| Santa Barbara, CA - House Price Index (HPI) - 31 Year Chart |
| Santa Barbara Real Estate Market Forecast |
| 100 |
| 1000 |
The House Price Index (HPI) shows changes in Santa Barbara-Santa Maria-Goleta, CA single family
home prices in logarithmic scale. The March, 1995 index value equals 100. Updated Saturday,
December 29, 2012. See real estate forecasts, analysis, statistics and appreciation rates below.
home prices in logarithmic scale. The March, 1995 index value equals 100. Updated Saturday,
December 29, 2012. See real estate forecasts, analysis, statistics and appreciation rates below.
| Santa Barbara Real Estate Index: 31 Year Chart Home Values Appreciation Rate - US Cities |
| 10 |
Santa Barbara 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 13419
4th Quarter, 2012 Housing Statistics: Santa Barbara, 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 Santa Barbara housing market for the
12 months ending with the 4th Quarter of 2013 is UP. The Accuracy of the
Trend Forecast for Santa Barbara 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 Santa Barbara 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 Santa Barbara Real Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 80%
The forecast for the trend in the Santa Barbara housing market for the 3 years
ending with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast
for Santa Barbara 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
Santa Barbara is 80% 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 Santa
Barbara Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Santa Barbara, California
Historical Home Price Appreciation
Last Quarter 1.41%
Last Year 2.0%
Last 5 Years -29%
Last 10 Years -1%
Last 20 Years 89%
Decline From All Time High 41.95%
Annual Home Price Appreciation Rates
1983 0.09%
1984 8.47%
1985 7.18%
1986 8.64%
1987 10.78%
1988 14.39%
1989 22.53%
1990 -1.45%
1991 0.31%
1992 -4.00%
1993 -3.48%
1994 -1.89%
1995 -0.20%
1996 1.58%
1997 4.37%
1998 11.07%
1999 10.66%
2000 14.29%
2001 14.86%
2002 18.03%
2003 14.60%
2004 27.62%
2005 16.72%
2006 -3.95%
2007 -14.79%
2008 -16.88%
2009 -6.80%
2010 -1.77%
2011 -8.66%
2012 2.04%
Real Estate Appreciation, Rank & Percentile
Last Quarter 1.41% Rank: 81 of 381 (78th Percentile)
Last Year . . . . . . . . . . . . . . . . 2.0% Rank: 80 of 381 (79th Percentile)
Last 5 Years -29% Rank: 327 of 381 (14th Percentile)
Last 10 Years . . . . . . . . . . . . -1% Rank: 330 of 381 (13th Percentile)
Last 20 Years 89% Rank: 121 of 368 (67th Percentile)
Decline From All Time High 41.95%
Home Price appreciation rates for Santa Barbara-Santa Maria-Goleta, CA are
shown above for five time periods. For example: Santa Barbara appreciated
1.41% in the Last Quarter. At that rate, the Santa Barbara Real Estate Market
was ranked 81st out of 381 metropolitan areas for Real Estate Appreciation.
Santa Barbara was in the 78th percentile. So Santa Barbara, CA performed
better in the Last Quarter than 78% of the 381 metropolitan areas covered in
Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Santa Barbara, California
The data and analysis on this page pertains to Santa Barbara-Santa
Maria-Goleta, CA, hereinafter referred to as "Santa Barbara". The all time high
in the Santa Barbara Home Price Index was 348.7 in the 4th Quarter, of 2005.
The 4th Quarter, 2012 index value was 202.4. That's a decline of 146.29 points
or 41.95% below the Santa Barbara Home Price Index all time high. The Home
Price Index indicates that the Santa Barbara Market is down 1% over the last 10
years. Home prices in the Santa Barbara Real Estate Market have gained
2.04% over the last 12 months. Over the last thirty years, it is up 252%.
The 4th Quarter index value was 2.82 points higher than the 3rd Quarter, 2012
index value of 199.60, resulting in a 1.41% rise in the 4th Quarter for the Santa
Barbara Market.
The Santa Barbara 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 Santa Barbara Real Estate
Market was 29% in the twelve months ended with the 3rd Quarter of 2004. The
worst annual home appreciation rate in the Santa Barbara Market was -19% in
the twelve months ended with the 3rd Quarter of 2008.
The highest home appreciation in the Santa Barbara Real Estate Market over a
three year period was 73% in the three years ended with the 2nd Quarter of
2005. The worst home appreciation over a three year period in the Santa
Barbara Market was -36% in the three years ended with the 3rd Quarter of
2009.
This page provides a long term graph of the Santa Barbara 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 Santa
Barbara Home Prices will be at your fingertips when you need them.
Historical data on the Santa Barbara 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 Santa Barbara 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 Santa Barbara 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: Santa Barbara, California
The appreciation of Santa Barbara 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 Santa Barbara-Santa Maria-Goleta, CA, hereinafter referred to
as "Santa Barbara".
