| Tucson, AZ - House Price Index (HPI) - 31 Year Chart |
| Tucson Real Estate Market Forecast |
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The House Price Index (HPI) shows changes in Tucson, AZ 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.
scale. The March, 1995 index value equals 100. Updated Saturday, December 29, 2012. See real
estate forecasts, analysis, statistics and appreciation rates below.
| Tucson Real Estate Index: 31 Year Chart Home Values Appreciation Rate - US Cities |
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Tucson 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 13455
4th Quarter, 2012 Housing Statistics: Tucson, Arizona
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 Tucson housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Tucson 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
Tucson 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 Tucson Real
Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 82%
The forecast for the trend in the Tucson housing market for the 3 years ending
with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast for
Tucson is 82%. In other words, when tested against historical data, the
forecasting methodology was correct 82% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Tucson is 82% 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 Tucson Real
Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Tucson, Arizona
Historical Home Price Appreciation
Last Quarter 1.71%
Last Year 0.6%
Last 5 Years -33%
Last 10 Years 10%
Last 20 Years 81%
Decline From All Time High 35.21%
Annual Home Price Appreciation Rates
1983 23.53%
1984 5.12%
1985 5.59%
1986 3.04%
1987 0.88%
1988 3.16%
1989 0.95%
1990 -0.60%
1991 4.79%
1992 3.18%
1993 5.52%
1994 8.59%
1995 6.07%
1996 2.21%
1997 3.62%
1998 3.66%
1999 3.13%
2000 5.24%
2001 6.63%
2002 6.39%
2003 8.23%
2004 13.68%
2005 29.26%
2006 6.46%
2007 -2.46%
2008 -12.64%
2009 -11.73%
2010 -6.20%
2011 -8.57%
2012 0.62%
Real Estate Appreciation, Rank & Percentile
Last Quarter 1.71% Rank: 65 of 381 (83rd Percentile)
Last Year . . . . . . . . . . . . . . . . 0.6% Rank: 162 of 381 (57th Percentile)
Last 5 Years -33% Rank: 343 of 381 (10th Percentile)
Last 10 Years . . . . . . . . . . . . 10% Rank: 268 of 381 (29th Percentile)
Last 20 Years 81% Rank: 167 of 368 (54th Percentile)
Decline From All Time High 35.21%
Home Price appreciation rates for Tucson, AZ are shown above for five time
periods. For example: Tucson appreciated 1.71% in the Last Quarter. At that
rate, the Tucson Real Estate Market was ranked 65th out of 381 metropolitan
areas for Real Estate Appreciation. Tucson was in the 83rd percentile. So
Tucson, AZ performed better in the Last Quarter than 83% of the 381
metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Tucson, Arizona
The all time high in the Tucson Home Price Index was 239.0 in the 1st Quarter,
of 2007. The 4th Quarter, 2012 index value was 154.8. That's a decline of
84.14 points or 35.21% below the Tucson Home Price Index all time high. The
Home Price Index indicates that the Tucson Market is up 10% over the last 10
years. Home prices in the Tucson Real Estate Market have gained 0.62% over
the last 12 months. Over the last thirty years, it is up 188%.
The 4th Quarter index value was 2.61 points higher than the 3rd Quarter, 2012
index value of 152.21, resulting in a 1.71% rise in the 4th Quarter for the
Tucson Market.
The Tucson 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 Tucson Real Estate Market
was 37% in the twelve months ended with the 2nd Quarter of 1979. The worst
annual home appreciation rate in the Tucson Market was -13% in the twelve
months ended with the 1st Quarter of 2010.
The highest home appreciation in the Tucson Real Estate Market over a three
year period was 69% in the three years ended with the 3rd Quarter of 1980.
The worst home appreciation over a three year period in the Tucson Market
was -31% in the three years ended with the 1st Quarter of 2011.
This page provides a long term graph of the Tucson Home Price Index (above).
For information about Arizona home values, look at the links under that chart.
One link opens a forecast for home appreciation rates in the state of Arizona.
Another link opens the home price index chart for Arizona. 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 Tucson Home
Prices will be at your fingertips when you need them.
Historical data on the Tucson Home Price Index is available back to the 3rd
Quarter, of 1977. All calculations are based on the quarterly value of the House
Price Index for the Tucson 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 Tucson 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: Tucson, Arizona
The appreciation of Tucson 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.
