| Mobile, AL - House Price Index (HPI) - 23 Year Chart |
| Mobile Real Estate Market Forecast |
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The House Price Index (HPI) shows changes in Mobile, AL 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.
scale. The March, 1995 index value equals 100. Updated Friday, December 28, 2012. See real estate
forecasts, analysis, statistics and appreciation rates below.
| Mobile Real Estate Index: 23 Year Chart Home Values Appreciation Rate - US Cities |
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Mobile 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 13334
4th Quarter, 2012 Housing Statistics: Mobile, Alabama
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
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 Mobile housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Mobile 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 falling house prices in
Mobile is 83% 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 Mobile Real
Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 79%
The forecast for the trend in the Mobile housing market for the 3 years ending
with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend Forecast for
Mobile 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 falling house prices in
Mobile is 79% 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 Mobile Real
Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Mobile, Alabama
Historical Home Price Appreciation
Last Quarter -0.89%
Last Year -4.4%
Last 5 Years -17%
Last 10 Years 16%
Last 20 Years 75%
Decline From All Time High 17.64%
Annual Home Price Appreciation Rates
1983 n/a
1984 n/a
1985 12.83%
1986 5.07%
1987 -3.92%
1988 0.22%
1989 1.87%
1990 0.63%
1991 4.79%
1992 4.51%
1993 5.16%
1994 2.41%
1995 4.12%
1996 5.01%
1997 4.86%
1998 6.12%
1999 2.46%
2000 3.43%
2001 5.91%
2002 2.39%
2003 2.66%
2004 4.39%
2005 8.16%
2006 14.85%
2007 4.95%
2008 -0.98%
2009 -2.94%
2010 -4.99%
2011 -4.75%
2012 -4.36%
Real Estate Appreciation, Rank & Percentile
Last Quarter -0.89% Rank: 339 of 381 (11th Percentile)
Last Year . . . . . . . . . . . . . . . . -4.4% Rank: 371 of 381 (2nd Percentile)
Last 5 Years -17% Rank: 257 of 381 (32nd Percentile)
Last 10 Years . . . . . . . . . . . . 16% Rank: 207 of 381 (45th Percentile)
Last 20 Years 75% Rank: 203 of 368 (44th Percentile)
Decline From All Time High 17.64%
Home Price appreciation rates for Mobile, AL are shown above for five time
periods. For example: Mobile appreciated -0.89% in the Last Quarter. At that
rate, the Mobile Real Estate Market was ranked 339th out of 381 metropolitan
areas for Real Estate Appreciation. Mobile was in the 11th percentile. So
Mobile, AL performed better in the Last Quarter than 11% of the 381
metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Mobile, Alabama
The all time high in the Mobile Home Price Index was 192.7 in the 1st Quarter,
of 2009. The 4th Quarter, 2012 index value was 158.7. That's a decline of
33.99 points or 17.64% below the Mobile Home Price Index all time high. The
Home Price Index indicates that the Mobile Market is up 16% over the last 10
years. Home Prices in the Mobile Real Estate Market have lost 4.36% over the
last 12 months.
The 4th Quarter index value was 1.42 points lower than the 3rd Quarter, 2012
index value of 160.12, resulting in a 0.89% decline for the 4th Quarter in the
Mobile Market.
The Mobile 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 Mobile Real Estate Market
was 16% in the twelve months ended with the 3rd Quarter of 2006. The worst
annual home appreciation rate in the Mobile Market was -16% in the twelve
months ended with the 1st Quarter of 1985.
The highest home appreciation in the Mobile Real Estate Market over a three
year period was 33% in the three years ended with the 2nd Quarter of 2007.
The worst home appreciation over a three year period in the Mobile Market was
-16% in the three years ended with the 2nd Quarter of 2012.
This page provides a long term graph of the Mobile Home Price Index (above).
For information about Alabama home values, look at the links under that chart.
One link opens a forecast for home appreciation rates in the state of Alabama.
Another link opens the home price index chart for Alabama. 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 Mobile Home
Prices will be at your fingertips when you need them.
