| Jacksonville, FL - House Price Index (HPI) - 30 Year Chart |
| Jacksonville Real Estate Market & Home Price Forecast (FL) |
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The House Price Index (HPI) shows changes in Jacksonville, FL 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.
| Jacksonville Real Estate Index: 30 Year Chart Home Values Appreciation Rate - US Cities |
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Jacksonville Real Estate Market: Trend, Analysis & Statistics
1/1980 1/1985 1/1990 1/1995 1/2000 1/2005 1/2010
Commentary 13274
4th Quarter, 2012 Housing Statistics: Jacksonville, Florida
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
Forecast Accuracy: 91%
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 Jacksonville housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Jacksonville is 91%. In other words, when tested against
historical data, the forecasting methodology was correct 91% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Jacksonville is 91% 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
Jacksonville Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 90%
The forecast for the trend in the Jacksonville housing market for the 3 years
ending with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend
Forecast for Jacksonville is 90%. In other words, when tested against historical
data, the forecasting methodology was correct 90% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Jacksonville is 90% 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
Jacksonville Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Jacksonville, Florida
Historical Home Price Appreciation
Last Quarter -0.34%
Last Year -2.1%
Last 5 Years -33%
Last 10 Years 8%
Last 20 Years 79%
Decline From All Time High 35.57%
Annual Home Price Appreciation Rates
1983 7.45%
1984 -0.23%
1985 6.90%
1986 4.13%
1987 1.41%
1988 2.19%
1989 0.97%
1990 0.48%
1991 1.64%
1992 3.23%
1993 3.15%
1994 0.32%
1995 2.73%
1996 3.92%
1997 5.11%
1998 6.08%
1999 6.48%
2000 7.43%
2001 8.86%
2002 8.22%
2003 9.34%
2004 14.34%
2005 19.47%
2006 11.76%
2007 -3.10%
2008 -12.27%
2009 -10.57%
2010 -7.24%
2011 -6.44%
2012 -2.07%
Real Estate Appreciation, Rank & Percentile
Last Quarter -0.34% Rank: 310 of 381 (18th Percentile)
Last Year . . . . . . . . . . . . . . . . -2.1% Rank: 325 of 381 (14th Percentile)
Last 5 Years -33% Rank: 342 of 381 (10th Percentile)
Last 10 Years . . . . . . . . . . . . 8% Rank: 287 of 381 (24th Percentile)
Last 20 Years 79% Rank: 178 of 368 (51st Percentile)
Decline From All Time High 35.57%
Home Price appreciation rates for Jacksonville, FL are shown above for five
time periods. For example: Jacksonville appreciated -0.34% in the Last Quarter.
At that rate, the Jacksonville Real Estate Market was ranked 310th out of 381
metropolitan areas for Real Estate Appreciation. Jacksonville was in the 18th
percentile. So Jacksonville, FL performed better in the Last Quarter than 18%
of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Jacksonville, Florida
The all time high in the Jacksonville Home Price Index was 267.7 in the 2nd
Quarter, of 2007. The 4th Quarter, 2012 index value was 172.5. That's a
decline of 95.23 points or 35.57% below the Jacksonville Home Price Index all
time high. The Home Price Index indicates that the Jacksonville Market is up
8% over the last 10 years. Home Prices in the Jacksonville Real Estate Market
have lost 2.07% over the last 12 months. Over the last thirty years, it is up
136%.
The 4th Quarter index value was 0.58 points lower than the 3rd Quarter, 2012
index value of 173.06, resulting in a 0.34% decline for the 4th Quarter in the
Jacksonville Market.
The Jacksonville 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 Jacksonville Real Estate
Market was 21% in the twelve months ended with the 1st Quarter of 2006. The
worst annual home appreciation rate in the Jacksonville Market was -13% in the
twelve months ended with the 1st Quarter of 2010.
The highest home appreciation in the Jacksonville Real Estate Market over a
three year period was 56% in the three years ended with the 3rd Quarter of
2006. The worst home appreciation over a three year period in the Jacksonville
Market was -29% in the three years ended with the 2nd Quarter of 2011.
This page provides a long term graph of the Jacksonville Home Price Index
(above). For information about Florida home values, look at the links under that
chart. One link opens a forecast for home appreciation rates in the state of
Florida. Another link opens the home price index chart for Florida. 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
Jacksonville Home Prices will be at your fingertips when you need them.
Historical data on the Jacksonville Home Price Index is available back to the 3rd
Quarter, of 1978. All calculations are based on the quarterly value of the House
Price Index for the Jacksonville 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 Jacksonville 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: Jacksonville, Florida
The appreciation of Jacksonville 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, Jacksonville Home Prices had a rank of 310,
with appreciation of -0.34%. 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, Jacksonville Home Prices had a rank of 325, with
appreciation during the year of -2.07%. 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, Jacksonville Home Prices
ranked 342, with a total appreciation of -33.3%. 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, Jacksonville Home
Prices had a rank of 287, with appreciation during the decade of 8%. 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, Jacksonville Home
Prices had a rank of 178, with total appreciation over the 20 year period of
79%. 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 Jacksonville Real
Estate Market is available back to the 3rd Quarter, of 1978. All calculations are
based on the quarterly value of the House Price Index for Jacksonville. 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.)
