| Montgomery, AL - House Price Index (HPI) - 22 Year Chart |
| Montgomery Real Estate Market Forecast |
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The House Price Index (HPI) shows changes in Montgomery, 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.
logarithmic scale. The March, 1995 index value equals 100. Updated Friday, December 28, 2012.
See real estate forecasts, analysis, statistics and appreciation rates below.
| Montgomery Real Estate Index: 22 Year Chart Home Values Appreciation Rate - US Cities |
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Montgomery 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 13338
4th Quarter, 2012 Housing Statistics: Montgomery, Alabama
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
Forecast Accuracy: 84%
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 Montgomery housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Montgomery is 84%. In other words, when tested against
historical data, the forecasting methodology was correct 84% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Montgomery is 84% 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
Montgomery Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 88%
The forecast for the trend in the Montgomery housing market for the 3 years
ending with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend
Forecast for Montgomery is 88%. In other words, when tested against historical
data, the forecasting methodology was correct 88% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Montgomery is 88% 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
Montgomery Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Montgomery, Alabama
Historical Home Price Appreciation
Last Quarter 0.22%
Last Year -3.0%
Last 5 Years -10%
Last 10 Years 13%
Last 20 Years 46%
Decline From All Time High 11.59%
Annual Home Price Appreciation Rates
1983 n/a
1984 n/a
1985 n/a
1986 n/a
1987 1.66%
1988 -0.16%
1989 3.40%
1990 1.18%
1991 3.12%
1992 3.58%
1993 3.35%
1994 2.84%
1995 4.71%
1996 0.35%
1997 2.97%
1998 3.50%
1999 -0.04%
2000 1.37%
2001 5.54%
2002 2.01%
2003 2.29%
2004 4.56%
2005 7.15%
2006 7.74%
2007 1.75%
2008 0.64%
2009 -4.30%
2010 -1.25%
2011 -2.82%
2012 -3.01%
Real Estate Appreciation, Rank & Percentile
Last Quarter 0.22% Rank: 223 of 381 (41st Percentile)
Last Year . . . . . . . . . . . . . . . . -3.0% Rank: 350 of 381 (8th Percentile)
Last 5 Years -10% Rank: 202 of 381 (47th Percentile)
Last 10 Years . . . . . . . . . . . . 13% Rank: 243 of 381 (36th Percentile)
Last 20 Years 46% Rank: 324 of 368 (11th Percentile)
Decline From All Time High 11.59%
Home Price appreciation rates for Montgomery, AL are shown above for five
time periods. For example: Montgomery appreciated 0.22% in the Last Quarter.
At that rate, the Montgomery Real Estate Market was ranked 223rd out of 381
metropolitan areas for Real Estate Appreciation. Montgomery was in the 41st
percentile. So Montgomery, AL performed better in the Last Quarter than 41%
of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Montgomery, Alabama
The all time high in the Montgomery Home Price Index was 157.9 in the 1st
Quarter, of 2008. The 4th Quarter, 2012 index value was 139.6. That's a
decline of 18.29 points or 11.59% below the Montgomery Home Price Index all
time high. The Home Price Index indicates that the Montgomery Market is up
13% over the last 10 years. Home Prices in the Montgomery Real Estate Market
have lost 3.01% over the last 12 months.
The 4th Quarter index value was 0.31 points higher than the 3rd Quarter, 2012
index value of 139.27, resulting in a 0.22% rise in the 4th Quarter for the
Montgomery Market.
The Montgomery 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 Montgomery Real Estate
Market was 9% in the twelve months ended with the 1st Quarter of 2006. The
worst annual home appreciation rate in the Montgomery Market was -7% in the
twelve months ended with the 1st Quarter of 2010.
The highest home appreciation in the Montgomery Real Estate Market over a
three year period was 22% in the three years ended with the 2nd Quarter of
2007. The worst home appreciation over a three year period in the Montgomery
Market was -11% in the three years ended with the 2nd Quarter of 2012.
This page provides a long term graph of the Montgomery 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
Montgomery Home Prices will be at your fingertips when you need them.
