For example: El Centro appreciated 1.23% in the Last Quarter. At that
rate, the El Centro Real Estate Market was ranked 90th out of 381 metropolitan
areas for Real Estate Appreciation. El Centro was in the 76th percentile. So El
Centro, CA 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: El Centro, California
The all time high in the El Centro Home Price Index was 255.7 in the 1st
Quarter, of 2007. The 4th Quarter, 2012 index value was 131.1. That's a
decline of 124.62 points or 48.73% below the El Centro Home Price Index all
time high. The Home Price Index indicates that the El Centro Market is down
2% over the last 10 years. Home prices in the El Centro Real Estate Market
have gained 1.63% over the last 12 months.
The 4th Quarter index value was 1.59 points higher than the 3rd Quarter, 2012
index value of 129.53, resulting in a 1.23% rise in the 4th Quarter for the El
Centro Market.
The El Centro 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 El Centro Real Estate Market
was 33% in the twelve months ended with the 2nd Quarter of 2005. The worst
annual home appreciation rate in the El Centro Market was -36% in the twelve
months ended with the 4th Quarter of 2008.
The highest home appreciation in the El Centro Real Estate Market over a
three year period was 82% in the three years ended with the 1st Quarter of
2006. The worst home appreciation over a three year period in the El Centro
Market was -50% in the three years ended with the 1st Quarter of 2010.
This page provides a long term graph of the El Centro Home Price Index
(above). For information about California home values, look at the links under
that chart. One link opens a forecast for home appreciation rates in the state of
California. Another link opens the home price index chart for California. 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 El
Centro Home Prices will be at your fingertips when you need them.
Historical data on the El Centro Home Price Index is available back to the 1st
Quarter, of 1990. All calculations are based on the quarterly value of the House
Price Index for the El Centro 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 El Centro 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.
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
SignalTrend Inc. 2008 - 2012, All Rights Reserved
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