Vallejo, CA - House Price Index (HPI) - 30 Year Chart
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Vallejo Real Estate Market Forecast (CA)
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The House Price Index (HPI) shows changes in Vallejo-Fairfield, 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.
Vallejo Home Price Index Market: Trend, Analysis & Statistics
1/75 1/1980 1/1985 1/1990 1/1995 1/2000 1/2005 1/2010 1/15
Commentary 13461
4th Quarter, 2012 Housing Statistics: Vallejo, 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 Vallejo housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Vallejo 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
Vallejo 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 Vallejo Real
Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 79%
The forecast for the trend in the Vallejo housing market for the 3 years ending
with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast for
Vallejo is 79%. In other words, when tested against historical data, the
forecasting methodology was correct 79% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Vallejo is 79% 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 Vallejo Real
Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Vallejo, California
Historical Home Price Appreciation
Last Quarter 3.47%
Last Year 3.1%
Last 5 Years -46%
Last 10 Years -23%
Last 20 Years 32%
Decline From All Time High 53.82%
Annual Home Price Appreciation Rates
1983 5.70%
1984 0.81%
1985 7.06%
1986 6.55%
1987 4.18%
1988 11.02%
1989 18.55%
1990 10.29%
1991 1.72%
1992 -1.91%
1993 -2.26%
1994 -4.18%
1995 -1.36%
1996 -2.08%
1997 3.15%
1998 5.69%
1999 12.59%
2000 19.15%
2001 14.79%
2002 12.36%
2003 13.20%
2004 21.79%
2005 19.87%
2006 -0.60%
2007 -13.64%
2008 -33.23%
2009 -11.21%
2010 -2.94%
2011 -8.24%
2012 3.12%
Real Estate Appreciation, Rank & Percentile
Last Quarter 3.47% Rank: 10 of 381 (97th Percentile)
Last Year . . . . . . . . . . . . . . . . 3.1% Rank: 39 of 381 (90th Percentile)
Last 5 Years -46% Rank: 378 of 381 (Bottom .70%)
Last 10 Years . . . . . . . . . . . . -23% Rank: 375 of 381 (1st Percentile)
Last 20 Years 32% Rank: 359 of 368 (2nd Percentile)
Decline From All Time High 53.82%
Home Price appreciation rates for Vallejo-Fairfield, CA are shown above for five
time periods. For example: Vallejo appreciated 3.47% in the Last Quarter. At
that rate, the Vallejo Real Estate Market was ranked 10th out of 381
metropolitan areas for Real Estate Appreciation. Vallejo was in the 97th
percentile. So Vallejo, CA performed better in the Last Quarter than 97% of the
381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Vallejo, California
The data and analysis on this page pertains to Vallejo-Fairfield, CA, hereinafter
referred to as "Vallejo". The all time high in the Vallejo Home Price Index was
312.8 in the 1st Quarter, of 2006. The 4th Quarter, 2012 index value was
144.5. That's a decline of 168.35 points or 53.82% below the Vallejo Home
Price Index all time high. The Home Price Index indicates that the Vallejo
Market is down 23% over the last 10 years. Home prices in the Vallejo Real
Estate Market have gained 3.12% over the last 12 months. Over the last thirty
years, it is up 142%.
The 4th Quarter index value was 4.85 points higher than the 3rd Quarter, 2012
index value of 139.63, resulting in a 3.47% rise in the 4th Quarter for the Vallejo
Market.
The Vallejo 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 Vallejo Real Estate Market
was 24% in the twelve months ended with the 2nd Quarter of 2005. The worst
annual home appreciation rate in the Vallejo Market was -33% in the twelve
months ended with the 4th Quarter of 2008.
The highest home appreciation in the Vallejo Real Estate Market over a three
year period was 65% in the three years ended with the 4th Quarter of 2005.
The worst home appreciation over a three year period in the Vallejo Market was
-49% in the three years ended with the 3rd Quarter of 2009.
This page provides a long term graph of the Vallejo 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 Vallejo Home
Prices will be at your fingertips when you need them.
Historical data on the Vallejo Home Price Index is available back to the 2nd
Quarter, of 1978. All calculations are based on the quarterly value of the House
Price Index for the Vallejo 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 Vallejo 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.
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