| Hanford, CA - House Price Index (HPI) - 21 Year Chart |
| Hanford Real Estate Market & Home Price Forecast |
| 100 |
| 1000 |
The House Price Index (HPI) shows changes in Hanford-Corcoran, 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.
| Hanford Real Estate Index: 21 Year Chart Home Values Appreciation Rate - US Cities |
| 10 |
Hanford 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 13253
4th Quarter, 2012 Housing Statistics: Hanford, California
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
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 Hanford housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Hanford 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 falling house
prices in Hanford is 75% 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
Hanford Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 78%
The forecast for the trend in the Hanford housing market for the 3 years ending
with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend Forecast for
Hanford 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 falling house prices in
Hanford is 78% 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 Hanford Real
Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Hanford, California
Historical Home Price Appreciation
Last Quarter -0.76%
Last Year . . . . . . . . . . . . . . . . . . . . -1.1%
Last 5 Years -37%
Last 10 Years . . . . . . . . . . . . . . . . . 15%
Last 20 Years 45%
Decline From All Time High 41.89%
Annual Home Price Appreciation Rates
1983 n/a
1984 n/a
1985 n/a
1986 n/a
1987 n/a
1988 3.57%
1989 4.11%
1990 8.50%
1991 8.14%
1992 3.79%
1993 2.90%
1994 -2.43%
1995 7.47%
1996 -3.58%
1997 0.33%
1998 1.39%
1999 -0.61%
2000 5.01%
2001 6.45%
2002 6.66%
2003 14.46%
2004 27.93%
2005 27.91%
2006 3.61%
2007 -5.29%
2008 -19.73%
2009 -9.06%
2010 -3.76%
2011 -9.57%
2012 -1.09%
Real Estate Appreciation, Rank & Percentile
Last Quarter -0.76% Rank: 333 of 381 (12th Percentile)
Last Year . . . . . . . . . . . . . . . . -1.1% Rank: 273 of 381 (28th Percentile)
Last 5 Years -37% Rank: 351 of 381 (7th Percentile)
Last 10 Years . . . . . . . . . . . . 15% Rank: 217 of 381 (43rd Percentile)
Last 20 Years 45% Rank: 330 of 368 (10th Percentile)
Decline From All Time High 41.89%
Home Price appreciation rates for Hanford-Corcoran, CA are shown above for
five time periods. For example: Hanford appreciated -0.76% in the Last Quarter.
At that rate, the Hanford Real Estate Market was ranked 333rd out of 381
metropolitan areas for Real Estate Appreciation. Hanford was in the 12th
percentile. So Hanford, CA performed better in the Last Quarter than 12% of
the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Hanford, California
The data and analysis on this page pertains to Hanford-Corcoran, CA,
hereinafter referred to as "Hanford". The all time high in the Hanford Home
Price Index was 244.7 in the 1st Quarter, of 2007. The 4th Quarter, 2012 index
value was 142.2. That's a decline of 102.52 points or 41.89% below the
Hanford Home Price Index all time high. The Home Price Index indicates that
the Hanford Market is up 15% over the last 10 years. Home Prices in the
Hanford Real Estate Market have lost 1.09% over the last 12 months.
The 4th Quarter index value was 1.09 points lower than the 3rd Quarter, 2012
index value of 143.30, resulting in a 0.76% decline for the 4th Quarter in the
Hanford Market.
The Hanford Home Price Index declined in the last quarter after increasing in
the previous quarter. 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 Hanford Real Estate Market
was 30% in the twelve months ended with the 1st Quarter of 2005. The worst
annual home appreciation rate in the Hanford Market was -20% in the twelve
months ended with the 4th Quarter of 2008.
The highest home appreciation in the Hanford Real Estate Market over a three
year period was 87% in the three years ended with the 4th Quarter of 2005.
The worst home appreciation over a three year period in the Hanford Market
was -34% in the three years ended with the 1st Quarter of 2010.
