Little Rock, AR - House Price Index (HPI) - 30 Year Chart
Little Rock Real Estate Market & Home Price Forecast
100
1000
The House Price Index (HPI) shows changes in Little Rock-North Little Rock-Conway, AR 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.
Little Rock Real Estate Index: 30 Year Chart
Home Values Appreciation Rate - US Cities
10
Little Rock 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  13311
4th Quarter, 2012 Housing Statistics: Little Rock, Arkansas


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      82%

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 Little Rock housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Little Rock is 82%. In other words, when tested against historical
data, the forecasting methodology was correct 82% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Little Rock is 82% 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 Little Rock
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      80%

The forecast for the trend in the Little Rock housing market for the 3 years
ending with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast
for Little Rock is 80%. In other words, when tested against historical data, the
forecasting methodology was correct 80% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Little Rock is 80% 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 Little Rock
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Little Rock, Arkansas


Historical Home Price Appreciation
Last Quarter                         0.40%
Last Year                              0.6%
Last 5 Years                         0%
Last 10 Years                       25%
Last 20 Years                       84%
Decline From All Time High   1.32%


Annual Home Price Appreciation Rates
1983      13.24%
1984      4.03%
1985      2.35%
1986      3.38%
1987      -2.17%
1988      -0.54%
1989      -0.39%
1990      0.96%
1991      4.32%
1992      2.33%
1993      5.87%
1994      4.85%
1995      4.94%
1996      1.87%
1997      3.43%
1998      4.98%
1999      1.92%
2000      3.00%
2001      4.40%
2002      3.89%
2003      4.45%
2004      5.26%
2005      6.84%
2006      4.50%
2007      2.38%
2008      0.37%
2009      -1.01%
2010      -0.60%
2011      0.37%
2012      0.65%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.40%         Rank: 205 of 381 (46th Percentile)
Last Year  . . . . . . . . . . . . . . . .  0.6%           Rank: 161 of 381 (57th Percentile)
Last 5 Years                              0%             Rank: 90 of 381 (76th Percentile)
Last 10 Years  . . . . . . . . . . . .   25%            Rank: 122 of 381 (68th Percentile)
Last 20 Years                            84%            Rank: 156 of 368 (57th Percentile)
Decline From All Time High        1.32%

Home Price appreciation rates for Little Rock-North Little Rock-Conway, AR are
shown above for five time periods. For example: Little Rock appreciated 0.40%
in the Last Quarter. At that rate, the Little Rock Real Estate Market was ranked
205th out of 381 metropolitan areas for Real Estate Appreciation. Little Rock
was in the 46th percentile. So Little Rock, AR performed better in the Last
Quarter than 46% of the 381 metropolitan areas covered in
Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Little Rock, Arkansas

The data and analysis on this page pertains to Little Rock-North Little
Rock-Conway, AR, hereinafter referred to as "Little Rock". The all time high in
the Little Rock Home Price Index was 168.1 in the 1st Quarter, of 2009. The 4th
Quarter, 2012 index value was 165.8. That's a decline of 2.21 points or 1.32%
below the Little Rock Home Price Index all time high.  The Home Price Index
indicates that the Little Rock Market is up 25% over the last 10 years. Home
prices in the Little Rock Real Estate Market have gained 0.65% over the last 12
months. Over the last thirty years, it is up 139%.

The 4th Quarter index value was 0.66 points higher than the 3rd Quarter, 2012
index value of 165.18, resulting in a 0.40% rise in the 4th Quarter for the Little
Rock Market.

The Little Rock 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 Little Rock Real Estate
Market was 23% in the twelve months ended with the 2nd Quarter of 1979. The
worst annual home appreciation rate in the Little Rock Market was -3% in the
twelve months ended with the 2nd Quarter of 1982.

The highest home appreciation in the Little Rock Real Estate Market over a
three year period was 38% in the three years ended with the 2nd Quarter of
1981. The worst home appreciation over a three year period in the Little Rock
Market was -4% in the three years ended with the 2nd Quarter of 1990.

This page provides a long term graph of the Little Rock Home Price Index
(above). For information about Arkansas home values, look at the links under
that chart. One link opens a forecast for home appreciation rates in the state of
Arkansas. Another link opens the home price index chart for Arkansas. 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 Little
Rock Home Prices will be at your fingertips when you need them.

Historical data on the Little Rock Home Price Index is available back to the 2nd
Quarter, of 1978. All calculations are based on the quarterly value of the House
Price Index for the Little Rock 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 Little Rock 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: Little Rock, Arkansas

The appreciation of Little Rock 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 Little Rock-North Little Rock-Conway, AR, hereinafter referred to as "Little
Rock".

Last Quarter:
During the 4th Quarter of 2012, Little Rock Home Prices had a rank of 205, with
appreciation of 0.40%. 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, Little Rock Home Prices had a rank of 161, with
appreciation during the year of 0.65%. 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, Little Rock Home Prices
ranked 90, 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, Little Rock Home Prices
had a rank of 122, with appreciation during the decade of 25%. 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, Little Rock Home Prices
had a rank of 156, with total appreciation over the 20 year period of 84%. 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 Little Rock Real Estate
Market is available back to the 2nd Quarter, of 1978. All calculations are based
on the quarterly value of the House Price Index for Little Rock. 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
Forecasts, charts and analysis...