San Luis Obispo, CA - House Price Index (HPI) - 30 Year Chart
|
San Luis Obispo Real Estate Market Forecast
|
The House Price Index (HPI) shows changes in San Luis Obispo-Paso Robles, 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.
San Luis Obispo Real Estate Market: Trend &Analysis
1/75 1/1980 1/1985 1/1990 1/1995 1/2000 1/2005 1/2010 1/15
Commentary 13416
4th Quarter, 2012 Housing Statistics: San Luis Obispo, 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 San Luis Obispo housing market for
the 12 months ending with the 4th Quarter of 2013 is UP. The Accuracy of the
Trend Forecast for San Luis Obispo 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 San Luis Obispo 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 San Luis Obispo Real Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 84%
The forecast for the trend in the San Luis Obispo housing market for the 3
years ending with the 4th Quarter of 2015 is UP. The Accuracy of the Trend
Forecast for San Luis Obispo 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 San Luis Obispo 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 San Luis Obispo Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: San Luis Obispo, California
Historical Home Price Appreciation
Last Quarter 1.32%
Last Year 3.9%
Last 5 Years -25%
Last 10 Years 9%
Last 20 Years 100%
Decline From All Time High 31.98%
Annual Home Price Appreciation Rates
1983 4.85%
1984 6.06%
1985 6.78%
1986 5.76%
1987 6.09%
1988 15.42%
1989 35.58%
1990 3.09%
1991 -3.50%
1992 -5.19%
1993 -2.96%
1994 -5.26%
1995 1.48%
1996 0.02%
1997 3.89%
1998 7.78%
1999 11.86%
2000 18.61%
2001 14.08%
2002 15.57%
2003 14.09%
2004 19.38%
2005 17.63%
2006 -2.85%
2007 -6.71%
2008 -12.69%
2009 -8.80%
2010 -3.87%
2011 -5.43%
2012 3.93%
Real Estate Appreciation, Rank & Percentile
Last Quarter 1.32% Rank: 86 of 381 (77th Percentile)
Last Year . . . . . . . . . . . . . . . . 3.9% Rank: 27 of 381 (93rd Percentile)
Last 5 Years -25% Rank: 307 of 381 (19th Percentile)
Last 10 Years . . . . . . . . . . . . 9% Rank: 276 of 381 (27th Percentile)
Last 20 Years 100% Rank: 81 of 368 (78th Percentile)
Decline From All Time High 31.98%
Home Price appreciation rates for San Luis Obispo-Paso Robles, CA are shown
above for five time periods. For example: San Luis Obispo appreciated 1.32%
in the Last Quarter. At that rate, the San Luis Obispo Real Estate Market was
ranked 86th out of 381 metropolitan areas for Real Estate Appreciation. San
Luis Obispo was in the 77th percentile. So San Luis Obispo, CA 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: San Luis Obispo, California
The data and analysis on this page pertains to San Luis Obispo-Paso Robles,
CA, hereinafter referred to as "San Luis Obispo". The all time high in the San
Luis Obispo Home Price Index was 322.3 in the 2nd Quarter, of 2006. The 4th
Quarter, 2012 index value was 219.3. That's a decline of 103.07 points or
31.98% below the San Luis Obispo Home Price Index all time high. The Home
Price Index indicates that the San Luis Obispo Market is up 9% over the last 10
years. Home prices in the San Luis Obispo Real Estate Market have gained
3.93% over the last 12 months. Over the last thirty years, it is up 293%.
The 4th Quarter index value was 2.85 points higher than the 3rd Quarter, 2012
index value of 216.41, resulting in a 1.32% rise in the 4th Quarter for the San
Luis Obispo Market.
The San Luis Obispo 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 San Luis Obispo Real Estate
Market was 36% in the twelve months ended with the 4th Quarter of 1989. The
worst annual home appreciation rate in the San Luis Obispo Market was -13%
in the twelve months ended with the 4th Quarter of 2008.
The highest home appreciation in the San Luis Obispo Real Estate Market over
a three year period was 69% in the three years ended with the 1st Quarter of
1990. The worst home appreciation over a three year period in the San Luis
Obispo Market was -26% in the three years ended with the 1st Quarter of 2010.
This page provides a long term graph of the San Luis Obispo 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 San
Luis Obispo Home Prices will be at your fingertips when you need them.
Historical data on the San Luis Obispo Home Price Index is available back to the
1st Quarter, of 1978. All calculations are based on the quarterly value of the
House Price Index for the San Luis Obispo 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 San Luis Obispo 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...
|