Last Quarter:
During the 4th Quarter of 2012, Tucson Home Prices had a rank of 65, with
appreciation of 1.71%. 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, Tucson Home Prices had a rank of 162, with
appreciation during the year of 0.62%. 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, Tucson Home Prices
ranked 343, with a total appreciation of -33.5%. 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, Tucson Home Prices
had a rank of 268, with appreciation during the decade of 10%. 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, Tucson Home Prices
had a rank of 167, with total appreciation over the 20 year period of 81%. 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 Tucson Real Estate
Market is available back to the 3rd Quarter, of 1977. All calculations are based
on the quarterly value of the House Price Index for Tucson. 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: Tucson, Arizona
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 Tucson housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Tucson 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
Tucson 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 Tucson Real
Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 82%
The forecast for the trend in the Tucson housing market for the 3 years ending
with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast for
Tucson is 82%. In other words, when tested against historical data, the
forecasting methodology was correct 82% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Tucson is 82% 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 Tucson Real
Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Tucson, Arizona
Historical Home Price Appreciation
Last Quarter 1.71%
Last Year 0.6%
Last 5 Years -33%
Last 10 Years 10%
Last 20 Years 81%
Decline From All Time High 35.21%
Annual Home Price Appreciation Rates
1983 23.53%
1984 5.12%
1985 5.59%
1986 3.04%
1987 0.88%
1988 3.16%
1989 0.95%
1990 -0.60%
1991 4.79%
1992 3.18%
1993 5.52%
1994 8.59%
1995 6.07%
1996 2.21%
1997 3.62%
1998 3.66%
1999 3.13%
2000 5.24%
2001 6.63%
2002 6.39%
2003 8.23%
2004 13.68%
2005 29.26%
2006 6.46%
2007 -2.46%
2008 -12.64%
2009 -11.73%
2010 -6.20%
2011 -8.57%
2012 0.62%
Real Estate Appreciation, Rank & Percentile
Last Quarter 1.71% Rank: 65 of 381 (83rd Percentile)
Last Year . . . . . . . . . . . . . . . . 0.6% Rank: 162 of 381 (57th Percentile)
Last 5 Years -33% Rank: 343 of 381 (10th Percentile)
Last 10 Years . . . . . . . . . . . . 10% Rank: 268 of 381 (29th Percentile)
Last 20 Years 81% Rank: 167 of 368 (54th Percentile)
Decline From All Time High 35.21%
Home Price appreciation rates for Tucson, AZ are shown above for five time
periods. For example: Tucson appreciated 1.71% in the Last Quarter. At that
rate, the Tucson Real Estate Market was ranked 65th out of 381 metropolitan
areas for Real Estate Appreciation. Tucson was in the 83rd percentile. So
Tucson, AZ performed better in the Last Quarter than 83% of the 381
metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Tucson, Arizona
The all time high in the Tucson Home Price Index was 239.0 in the 1st Quarter,
of 2007. The 4th Quarter, 2012 index value was 154.8. That's a decline of
84.14 points or 35.21% below the Tucson Home Price Index all time high. The
Home Price Index indicates that the Tucson Market is up 10% over the last 10
years. Home prices in the Tucson Real Estate Market have gained 0.62% over
the last 12 months. Over the last thirty years, it is up 188%.
The 4th Quarter index value was 2.61 points higher than the 3rd Quarter, 2012
index value of 152.21, resulting in a 1.71% rise in the 4th Quarter for the
Tucson Market.
The Tucson 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 Tucson Real Estate Market
was 37% in the twelve months ended with the 2nd Quarter of 1979. The worst
annual home appreciation rate in the Tucson Market was -13% in the twelve
months ended with the 1st Quarter of 2010.
The highest home appreciation in the Tucson Real Estate Market over a three
year period was 69% in the three years ended with the 3rd Quarter of 1980.
The worst home appreciation over a three year period in the Tucson Market
was -31% in the three years ended with the 1st Quarter of 2011.
This page provides a long term graph of the Tucson Home Price Index (above).
For information about Arizona home values, look at the links under that chart.
One link opens a forecast for home appreciation rates in the state of Arizona.
Another link opens the home price index chart for Arizona. 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 Tucson Home
Prices will be at your fingertips when you need them.
Historical data on the Tucson Home Price Index is available back to the 3rd
Quarter, of 1977. All calculations are based on the quarterly value of the House
Price Index for the Tucson 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 Tucson 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: Tucson, Arizona
The appreciation of Tucson 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.
Last Quarter:
During the 4th Quarter of 2012, Tucson Home Prices had a rank of 65, with
appreciation of 1.71%. 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, Tucson Home Prices had a rank of 162, with
appreciation during the year of 0.62%. 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, Tucson Home Prices
ranked 343, with a total appreciation of -33.5%. 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, Tucson Home Prices
had a rank of 268, with appreciation during the decade of 10%. 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, Tucson Home Prices
had a rank of 167, with total appreciation over the 20 year period of 81%. 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 Tucson Real Estate
Market is available back to the 3rd Quarter, of 1977. All calculations are based
on the quarterly value of the House Price Index for Tucson. 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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