Napa, CA - House Price Index (HPI) - 29 Year Chart
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Napa Real Estate Market Forecast
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The House Price Index (HPI) shows changes in Napa, 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.
Napa 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 13345
4th Quarter, 2012 Housing Statistics: Napa, California
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
Forecast Accuracy: 80%
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 Napa housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Napa 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
Napa is 80% 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 Napa Real
Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 77%
The forecast for the trend in the Napa housing market for the 3 years ending
with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast for
Napa is 77%. In other words, when tested against historical data, the
forecasting methodology was correct 77% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Napa is 77% 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 Napa Real
Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Napa, California
Historical Home Price Appreciation
Last Quarter 1.59%
Last Year 3.9%
Last 5 Years -33%
Last 10 Years -1%
Last 20 Years 86%
Decline From All Time High 39.31%
Annual Home Price Appreciation Rates
1983 0.29%
1984 1.89%
1985 5.64%
1986 7.98%
1987 11.15%
1988 13.54%
1989 19.02%
1990 12.63%
1991 1.61%
1992 -0.09%
1993 -1.38%
1994 -4.43%
1995 0.66%
1996 -0.59%
1997 4.91%
1998 6.73%
1999 15.43%
2000 20.52%
2001 12.36%
2002 14.03%
2003 15.21%
2004 17.98%
2005 17.09%
2006 -0.58%
2007 -7.48%
2008 -20.05%
2009 -9.47%
2010 -4.58%
2011 -6.13%
2012 3.95%
Real Estate Appreciation, Rank & Percentile
Last Quarter 1.59% Rank: 73 of 381 (81st Percentile)
Last Year . . . . . . . . . . . . . . . . 3.9% Rank: 26 of 381 (93rd Percentile)
Last 5 Years -33% Rank: 338 of 381 (11th Percentile)
Last 10 Years . . . . . . . . . . . . -1% Rank: 334 of 381 (12th Percentile)
Last 20 Years 86% Rank: 139 of 368 (62nd Percentile)
Decline From All Time High 39.31%
Home Price appreciation rates for Napa, CA are shown above for five time
periods. For example: Napa appreciated 1.59% in the Last Quarter. At that rate,
the Napa Real Estate Market was ranked 73rd out of 381 metropolitan areas for
Real Estate Appreciation. Napa was in the 81st percentile. So Napa, CA
performed better in the Last Quarter than 81% of the 381 metropolitan areas
covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Napa, California
The all time high in the Napa Home Price Index was 319.9 in the 1st Quarter, of
2006. The 4th Quarter, 2012 index value was 194.2. That's a decline of 125.74
points or 39.31% below the Napa Home Price Index all time high. The Home
Price Index indicates that the Napa Market is down 1% over the last 10 years.
Home prices in the Napa Real Estate Market have gained 3.95% over the last
12 months. Over the last thirty years, it is up 272%.
The 4th Quarter index value was 3.03 points higher than the 3rd Quarter, 2012
index value of 191.13, resulting in a 1.59% rise in the 4th Quarter for the Napa
Market.
The Napa Home Price Index has increased for the last 3 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 Napa Real Estate Market was
24% in the twelve months ended with the 3rd Quarter of 2004. The worst
annual home appreciation rate in the Napa Market was -20% in the twelve
months ended with the 4th Quarter of 2008.
The highest home appreciation in the Napa Real Estate Market over a three
year period was 63% in the three years ended with the 3rd Quarter of 2005.
The worst home appreciation over a three year period in the Napa Market was
-35% in the three years ended with the 2nd Quarter of 2010.
This page provides a long term graph of the Napa 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 Napa Home Prices
will be at your fingertips when you need them.
Historical data on the Napa Home Price Index is available back to the 1st
Quarter, of 1979. All calculations are based on the quarterly value of the House
Price Index for the Napa 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 Napa 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.
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