This page provides a long term graph of the Hanford 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 Hanford Home
Prices will be at your fingertips when you need them.
Historical data on the Hanford 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 Hanford 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 Hanford 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: Hanford, California
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
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 Hanford housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Hanford 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 falling house
prices in Hanford is 75% 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
Hanford Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 78%
The forecast for the trend in the Hanford housing market for the 3 years ending
with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend Forecast for
Hanford 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 falling house prices in
Hanford is 78% 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 Hanford Real
Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Hanford, California
Historical Home Price Appreciation
Last Quarter -0.76%
Last Year . . . . . . . . . . . . . . . . . . . . -1.1%
Last 5 Years -37%
Last 10 Years . . . . . . . . . . . . . . . . . 15%
Last 20 Years 45%
Decline From All Time High 41.89%
Annual Home Price Appreciation Rates
1983 n/a
1984 n/a
1985 n/a
1986 n/a
1987 n/a
1988 3.57%
1989 4.11%
1990 8.50%
1991 8.14%
1992 3.79%
1993 2.90%
1994 -2.43%
1995 7.47%
1996 -3.58%
1997 0.33%
1998 1.39%
1999 -0.61%
2000 5.01%
2001 6.45%
2002 6.66%
2003 14.46%
2004 27.93%
2005 27.91%
2006 3.61%
2007 -5.29%
2008 -19.73%
2009 -9.06%
2010 -3.76%
2011 -9.57%
2012 -1.09%
Real Estate Appreciation, Rank & Percentile
Last Quarter -0.76% Rank: 333 of 381 (12th Percentile)
Last Year . . . . . . . . . . . . . . . . -1.1% Rank: 273 of 381 (28th Percentile)
Last 5 Years -37% Rank: 351 of 381 (7th Percentile)
Last 10 Years . . . . . . . . . . . . 15% Rank: 217 of 381 (43rd Percentile)
Last 20 Years 45% Rank: 330 of 368 (10th Percentile)
Decline From All Time High 41.89%
Home Price appreciation rates for Hanford-Corcoran, CA are shown above for
five time periods. For example: Hanford appreciated -0.76% in the Last Quarter.
At that rate, the Hanford Real Estate Market was ranked 333rd out of 381
metropolitan areas for Real Estate Appreciation. Hanford was in the 12th
percentile. So Hanford, CA performed better in the Last Quarter than 12% of
the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Hanford, California
The data and analysis on this page pertains to Hanford-Corcoran, CA,
hereinafter referred to as "Hanford". The all time high in the Hanford Home
Price Index was 244.7 in the 1st Quarter, of 2007. The 4th Quarter, 2012 index
value was 142.2. That's a decline of 102.52 points or 41.89% below the
Hanford Home Price Index all time high. The Home Price Index indicates that
the Hanford Market is up 15% over the last 10 years. Home Prices in the
Hanford Real Estate Market have lost 1.09% over the last 12 months.
The 4th Quarter index value was 1.09 points lower than the 3rd Quarter, 2012
index value of 143.30, resulting in a 0.76% decline for the 4th Quarter in the
Hanford Market.
The Hanford Home Price Index declined in the last quarter after increasing in
the previous quarter. 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 Hanford Real Estate Market
was 30% in the twelve months ended with the 1st Quarter of 2005. The worst
annual home appreciation rate in the Hanford Market was -20% in the twelve
months ended with the 4th Quarter of 2008.
The highest home appreciation in the Hanford Real Estate Market over a three
year period was 87% in the three years ended with the 4th Quarter of 2005.
The worst home appreciation over a three year period in the Hanford Market
was -34% in the three years ended with the 1st Quarter of 2010.
This page provides a long term graph of the Hanford 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 Hanford Home
Prices will be at your fingertips when you need them.
Historical data on the Hanford 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 Hanford 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 Hanford 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
| Forecasts, charts and analysis... |
|
|