Last Quarter:
During the 4th Quarter of 2012, Santa Barbara Home Prices had a rank of 81,
with appreciation of 1.41%. 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, Santa Barbara Home Prices had a rank of 80, with
appreciation during the year of 2.04%. 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, Santa Barbara Home
Prices ranked 327, with a total appreciation of -29.1%. 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, Santa Barbara 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
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, Santa Barbara Home
Prices had a rank of 121, with total appreciation over the 20 year period of
89%. 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 Santa Barbara Real
Estate Market is available back to the 4th Quarter, of 1977. All calculations are
based on the quarterly value of the House Price Index for Santa Barbara. 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.)
_____________________________________________________________
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: Santa Barbara, 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 Santa Barbara housing market for the
12 months ending with the 4th Quarter of 2013 is UP. The Accuracy of the
Trend Forecast for Santa Barbara 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 Santa Barbara 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 Santa Barbara Real Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 80%
The forecast for the trend in the Santa Barbara housing market for the 3 years
ending with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast
for Santa Barbara 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
Santa Barbara is 80% 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 Santa
Barbara Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Santa Barbara, California
Historical Home Price Appreciation
Last Quarter 1.41%
Last Year 2.0%
Last 5 Years -29%
Last 10 Years -1%
Last 20 Years 89%
Decline From All Time High 41.95%
Annual Home Price Appreciation Rates
1983 0.09%
1984 8.47%
1985 7.18%
1986 8.64%
1987 10.78%
1988 14.39%
1989 22.53%
1990 -1.45%
1991 0.31%
1992 -4.00%
1993 -3.48%
1994 -1.89%
1995 -0.20%
1996 1.58%
1997 4.37%
1998 11.07%
1999 10.66%
2000 14.29%
2001 14.86%
2002 18.03%
2003 14.60%
2004 27.62%
2005 16.72%
2006 -3.95%
2007 -14.79%
2008 -16.88%
2009 -6.80%
2010 -1.77%
2011 -8.66%
2012 2.04%
Real Estate Appreciation, Rank & Percentile
Last Quarter 1.41% Rank: 81 of 381 (78th Percentile)
Last Year . . . . . . . . . . . . . . . . 2.0% Rank: 80 of 381 (79th Percentile)
Last 5 Years -29% Rank: 327 of 381 (14th Percentile)
Last 10 Years . . . . . . . . . . . . -1% Rank: 330 of 381 (13th Percentile)
Last 20 Years 89% Rank: 121 of 368 (67th Percentile)
Decline From All Time High 41.95%
Home Price appreciation rates for Santa Barbara-Santa Maria-Goleta, CA are
shown above for five time periods. For example: Santa Barbara appreciated
1.41% in the Last Quarter. At that rate, the Santa Barbara Real Estate Market
was ranked 81st out of 381 metropolitan areas for Real Estate Appreciation.
Santa Barbara was in the 78th percentile. So Santa Barbara, CA performed
better in the Last Quarter than 78% of the 381 metropolitan areas covered in
Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Santa Barbara, California
The data and analysis on this page pertains to Santa Barbara-Santa
Maria-Goleta, CA, hereinafter referred to as "Santa Barbara". The all time high
in the Santa Barbara Home Price Index was 348.7 in the 4th Quarter, of 2005.
The 4th Quarter, 2012 index value was 202.4. That's a decline of 146.29 points
or 41.95% below the Santa Barbara Home Price Index all time high. The Home
Price Index indicates that the Santa Barbara Market is down 1% over the last 10
years. Home prices in the Santa Barbara Real Estate Market have gained
2.04% over the last 12 months. Over the last thirty years, it is up 252%.
The 4th Quarter index value was 2.82 points higher than the 3rd Quarter, 2012
index value of 199.60, resulting in a 1.41% rise in the 4th Quarter for the Santa
Barbara Market.
The Santa Barbara 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 Santa Barbara Real Estate
Market was 29% in the twelve months ended with the 3rd Quarter of 2004. The
worst annual home appreciation rate in the Santa Barbara Market was -19% in
the twelve months ended with the 3rd Quarter of 2008.
The highest home appreciation in the Santa Barbara Real Estate Market over a
three year period was 73% in the three years ended with the 2nd Quarter of
2005. The worst home appreciation over a three year period in the Santa
Barbara Market was -36% in the three years ended with the 3rd Quarter of
2009.
This page provides a long term graph of the Santa Barbara 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 Santa
Barbara Home Prices will be at your fingertips when you need them.
Historical data on the Santa Barbara 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 Santa Barbara 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 Santa Barbara 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: Santa Barbara, California
The appreciation of Santa Barbara 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 Santa Barbara-Santa Maria-Goleta, CA, hereinafter referred to
as "Santa Barbara".
Last Quarter:
During the 4th Quarter of 2012, Santa Barbara Home Prices had a rank of 81,
with appreciation of 1.41%. 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, Santa Barbara Home Prices had a rank of 80, with
appreciation during the year of 2.04%. 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, Santa Barbara Home
Prices ranked 327, with a total appreciation of -29.1%. 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, Santa Barbara 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
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, Santa Barbara Home
Prices had a rank of 121, with total appreciation over the 20 year period of
89%. 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 Santa Barbara Real
Estate Market is available back to the 4th Quarter, of 1977. All calculations are
based on the quarterly value of the House Price Index for Santa Barbara. 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.)
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
SignalTrend Inc. 2008 - 2012, All Rights Reserved
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