Sacramento, CA - House Price Index (HPI) - 32 Year Chart
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Sacramento Real Estate Market Forecast
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The House Price Index (HPI) shows changes in Sacramento-Arden-Arcade-Roseville, 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.
Sacramento 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 13405
4th Quarter, 2012 Housing Statistics: Sacramento, 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 Sacramento housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Sacramento 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
Sacramento 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
Sacramento Real Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 78%
The forecast for the trend in the Sacramento housing market for the 3 years
ending with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast
for Sacramento is 78%. In other words, when tested against historical data, the
forecasting methodology was correct 78% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Sacramento is 78% 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
Sacramento Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Sacramento, California
Historical Home Price Appreciation
Last Quarter 2.90%
Last Year 4.2%
Last 5 Years -33%
Last 10 Years -6%
Last 20 Years 44%
Decline From All Time High 44.53%
Annual Home Price Appreciation Rates
1983 -4.68%
1984 1.97%
1985 5.12%
1986 6.22%
1987 6.73%
1988 9.71%
1989 19.31%
1990 18.32%
1991 0.71%
1992 -3.30%
1993 -3.30%
1994 -6.69%
1995 0.83%
1996 -2.15%
1997 3.92%
1998 5.21%
1999 5.81%
2000 14.32%
2001 15.06%
2002 14.03%
2003 14.74%
2004 24.64%
2005 17.89%
2006 -4.39%
2007 -13.41%
2008 -20.62%
2009 -8.73%
2010 -4.72%
2011 -6.87%
2012 4.21%
Real Estate Appreciation, Rank & Percentile
Last Quarter 2.90% Rank: 17 of 381 (95th Percentile)
Last Year . . . . . . . . . . . . . . . . 4.2% Rank: 22 of 381 (94th Percentile)
Last 5 Years -33% Rank: 341 of 381 (10th Percentile)
Last 10 Years . . . . . . . . . . . . -6% Rank: 353 of 381 (7th Percentile)
Last 20 Years 44% Rank: 333 of 368 (9th Percentile)
Decline From All Time High 44.53%
Home Price appreciation rates for Sacramento-Arden-Arcade-Roseville, CA are
shown above for five time periods. For example: Sacramento appreciated
2.90% in the Last Quarter. At that rate, the Sacramento Real Estate Market was
ranked 17th out of 381 metropolitan areas for Real Estate Appreciation.
Sacramento was in the 95th percentile. So Sacramento, CA performed better in
the Last Quarter than 95% of the 381 metropolitan areas covered in
Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Sacramento, California
The data and analysis on this page pertains to
Sacramento-Arden-Arcade-Roseville, CA, hereinafter referred to as
"Sacramento". The all time high in the Sacramento Home Price Index was 290.8
in the 4th Quarter, of 2005. The 4th Quarter, 2012 index value was 161.3.
That's a decline of 129.50 points or 44.53% below the Sacramento Home Price
Index all time high. The Home Price Index indicates that the Sacramento Market
is down 6% over the last 10 years. Home prices in the Sacramento Real Estate
Market have gained 4.21% over the last 12 months. Over the last thirty years, it
is up 152%.
The 4th Quarter index value was 4.55 points higher than the 3rd Quarter, 2012
index value of 156.74, resulting in a 2.90% rise in the 4th Quarter for the
Sacramento Market.
The Sacramento 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 Sacramento Real Estate
Market was 27% in the twelve months ended with the 3rd Quarter of 2004. The
worst annual home appreciation rate in the Sacramento Market was -22% in the
twelve months ended with the 3rd Quarter of 2008.
The highest home appreciation in the Sacramento Real Estate Market over a
three year period was 71% in the three years ended with the 3rd Quarter of
1979. The worst home appreciation over a three year period in the Sacramento
Market was -37% in the three years ended with the 3rd Quarter of 2009.
This page provides a long term graph of the Sacramento 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
Sacramento Home Prices will be at your fingertips when you need them.
Historical data on the Sacramento Home Price Index is available back to the 3rd
Quarter, of 1976. All calculations are based on the quarterly value of the House
Price Index for the Sacramento 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 Sacramento 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: Sacramento, California
The appreciation of Sacramento 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 Sacramento-Arden-Arcade-Roseville, CA, hereinafter referred to as
"Sacramento".
Last Quarter:
During the 4th Quarter of 2012, Sacramento Home Prices had a rank of 17, with
appreciation of 2.90%. 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, Sacramento Home Prices had a rank of 22, with
appreciation during the year of 4.21%. 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, Sacramento Home Prices
ranked 341, with a total appreciation of -33.0%. 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, Sacramento Home
Prices had a rank of 353, with appreciation during the decade of -6%. 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, Sacramento Home
Prices had a rank of 333, with total appreciation over the 20 year period of
44%. 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 Sacramento Real
Estate Market is available back to the 3rd Quarter, of 1976. All calculations are
based on the quarterly value of the House Price Index for Sacramento. 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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