| Salinas, CA - House Price Index (HPI) - 31 Year Chart |
| Salinas Real Estate Market Forecast |
| 100 |
| 1000 |
The House Price Index (HPI) shows changes in Salinas, 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.
scale. The March, 1995 index value equals 100. Updated Friday, December 28, 2012. See real estate
forecasts, analysis, statistics and appreciation rates below.
| Salinas Real Estate Index: 31 Year Chart Home Values Appreciation Rate - US Cities |
| 10 |
Salinas 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 13408
4th Quarter, 2012 Housing Statistics: Salinas, California
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
Forecast Accuracy: 83%
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 Salinas housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Salinas is 83%. In other words, when tested against historical data,
the forecasting methodology was correct 83% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Salinas is 83% 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 Salinas Real
Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 78%
The forecast for the trend in the Salinas housing market for the 3 years ending
with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast for
Salinas 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
Salinas 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 Salinas Real
Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Salinas, California
Historical Home Price Appreciation
Last Quarter 0.95%
Last Year 2.3%
Last 5 Years -42%
Last 10 Years -15%
Last 20 Years 63%
Decline From All Time High 52.55%
Annual Home Price Appreciation Rates
1983 6.55%
1984 4.49%
1985 8.30%
1986 7.60%
1987 8.87%
1988 15.81%
1989 16.45%
1990 5.70%
1991 1.33%
1992 -1.37%
1993 -0.93%
1994 -1.39%
1995 2.46%
1996 -1.18%
1997 3.85%
1998 7.67%
1999 14.60%
2000 25.32%
2001 11.49%
2002 8.70%
2003 13.30%
2004 28.32%
2005 21.81%
2006 -2.99%
2007 -15.61%
2008 -30.44%
2009 -10.33%
2010 -1.45%
2011 -7.23%
2012 2.26%
Real Estate Appreciation, Rank & Percentile
Last Quarter 0.95% Rank: 125 of 381 (67th Percentile)
Last Year . . . . . . . . . . . . . . . . 2.3% Rank: 68 of 381 (82nd Percentile)
Last 5 Years -42% Rank: 369 of 381 (3rd Percentile)
Last 10 Years . . . . . . . . . . . . -15% Rank: 369 of 381 (3rd Percentile)
Last 20 Years 63% Rank: 265 of 368 (28th Percentile)
Decline From All Time High 52.55%
Home Price appreciation rates for Salinas, CA are shown above for five time
periods. For example: Salinas appreciated 0.95% in the Last Quarter. At that
rate, the Salinas Real Estate Market was ranked 125th out of 381 metropolitan
areas for Real Estate Appreciation. Salinas was in the 67th percentile. So
Salinas, CA performed better in the Last Quarter than 67% of the 381
metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Salinas, California
The all time high in the Salinas Home Price Index was 348.9 in the 2nd Quarter,
of 2006. The 4th Quarter, 2012 index value was 165.5. That's a decline of
183.34 points or 52.55% below the Salinas Home Price Index all time high. The
Home Price Index indicates that the Salinas Market is down 15% over the last
10 years. Home prices in the Salinas Real Estate Market have gained 2.26%
over the last 12 months. Over the last thirty years, it is up 227%.
The 4th Quarter index value was 1.56 points higher than the 3rd Quarter, 2012
index value of 163.96, resulting in a 0.95% rise in the 4th Quarter for the
Salinas Market.
The Salinas 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 Salinas Real Estate Market
was 31% in the twelve months ended with the 1st Quarter of 2005. The worst
annual home appreciation rate in the Salinas Market was -32% in the twelve
months ended with the 3rd Quarter of 2008.
The highest home appreciation in the Salinas Real Estate Market over a three
year period was 77% in the three years ended with the 4th Quarter of 2005.
The worst home appreciation over a three year period in the Salinas Market
was -47% in the three years ended with the 3rd Quarter of 2009.
This page provides a long term graph of the Salinas 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 Salinas Home
Prices will be at your fingertips when you need them.