_____________________________________________________________
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: Jacksonville, Florida
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
Forecast Accuracy: 91%
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 Jacksonville housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Jacksonville is 91%. In other words, when tested against
historical data, the forecasting methodology was correct 91% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Jacksonville is 91% 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
Jacksonville Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 90%
The forecast for the trend in the Jacksonville housing market for the 3 years
ending with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend
Forecast for Jacksonville is 90%. In other words, when tested against historical
data, the forecasting methodology was correct 90% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Jacksonville is 90% 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
Jacksonville Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Jacksonville, Florida
Historical Home Price Appreciation
Last Quarter -0.34%
Last Year -2.1%
Last 5 Years -33%
Last 10 Years 8%
Last 20 Years 79%
Decline From All Time High 35.57%
Annual Home Price Appreciation Rates
1983 7.45%
1984 -0.23%
1985 6.90%
1986 4.13%
1987 1.41%
1988 2.19%
1989 0.97%
1990 0.48%
1991 1.64%
1992 3.23%
1993 3.15%
1994 0.32%
1995 2.73%
1996 3.92%
1997 5.11%
1998 6.08%
1999 6.48%
2000 7.43%
2001 8.86%
2002 8.22%
2003 9.34%
2004 14.34%
2005 19.47%
2006 11.76%
2007 -3.10%
2008 -12.27%
2009 -10.57%
2010 -7.24%
2011 -6.44%
2012 -2.07%
Real Estate Appreciation, Rank & Percentile
Last Quarter -0.34% Rank: 310 of 381 (18th Percentile)
Last Year . . . . . . . . . . . . . . . . -2.1% Rank: 325 of 381 (14th Percentile)
Last 5 Years -33% Rank: 342 of 381 (10th Percentile)
Last 10 Years . . . . . . . . . . . . 8% Rank: 287 of 381 (24th Percentile)
Last 20 Years 79% Rank: 178 of 368 (51st Percentile)
Decline From All Time High 35.57%
Home Price appreciation rates for Jacksonville, FL are shown above for five
time periods. For example: Jacksonville appreciated -0.34% in the Last Quarter.
At that rate, the Jacksonville Real Estate Market was ranked 310th out of 381
metropolitan areas for Real Estate Appreciation. Jacksonville was in the 18th
percentile. So Jacksonville, FL performed better in the Last Quarter than 18%
of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Jacksonville, Florida
The all time high in the Jacksonville Home Price Index was 267.7 in the 2nd
Quarter, of 2007. The 4th Quarter, 2012 index value was 172.5. That's a
decline of 95.23 points or 35.57% below the Jacksonville Home Price Index all
time high. The Home Price Index indicates that the Jacksonville Market is up
8% over the last 10 years. Home Prices in the Jacksonville Real Estate Market
have lost 2.07% over the last 12 months. Over the last thirty years, it is up
136%.
The 4th Quarter index value was 0.58 points lower than the 3rd Quarter, 2012
index value of 173.06, resulting in a 0.34% decline for the 4th Quarter in the
Jacksonville Market.
The Jacksonville 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 Jacksonville Real Estate
Market was 21% in the twelve months ended with the 1st Quarter of 2006. The
worst annual home appreciation rate in the Jacksonville Market was -13% in the
twelve months ended with the 1st Quarter of 2010.
The highest home appreciation in the Jacksonville Real Estate Market over a
three year period was 56% in the three years ended with the 3rd Quarter of
2006. The worst home appreciation over a three year period in the Jacksonville
Market was -29% in the three years ended with the 2nd Quarter of 2011.
This page provides a long term graph of the Jacksonville Home Price Index
(above). For information about Florida home values, look at the links under that
chart. One link opens a forecast for home appreciation rates in the state of
Florida. Another link opens the home price index chart for Florida. 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
Jacksonville Home Prices will be at your fingertips when you need them.
Historical data on the Jacksonville Home Price Index is available back to the 3rd
Quarter, of 1978. All calculations are based on the quarterly value of the House
Price Index for the Jacksonville 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 Jacksonville 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: Jacksonville, Florida
The appreciation of Jacksonville 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, Jacksonville Home Prices had a rank of 310,
with appreciation of -0.34%. 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, Jacksonville Home Prices had a rank of 325, with
appreciation during the year of -2.07%. 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, Jacksonville Home Prices
ranked 342, with a total appreciation of -33.3%. 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, Jacksonville Home
Prices had a rank of 287, with appreciation during the decade of 8%. 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, Jacksonville Home
Prices had a rank of 178, with total appreciation over the 20 year period of
79%. 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 Jacksonville Real
Estate Market is available back to the 3rd Quarter, of 1978. All calculations are
based on the quarterly value of the House Price Index for Jacksonville. 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.)
_____________________________________________________________
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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