| Wilmington, DE - House Price Index (HPI) - 28 Year Chart |
| Wilmington Real Estate Market Forecast (DE) |
| 100 |
| 1000 |
The House Price Index (HPI) shows changes in Wilmington, DE-MD-NJ single family home prices in
logarithmic scale. The March, 1995 index value equals 100. Updated Monday, December 31, 2012.
See real estate forecasts, analysis, statistics and appreciation rates below.
logarithmic scale. The March, 1995 index value equals 100. Updated Monday, December 31, 2012.
See real estate forecasts, analysis, statistics and appreciation rates below.
| Wilmington Real Estate Index: 28 Year Chart Home Values Appreciation Rate - US Cities |
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Wilmington 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 13479
4th Quarter, 2012 Housing Statistics: Wilmington, Delaware
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
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 Wilmington housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Wilmington 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 falling house
prices in Wilmington is 83% during this period. If this Housing Market Forecast
is correct, home prices will be lower in the 4th Quarter of 2013 than they were in
the 4th Quarter of 2012. Check this page each quarter for updates to the
Wilmington Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 79%
The forecast for the trend in the Wilmington housing market for the 3 years
ending with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend
Forecast for Wilmington 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 falling house prices in
Wilmington is 79% during this period. If this Housing Market Forecast is correct,
home values will be lower in the 4th Quarter of 2015 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Wilmington
Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Wilmington, Delaware
Historical Home Price Appreciation
Last Quarter 0.31%
Last Year -2.0%
Last 5 Years -18%
Last 10 Years 27%
Last 20 Years 71%
Decline From All Time High 18.57%
Annual Home Price Appreciation Rates
1983 9.40%
1984 5.03%
1985 8.72%
1986 13.67%
1987 15.02%
1988 10.30%
1989 8.32%
1990 -0.43%
1991 3.61%
1992 1.25%
1993 -0.13%
1994 -2.54%
1995 2.00%
1996 0.92%
1997 1.72%
1998 3.52%
1999 3.49%
2000 6.18%
2001 6.96%
2002 8.27%
2003 10.03%
2004 15.31%
2005 14.86%
2006 6.19%
2007 0.43%
2008 -5.88%
2009 -4.87%
2010 -2.25%
2011 -4.54%
2012 -2.03%
Real Estate Appreciation, Rank & Percentile
Last Quarter 0.31% Rank: 213 of 381 (44th Percentile)
Last Year . . . . . . . . . . . . . . . . -2.0% Rank: 322 of 381 (15th Percentile)
Last 5 Years -18% Rank: 276 of 381 (27th Percentile)
Last 10 Years . . . . . . . . . . . . 27% Rank: 106 of 381 (72nd Percentile)
Last 20 Years 71% Rank: 221 of 368 (40th Percentile)
Decline From All Time High 18.57%
Home Price appreciation rates for Wilmington, DE-MD-NJ are shown above for
five time periods. For example: Wilmington appreciated 0.31% in the Last
Quarter. At that rate, the Wilmington Real Estate Market was ranked 213th out
of 381 metropolitan areas for Real Estate Appreciation. Wilmington was in the
44th percentile. So Wilmington, DE performed better in the Last Quarter than
44% of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Wilmington, Delaware
The all time high in the Wilmington Home Price Index was 216.0 in the 2nd
Quarter, of 2007. The 4th Quarter, 2012 index value was 175.9. That's a
decline of 40.12 points or 18.57% below the Wilmington Home Price Index all
time high. The Home Price Index indicates that the Wilmington Market is up
27% over the last 10 years. Home Prices in the Wilmington Real Estate Market
have lost 2.03% over the last 12 months. Over the last thirty years, it is up
248%.
The 4th Quarter index value was 0.55 points higher than the 3rd Quarter, 2012
index value of 175.36, resulting in a 0.31% rise in the 4th Quarter for the
Wilmington Market.
The Wilmington 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 Wilmington Real Estate
Market was 16% in the twelve months ended with the 2nd Quarter of 2005. The
worst annual home appreciation rate in the Wilmington Market was -7% in the
twelve months ended with the 3rd Quarter of 2011.
The highest home appreciation in the Wilmington Real Estate Market over a
three year period was 47% in the three years ended with the 1st Quarter of
2006. The worst home appreciation over a three year period in the Wilmington
Market was -15% in the three years ended with the 2nd Quarter of 2011.
This page provides a long term graph of the Wilmington Home Price Index
(above). For information about Delaware home values, look at the links under
that chart. One link opens a forecast for home appreciation rates in the state of
Delaware. Another link opens the home price index chart for Delaware. 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
Wilmington Home Prices will be at your fingertips when you need them.