Historical data on the Montgomery Home Price Index is available back to the
2nd Quarter, of 1986. All calculations are based on the quarterly value of the
House Price Index for the Montgomery 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 Montgomery 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: Montgomery, Alabama
The appreciation of Montgomery 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, Montgomery Home Prices had a rank of 223,
with appreciation of 0.22%. 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, Montgomery Home Prices had a rank of 350, with
appreciation during the year of -3.01%. 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, Montgomery Home Prices
ranked 202, with a total appreciation of -10.3%. 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, Montgomery Home
Prices had a rank of 243, with appreciation during the decade of 13%. 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, Montgomery Home
Prices had a rank of 324, with total appreciation over the 20 year period of
46%. 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 Montgomery Real
Estate Market is available back to the 2nd Quarter, of 1986. All calculations are
based on the quarterly value of the House Price Index for Montgomery. 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: Montgomery, Alabama
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
Forecast Accuracy: 84%
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 Montgomery housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Montgomery is 84%. In other words, when tested against
historical data, the forecasting methodology was correct 84% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Montgomery is 84% 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
Montgomery Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 88%
The forecast for the trend in the Montgomery housing market for the 3 years
ending with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend
Forecast for Montgomery is 88%. In other words, when tested against historical
data, the forecasting methodology was correct 88% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Montgomery is 88% 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
Montgomery Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Montgomery, Alabama
Historical Home Price Appreciation
Last Quarter 0.22%
Last Year -3.0%
Last 5 Years -10%
Last 10 Years 13%
Last 20 Years 46%
Decline From All Time High 11.59%
Annual Home Price Appreciation Rates
1983 n/a
1984 n/a
1985 n/a
1986 n/a
1987 1.66%
1988 -0.16%
1989 3.40%
1990 1.18%
1991 3.12%
1992 3.58%
1993 3.35%
1994 2.84%
1995 4.71%
1996 0.35%
1997 2.97%
1998 3.50%
1999 -0.04%
2000 1.37%
2001 5.54%
2002 2.01%
2003 2.29%
2004 4.56%
2005 7.15%
2006 7.74%
2007 1.75%
2008 0.64%
2009 -4.30%
2010 -1.25%
2011 -2.82%
2012 -3.01%
Real Estate Appreciation, Rank & Percentile
Last Quarter 0.22% Rank: 223 of 381 (41st Percentile)
Last Year . . . . . . . . . . . . . . . . -3.0% Rank: 350 of 381 (8th Percentile)
Last 5 Years -10% Rank: 202 of 381 (47th Percentile)
Last 10 Years . . . . . . . . . . . . 13% Rank: 243 of 381 (36th Percentile)
Last 20 Years 46% Rank: 324 of 368 (11th Percentile)
Decline From All Time High 11.59%
Home Price appreciation rates for Montgomery, AL are shown above for five
time periods. For example: Montgomery appreciated 0.22% in the Last Quarter.
At that rate, the Montgomery Real Estate Market was ranked 223rd out of 381
metropolitan areas for Real Estate Appreciation. Montgomery was in the 41st
percentile. So Montgomery, AL performed better in the Last Quarter than 41%
of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Montgomery, Alabama
The all time high in the Montgomery Home Price Index was 157.9 in the 1st
Quarter, of 2008. The 4th Quarter, 2012 index value was 139.6. That's a
decline of 18.29 points or 11.59% below the Montgomery Home Price Index all
time high. The Home Price Index indicates that the Montgomery Market is up
13% over the last 10 years. Home Prices in the Montgomery Real Estate Market
have lost 3.01% over the last 12 months.
The 4th Quarter index value was 0.31 points higher than the 3rd Quarter, 2012
index value of 139.27, resulting in a 0.22% rise in the 4th Quarter for the
Montgomery Market.
The Montgomery 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 Montgomery Real Estate
Market was 9% in the twelve months ended with the 1st Quarter of 2006. The
worst annual home appreciation rate in the Montgomery Market was -7% in the
twelve months ended with the 1st Quarter of 2010.
The highest home appreciation in the Montgomery Real Estate Market over a
three year period was 22% in the three years ended with the 2nd Quarter of
2007. The worst home appreciation over a three year period in the Montgomery
Market was -11% in the three years ended with the 2nd Quarter of 2012.
This page provides a long term graph of the Montgomery 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
Montgomery Home Prices will be at your fingertips when you need them.
Historical data on the Montgomery Home Price Index is available back to the
2nd Quarter, of 1986. All calculations are based on the quarterly value of the
House Price Index for the Montgomery 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 Montgomery 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: Montgomery, Alabama
The appreciation of Montgomery 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, Montgomery Home Prices had a rank of 223,
with appreciation of 0.22%. 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, Montgomery Home Prices had a rank of 350, with
appreciation during the year of -3.01%. 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, Montgomery Home Prices
ranked 202, with a total appreciation of -10.3%. 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, Montgomery Home
Prices had a rank of 243, with appreciation during the decade of 13%. 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, Montgomery Home
Prices had a rank of 324, with total appreciation over the 20 year period of
46%. 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 Montgomery Real
Estate Market is available back to the 2nd Quarter, of 1986. All calculations are
based on the quarterly value of the House Price Index for Montgomery. 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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