Historical data on the Salinas Home Price Index is available back to the 4th
Quarter, of 1977. All calculations are based on the quarterly value of the House
Price Index for the Salinas 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 Salinas 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.
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
SignalTrend Inc. 2008 - 2012, All Rights Reserved
4th Quarter, 2012 Housing Statistics: Salinas, California
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
Forecast Accuracy: 83%
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 Salinas housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Salinas is 83%. In other words, when tested against historical data,
the forecasting methodology was correct 83% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Salinas is 83% 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 Salinas Real
Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 78%
The forecast for the trend in the Salinas housing market for the 3 years ending
with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast for
Salinas 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
Salinas 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 Salinas Real
Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Salinas, California
Historical Home Price Appreciation
Last Quarter 0.95%
Last Year 2.3%
Last 5 Years -42%
Last 10 Years -15%
Last 20 Years 63%
Decline From All Time High 52.55%
Annual Home Price Appreciation Rates
1983 6.55%
1984 4.49%
1985 8.30%
1986 7.60%
1987 8.87%
1988 15.81%
1989 16.45%
1990 5.70%
1991 1.33%
1992 -1.37%
1993 -0.93%
1994 -1.39%
1995 2.46%
1996 -1.18%
1997 3.85%
1998 7.67%
1999 14.60%
2000 25.32%
2001 11.49%
2002 8.70%
2003 13.30%
2004 28.32%
2005 21.81%
2006 -2.99%
2007 -15.61%
2008 -30.44%
2009 -10.33%
2010 -1.45%
2011 -7.23%
2012 2.26%
Real Estate Appreciation, Rank & Percentile
Last Quarter 0.95% Rank: 125 of 381 (67th Percentile)
Last Year . . . . . . . . . . . . . . . . 2.3% Rank: 68 of 381 (82nd Percentile)
Last 5 Years -42% Rank: 369 of 381 (3rd Percentile)
Last 10 Years . . . . . . . . . . . . -15% Rank: 369 of 381 (3rd Percentile)
Last 20 Years 63% Rank: 265 of 368 (28th Percentile)
Decline From All Time High 52.55%
Home Price appreciation rates for Salinas, CA are shown above for five time
periods. For example: Salinas appreciated 0.95% in the Last Quarter. At that
rate, the Salinas Real Estate Market was ranked 125th out of 381 metropolitan
areas for Real Estate Appreciation. Salinas was in the 67th percentile. So
Salinas, CA performed better in the Last Quarter than 67% of the 381
metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Salinas, California
The all time high in the Salinas Home Price Index was 348.9 in the 2nd Quarter,
of 2006. The 4th Quarter, 2012 index value was 165.5. That's a decline of
183.34 points or 52.55% below the Salinas Home Price Index all time high. The
Home Price Index indicates that the Salinas Market is down 15% over the last
10 years. Home prices in the Salinas Real Estate Market have gained 2.26%
over the last 12 months. Over the last thirty years, it is up 227%.
The 4th Quarter index value was 1.56 points higher than the 3rd Quarter, 2012
index value of 163.96, resulting in a 0.95% rise in the 4th Quarter for the
Salinas Market.
The Salinas 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 Salinas Real Estate Market
was 31% in the twelve months ended with the 1st Quarter of 2005. The worst
annual home appreciation rate in the Salinas Market was -32% in the twelve
months ended with the 3rd Quarter of 2008.
The highest home appreciation in the Salinas Real Estate Market over a three
year period was 77% in the three years ended with the 4th Quarter of 2005.
The worst home appreciation over a three year period in the Salinas Market
was -47% in the three years ended with the 3rd Quarter of 2009.
This page provides a long term graph of the Salinas 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 Salinas Home
Prices will be at your fingertips when you need them.
Historical data on the Salinas Home Price Index is available back to the 4th
Quarter, of 1977. All calculations are based on the quarterly value of the House
Price Index for the Salinas 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 Salinas 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.
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
SignalTrend Inc. 2008 - 2012, All Rights Reserved
| Forecasts, charts and analysis... |
|
|