Historical data on the Wilmington Home Price Index is available back to the 1st
Quarter, of 1980. All calculations are based on the quarterly value of the House
Price Index for the Wilmington 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 Wilmington 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: Wilmington, Delaware
The appreciation of Wilmington 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, Wilmington Home Prices had a rank of 213,
with appreciation of 0.31%. 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, Wilmington Home Prices had a rank of 322, with
appreciation during the year of -2.03%. 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, Wilmington Home Prices
ranked 276, with a total appreciation of -18.1%. 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, Wilmington Home Prices
had a rank of 106, with appreciation during the decade of 27%. 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, Wilmington Home Prices
had a rank of 221, with total appreciation over the 20 year period of 71%. 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 Wilmington Real Estate
Market is available back to the 1st Quarter, of 1980. All calculations are based
on the quarterly value of the House Price Index for Wilmington. 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: Wilmington, Delaware
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
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 Wilmington housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Wilmington 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 falling house
prices in Wilmington is 83% during this period. If this Housing Market Forecast
is correct, home prices will be lower in the 4th Quarter of 2013 than they were in
the 4th Quarter of 2012. Check this page each quarter for updates to the
Wilmington Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 79%
The forecast for the trend in the Wilmington housing market for the 3 years
ending with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend
Forecast for Wilmington 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 falling house prices in
Wilmington is 79% during this period. If this Housing Market Forecast is correct,
home values will be lower in the 4th Quarter of 2015 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Wilmington
Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Wilmington, Delaware
Historical Home Price Appreciation
Last Quarter 0.31%
Last Year -2.0%
Last 5 Years -18%
Last 10 Years 27%
Last 20 Years 71%
Decline From All Time High 18.57%
Annual Home Price Appreciation Rates
1983 9.40%
1984 5.03%
1985 8.72%
1986 13.67%
1987 15.02%
1988 10.30%
1989 8.32%
1990 -0.43%
1991 3.61%
1992 1.25%
1993 -0.13%
1994 -2.54%
1995 2.00%
1996 0.92%
1997 1.72%
1998 3.52%
1999 3.49%
2000 6.18%
2001 6.96%
2002 8.27%
2003 10.03%
2004 15.31%
2005 14.86%
2006 6.19%
2007 0.43%
2008 -5.88%
2009 -4.87%
2010 -2.25%
2011 -4.54%
2012 -2.03%
Real Estate Appreciation, Rank & Percentile
Last Quarter 0.31% Rank: 213 of 381 (44th Percentile)
Last Year . . . . . . . . . . . . . . . . -2.0% Rank: 322 of 381 (15th Percentile)
Last 5 Years -18% Rank: 276 of 381 (27th Percentile)
Last 10 Years . . . . . . . . . . . . 27% Rank: 106 of 381 (72nd Percentile)
Last 20 Years 71% Rank: 221 of 368 (40th Percentile)
Decline From All Time High 18.57%
Home Price appreciation rates for Wilmington, DE-MD-NJ are shown above for
five time periods. For example: Wilmington appreciated 0.31% in the Last
Quarter. At that rate, the Wilmington Real Estate Market was ranked 213th out
of 381 metropolitan areas for Real Estate Appreciation. Wilmington was in the
44th percentile. So Wilmington, DE performed better in the Last Quarter than
44% of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Wilmington, Delaware
The all time high in the Wilmington Home Price Index was 216.0 in the 2nd
Quarter, of 2007. The 4th Quarter, 2012 index value was 175.9. That's a
decline of 40.12 points or 18.57% below the Wilmington Home Price Index all
time high. The Home Price Index indicates that the Wilmington Market is up
27% over the last 10 years. Home Prices in the Wilmington Real Estate Market
have lost 2.03% over the last 12 months. Over the last thirty years, it is up
248%.
The 4th Quarter index value was 0.55 points higher than the 3rd Quarter, 2012
index value of 175.36, resulting in a 0.31% rise in the 4th Quarter for the
Wilmington Market.
The Wilmington 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 Wilmington Real Estate
Market was 16% in the twelve months ended with the 2nd Quarter of 2005. The
worst annual home appreciation rate in the Wilmington Market was -7% in the
twelve months ended with the 3rd Quarter of 2011.
The highest home appreciation in the Wilmington Real Estate Market over a
three year period was 47% in the three years ended with the 1st Quarter of
2006. The worst home appreciation over a three year period in the Wilmington
Market was -15% in the three years ended with the 2nd Quarter of 2011.
This page provides a long term graph of the Wilmington Home Price Index
(above). For information about Delaware home values, look at the links under
that chart. One link opens a forecast for home appreciation rates in the state of
Delaware. Another link opens the home price index chart for Delaware. 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
Wilmington Home Prices will be at your fingertips when you need them.
Historical data on the Wilmington Home Price Index is available back to the 1st
Quarter, of 1980. All calculations are based on the quarterly value of the House
Price Index for the Wilmington 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 Wilmington 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: Wilmington, Delaware
The appreciation of Wilmington 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, Wilmington Home Prices had a rank of 213,
with appreciation of 0.31%. 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, Wilmington Home Prices had a rank of 322, with
appreciation during the year of -2.03%. 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, Wilmington Home Prices
ranked 276, with a total appreciation of -18.1%. 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, Wilmington Home Prices
had a rank of 106, with appreciation during the decade of 27%. 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, Wilmington Home Prices
had a rank of 221, with total appreciation over the 20 year period of 71%. 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 Wilmington Real Estate
Market is available back to the 1st Quarter, of 1980. All calculations are based
on the quarterly value of the House Price Index for Wilmington. 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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