Oakland, CA - House Price Index (HPI) - 33 Year Chart
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Oakland Real Estate Market Forecast
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The House Price Index (HPI) shows changes in Oakland-Fremont-Hayward, 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.
Oakland 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 13355
4th Quarter, 2012 Housing Statistics: Oakland, California
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
Forecast Accuracy: 86%
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 Oakland housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Oakland is 86%. In other words, when tested against historical
data, the forecasting methodology was correct 86% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Oakland is 86% 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 Oakland Real
Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 84%
The forecast for the trend in the Oakland housing market for the 3 years ending
with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast for
Oakland 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
Oakland is 84% 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 Oakland Real
Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Oakland, California
Historical Home Price Appreciation
Last Quarter 2.63%
Last Year 4.3%
Last 5 Years -26%
Last 10 Years 4%
Last 20 Years 95%
Decline From All Time High 34.54%
Annual Home Price Appreciation Rates
1983 4.65%
1984 4.07%
1985 6.89%
1986 8.39%
1987 9.61%
1988 16.92%
1989 22.25%
1990 1.07%
1991 -0.66%
1992 -1.26%
1993 -2.12%
1994 -4.68%
1995 1.21%
1996 -0.37%
1997 7.60%
1998 9.99%
1999 13.42%
2000 23.06%
2001 10.20%
2002 9.86%
2003 8.81%
2004 18.64%
2005 21.55%
2006 -0.50%
2007 -10.63%
2008 -19.23%
2009 -6.90%
2010 -0.36%
2011 -4.76%
2012 4.26%
Real Estate Appreciation, Rank & Percentile
Last Quarter 2.63% Rank: 29 of 381 (92nd Percentile)
Last Year . . . . . . . . . . . . . . . . 4.3% Rank: 20 of 381 (95th Percentile)
Last 5 Years -26% Rank: 314 of 381 (17th Percentile)
Last 10 Years . . . . . . . . . . . . 4% Rank: 310 of 381 (18th Percentile)
Last 20 Years 95% Rank: 96 of 368 (74th Percentile)
Decline From All Time High 34.54%
Home Price appreciation rates for Oakland-Fremont-Hayward, CA are shown
above for five time periods. For example: Oakland appreciated 2.63% in the
Last Quarter. At that rate, the Oakland Real Estate Market was ranked 29th out
of 381 metropolitan areas for Real Estate Appreciation. Oakland was in the
92nd percentile. So Oakland, CA performed better in the Last Quarter than
92% of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Oakland, California
The data and analysis on this page pertains to Oakland-Fremont-Hayward, CA,
hereinafter referred to as "Oakland". The all time high in the Oakland Home
Price Index was 319.7 in the 2nd Quarter, of 2006. The 4th Quarter, 2012 index
value was 209.2. That's a decline of 110.42 points or 34.54% below the
Oakland Home Price Index all time high. The Home Price Index indicates that
the Oakland Market is up 4% over the last 10 years. Home prices in the
Oakland Real Estate Market have gained 4.26% over the last 12 months. Over
the last thirty years, it is up 283%.
The 4th Quarter index value was 5.36 points higher than the 3rd Quarter, 2012
index value of 203.88, resulting in a 2.63% rise in the 4th Quarter for the
Oakland Market.
The Oakland 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 Oakland Real Estate Market
was 26% in the twelve months ended with the 3rd Quarter of 1977. The worst
annual home appreciation rate in the Oakland Market was -20% in the twelve
months ended with the 3rd Quarter of 2008.
The highest home appreciation in the Oakland Real Estate Market over a three
year period was 72% in the three years ended with the 4th Quarter of 1979.
The worst home appreciation over a three year period in the Oakland Market
was -34% in the three years ended with the 3rd Quarter of 2009.
This page provides a long term graph of the Oakland 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
Oakland Home Prices will be at your fingertips when you need them.
Historical data on the Oakland Home Price Index is available back to the 3rd
Quarter, of 1975. All calculations are based on the quarterly value of the House
Price Index for the Oakland 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 Oakland 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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