Orlando, FL - House Price Index (HPI) - 30 Year Chart
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Orlando Real Estate Market Forecast
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The House Price Index (HPI) shows changes in Orlando-Kissimmee-Sanford, 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.
Orlando 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 12601
3rd Quarter, 2012 Housing Statistics: Orlando, Florida
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
Forecast Accuracy: 89%
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 Orlando housing market for the 12
months ending with the 3rd Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Orlando is 89%. In other words, when tested against
historical data, the forecasting methodology was correct 89% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Orlando is 89% during this period. If this Housing Market Forecast is
correct, home prices will be lower in the 3rd Quarter of 2013 than they were in
the 3rd Quarter of 2012. Check this page each quarter for updates to the
Orlando Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 89%
The forecast for the trend in the Orlando housing market for the 3 years ending
with the 3rd Quarter of 2015 is DOWN. The Accuracy of the Trend Forecast for
Orlando is 89%. In other words, when tested against historical data, the
forecasting methodology was correct 89% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Orlando is 89% during this period. If this Housing Market Forecast is correct,
home values will be lower in the 3rd Quarter of 2015 than they were in the 3rd
Quarter of 2012. Check this page each quarter for updates to the Orlando Real
Estate Market Forecast.
Part 2: MARKET SUMMARY
3rd Quarter, 2012 Housing Data: Orlando, Florida
Historical Home Price Appreciation
Last Quarter 1.50%
Last Year -1.3%
Last 5 Years -45%
Last 10 Years 1%
Last 20 Years 48%
Decline From All Time High 47.07%
Annual Home Price Appreciation Rates
1982 13.38%
1983 -3.35%
1984 7.90%
1985 2.82%
1986 2.70%
1987 1.89%
1988 4.86%
1989 4.18%
1990 0.72%
1991 3.11%
1992 1.75%
1993 1.77%
1994 -2.40%
1995 3.01%
1996 1.18%
1997 4.72%
1998 4.58%
1999 3.89%
2000 7.72%
2001 8.80%
2002 7.78%
2003 8.25%
2004 16.72%
2005 32.53%
2006 11.00%
2007 -5.39%
2008 -19.92%
2009 -15.53%
2010 -8.00%
2011 -7.41%
Real Estate Appreciation, Rank & Percentile
Last Quarter 1.50% Rank: 127 of 381 (66th Percentile)
Last Year . . . . . . . . . . . . . . . . -1.3% Rank: 280 of 381 (26th Percentile)
Last 5 Years -45% Rank: 369 of 381 (3rd Percentile)
Last 10 Years . . . . . . . . . . . . 1% Rank: 330 of 381 (13th Percentile)
Last 20 Years 48% Rank: 315 of 365 (13th Percentile)
Decline From All Time High 47.07%
Home Price appreciation rates for Orlando-Kissimmee-Sanford, FL are shown
above for five time periods. For example: Orlando appreciated 1.50% in the
Last Quarter. At that rate, the Orlando Real Estate Market was ranked 127th
out of 381 metropolitan areas for Real Estate Appreciation. Orlando was in the
66th percentile. So Orlando, FL performed better in the Last Quarter than 66%
of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2012 Housing Statistics: Orlando, Florida
The data and analysis on this page pertains to Orlando-Kissimmee-Sanford,
FL, hereinafter referred to as "Orlando". The all time high in the Orlando Home
Price Index was 281.1 in the 1st Quarter, of 2007. The 3rd Quarter, 2012 index
value was 148.8. That's a decline of 132.32 points or 47.07% below the
Orlando Home Price Index all time high. The Home Price Index indicates that
the Orlando Market is up 1% over the last 10 years. Home Prices in the Orlando
Real Estate Market have lost 1.32% over the last 12 months. Over the last thirty
years, it is up 97%.
The 3rd Quarter index value was 2.20 points higher than the 2nd Quarter, 2012
index value of 146.57, resulting in a 1.50% rise in the 3rd Quarter for the
Orlando Market.
The Orlando Home Price Index increased in the last quarter after falling in the
previous 2 quarters. The current record holders for consecutive increases in
the Home Price Index are Boulder, CO and Austin, TX, with increases in the last
6 consecutive quarters. The current record holders for consecutive declines in
the Home Price Index are Yakima, WA; Wilmington, NC; Tallahassee, FL and
Poughkeepsie, NY, with declines in the last 8 consecutive quarters.
The highest annual home appreciation rate in the Orlando Real Estate Market
was 33% in the twelve months ended with the 4th Quarter of 2005. The worst
annual home appreciation rate in the Orlando Market was -20% in the twelve
months ended with the 4th Quarter of 2008.
The highest home appreciation in the Orlando Real Estate Market over a three
year period was 76% in the three years ended with the 2nd Quarter of 2006.
The worst home appreciation over a three year period in the Orlando Market
was -40% in the three years ended with the 2nd Quarter of 2010.
This page provides a long term graph of the Orlando 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 Orlando Home
Prices will be at your fingertips when you need them.
Historical data on the Orlando Home Price Index is available back to the 4th
Quarter, of 1978. All calculations are based on the quarterly value of the House
Price Index for the Orlando 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 Orlando 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
3rd Quarter, 2012 Housing Data: Orlando, Florida
The appreciation of Orlando 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 Orlando-Kissimmee-Sanford, FL, hereinafter referred to as "Orlando".
Last Quarter:
During the 3rd Quarter of 2012, Orlando Home Prices had a rank of 127, with
appreciation of 1.50%. The top performing real estate market during the 3rd
Quarter was Hinesville, GA, with appreciation of 9.16%. The worst market
during that period was Carson City, NV, with appreciation of -3.45%.
The median appreciation for all cities during the 3rd Quarter was 0.99%. The
average appreciation for all markets during the quarter was 1.08%.
Last Year:
During the last 12 months, Orlando Home Prices had a rank of 280, with
appreciation during the year of -1.32%. The top performing market during the
last year was Midland, TX, with appreciation of 11.2%. The worst real estate
market during that period was Brunswick, GA, with appreciation of -7.7%.
The median appreciation for all markets during this period was -0.01%. The
average appreciation was -0.05%.
Last 5 Years:
Over the 5 years ended with the 3rd Quarter of 2012, Orlando Home Prices
ranked 369, with a total appreciation of -45.1%. The top performing real estate
market during the 5 year period was Midland, TX, with appreciation of 21%. The
worst market during that period was Las Vegas, NV, with appreciation of -57%.
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 3rd Quarter of 2012, Orlando Home Prices
had a rank of 330, with appreciation during the decade of 1%. The top
performing market during the period was Midland, TX, with appreciation of
109%. The worst real estate market during the 10 year time period was Detroit,
MI, with appreciation of -32%.
The median appreciation for all markets during the last 10 years was 19%. The
average appreciation for the cities over that time frame was 19%.
Last 20 Years:
During the 20 years ended in the 3rd Quarter of 2012, Orlando Home Prices
had a rank of 315, with total appreciation over the 20 year period of 48%. The
top performing real estate market during the period was Casper, WY, with
appreciation of 212%. The worst market during the last 20 years was Las
Vegas, NV, with appreciation of 3%.
The median appreciation for all cities during the last 20 years was 79%. The
average appreciation for the markets over that time frame was 81%.
Historical research data on the Home Price Index for the Orlando Real Estate
Market is available back to the 4th Quarter, of 1978. All calculations are based
on the quarterly value of the House Price Index for Orlando. 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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