Historical data on the Mobile Home Price Index is available back to the 1st
Quarter, of 1985. All calculations are based on the quarterly value of the House
Price Index for the Mobile 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 Mobile 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: Mobile, Alabama
The appreciation of Mobile 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, Mobile Home Prices had a rank of 339, with
appreciation of -0.89%. 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, Mobile Home Prices had a rank of 371, with
appreciation during the year of -4.36%. 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, Mobile Home Prices
ranked 257, with a total appreciation of -16.8%. 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, Mobile Home Prices had
a rank of 207, with appreciation during the decade of 16%. 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, Mobile Home Prices had
a rank of 203, with total appreciation over the 20 year period of 75%. 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 Mobile Real Estate
Market is available back to the 1st Quarter, of 1985. All calculations are based
on the quarterly value of the House Price Index for Mobile. 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: Mobile, Alabama
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
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 Mobile housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Mobile 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 falling house prices in
Mobile is 83% 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 Mobile Real
Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 79%
The forecast for the trend in the Mobile housing market for the 3 years ending
with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend Forecast for
Mobile 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 falling house prices in
Mobile is 79% 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 Mobile Real
Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Mobile, Alabama
Historical Home Price Appreciation
Last Quarter -0.89%
Last Year -4.4%
Last 5 Years -17%
Last 10 Years 16%
Last 20 Years 75%
Decline From All Time High 17.64%
Annual Home Price Appreciation Rates
1983 n/a
1984 n/a
1985 12.83%
1986 5.07%
1987 -3.92%
1988 0.22%
1989 1.87%
1990 0.63%
1991 4.79%
1992 4.51%
1993 5.16%
1994 2.41%
1995 4.12%
1996 5.01%
1997 4.86%
1998 6.12%
1999 2.46%
2000 3.43%
2001 5.91%
2002 2.39%
2003 2.66%
2004 4.39%
2005 8.16%
2006 14.85%
2007 4.95%
2008 -0.98%
2009 -2.94%
2010 -4.99%
2011 -4.75%
2012 -4.36%
Real Estate Appreciation, Rank & Percentile
Last Quarter -0.89% Rank: 339 of 381 (11th Percentile)
Last Year . . . . . . . . . . . . . . . . -4.4% Rank: 371 of 381 (2nd Percentile)
Last 5 Years -17% Rank: 257 of 381 (32nd Percentile)
Last 10 Years . . . . . . . . . . . . 16% Rank: 207 of 381 (45th Percentile)
Last 20 Years 75% Rank: 203 of 368 (44th Percentile)
Decline From All Time High 17.64%
Home Price appreciation rates for Mobile, AL are shown above for five time
periods. For example: Mobile appreciated -0.89% in the Last Quarter. At that
rate, the Mobile Real Estate Market was ranked 339th out of 381 metropolitan
areas for Real Estate Appreciation. Mobile was in the 11th percentile. So
Mobile, AL performed better in the Last Quarter than 11% of the 381
metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Mobile, Alabama
The all time high in the Mobile Home Price Index was 192.7 in the 1st Quarter,
of 2009. The 4th Quarter, 2012 index value was 158.7. That's a decline of
33.99 points or 17.64% below the Mobile Home Price Index all time high. The
Home Price Index indicates that the Mobile Market is up 16% over the last 10
years. Home Prices in the Mobile Real Estate Market have lost 4.36% over the
last 12 months.
The 4th Quarter index value was 1.42 points lower than the 3rd Quarter, 2012
index value of 160.12, resulting in a 0.89% decline for the 4th Quarter in the
Mobile Market.
The Mobile 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 Mobile Real Estate Market
was 16% in the twelve months ended with the 3rd Quarter of 2006. The worst
annual home appreciation rate in the Mobile Market was -16% in the twelve
months ended with the 1st Quarter of 1985.
The highest home appreciation in the Mobile Real Estate Market over a three
year period was 33% in the three years ended with the 2nd Quarter of 2007.
The worst home appreciation over a three year period in the Mobile Market was
-16% in the three years ended with the 2nd Quarter of 2012.
This page provides a long term graph of the Mobile Home Price Index (above).
For information about Alabama home values, look at the links under that chart.
One link opens a forecast for home appreciation rates in the state of Alabama.
Another link opens the home price index chart for Alabama. 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 Mobile Home
Prices will be at your fingertips when you need them.
Historical data on the Mobile Home Price Index is available back to the 1st
Quarter, of 1985. All calculations are based on the quarterly value of the House
Price Index for the Mobile 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 Mobile 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: Mobile, Alabama
The appreciation of Mobile 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, Mobile Home Prices had a rank of 339, with
appreciation of -0.89%. 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, Mobile Home Prices had a rank of 371, with
appreciation during the year of -4.36%. 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, Mobile Home Prices
ranked 257, with a total appreciation of -16.8%. 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, Mobile Home Prices had
a rank of 207, with appreciation during the decade of 16%. 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, Mobile Home Prices had
a rank of 203, with total appreciation over the 20 year period of 75%. 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 Mobile Real Estate
Market is available back to the 1st Quarter, of 1985. All calculations are based
on the quarterly value of the House Price Index for Mobile. 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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