Naples, FL - House Price Index (HPI) - 11 Year Chart
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Naples Real Estate Market Forecast
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1/75 1/1980 1/1985 1/1990 1/1995 1/2000 1/2005 1/2010 1/15
The House Price Index (HPI) shows changes in Naples-Marco Island, 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.
Naples Real Estate Market: Trend, Analysis & Statistics
Commentary 13346
4th Quarter, 2012 Housing Statistics: Naples, Florida
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
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 Naples housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Naples 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 rising house prices in
Naples is 84% 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 Naples Real
Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 87%
The forecast for the trend in the Naples housing market for the 3 years ending
with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast for
Naples is 87%. In other words, when tested against historical data, the
forecasting methodology was correct 87% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Naples is 87% 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 Naples Real
Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Naples, Florida
Historical Home Price Appreciation
Last Quarter 1.28%
Last Year 3.0%
Last 5 Years -41%
Last 10 Years 1%
Last 20 Years 88%
Decline From All Time High 50.24%
Annual Home Price Appreciation Rates
1983 n/a
1984 n/a
1985 3.50%
1986 2.74%
1987 4.40%
1988 10.20%
1989 11.12%
1990 2.40%
1991 2.20%
1992 1.27%
1993 2.23%
1994 2.23%
1995 1.93%
1996 -1.16%
1997 8.88%
1998 7.02%
1999 7.79%
2000 12.83%
2001 12.16%
2002 10.90%
2003 11.45%
2004 23.59%
2005 38.63%
2006 5.58%
2007 -15.61%
2008 -30.17%
2009 -13.90%
2010 0.21%
2011 -4.25%
2012 2.96%
Real Estate Appreciation, Rank & Percentile
Last Quarter 1.28% Rank: 87 of 381 (77th Percentile)
Last Year . . . . . . . . . . . . . . . . 3.0% Rank: 44 of 381 (88th Percentile)
Last 5 Years -41% Rank: 363 of 381 (4th Percentile)
Last 10 Years . . . . . . . . . . . . 1% Rank: 321 of 381 (15th Percentile)
Last 20 Years 88% Rank: 127 of 368 (65th Percentile)
Decline From All Time High 50.24%
Home Price appreciation rates for Naples-Marco Island, FL are shown above for
five time periods. For example: Naples appreciated 1.28% in the Last Quarter.
At that rate, the Naples Real Estate Market was ranked 87th out of 381
metropolitan areas for Real Estate Appreciation. Naples was in the 77th
percentile. So Naples, FL performed better in the Last Quarter than 77% of the
381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Naples, Florida
The data and analysis on this page pertains to Naples-Marco Island, FL,
hereinafter referred to as "Naples". The all time high in the Naples Home Price
Index was 365.8 in the 3rd Quarter, of 2006. The 4th Quarter, 2012 index value
was 182.0. That's a decline of 183.76 points or 50.24% below the Naples Home
Price Index all time high. The Home Price Index indicates that the Naples
Market is up 1% over the last 10 years. Home prices in the Naples Real Estate
Market have gained 2.96% over the last 12 months.
The 4th Quarter index value was 2.30 points higher than the 3rd Quarter, 2012
index value of 179.70, resulting in a 1.28% rise in the 4th Quarter for the
Naples Market.
The Naples 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 Naples Real Estate Market
was 39% in the twelve months ended with the 4th Quarter of 2005. The worst
annual home appreciation rate in the Naples Market was -30% in the twelve
months ended with the 4th Quarter of 2008.
The highest home appreciation in the Naples Real Estate Market over a three
year period was 96% in the three years ended with the 1st Quarter of 2006.
The worst home appreciation over a three year period in the Naples Market was
-49% in the three years ended with the 4th Quarter of 2009.
This page provides a long term graph of the Naples 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 Naples Home
Prices will be at your fingertips when you need them.
Historical data on the Naples Home Price Index is available back to the 4th
Quarter, of 1997. All calculations are based on the quarterly value of the House
Price Index for the Naples 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 Naples 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: Naples, Florida
The appreciation of Naples 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 Naples-Marco Island, FL, hereinafter referred to as "Naples".
Last Quarter:
During the 4th Quarter of 2012, Naples Home Prices had a rank of 87, with
appreciation of 1.28%. 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, Naples Home Prices had a rank of 44, with
appreciation during the year of 2.96%. 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, Naples Home Prices
ranked 363, with a total appreciation of -40.6%. 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, Naples Home Prices had
a rank of 321, with appreciation during the decade of 1%. 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, Naples Home Prices had
a rank of 127, with total appreciation over the 20 year period of 88%. 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 Naples Real Estate
Market is available back to the 4th Quarter, of 1997. All calculations are based
on the quarterly value of the House Price Index for Naples. 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.)
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