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Baton Rouge, LA - House Price Index (HPI) - 30 Year Chart
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Baton Rouge Real Estate Market
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The House Price Index (HPI) shows changes in Baton Rouge, LA single family home prices in
logarithmic scale. The March, 1995 index value equals 100. Updated Tuesday, April 17, 2012. Real
estate forecasts, analysis, statistics and appreciation rates are provided below.
Baton Rouge Real Estate Market: Trend, Analysis & Statistics
1/1980 1/1985 1/1990 1/1995 1/2000 1/2005 1/2010
Commentary 10087
4th Quarter, 2011 Housing Statistics: Baton Rouge, Louisiana
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 Baton Rouge housing market for the
12 months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for Baton Rouge 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 Baton Rouge is 83% during this period. If this Housing Market
Forecast is correct, home prices will be lower in the 4th Quarter of 2012 than
they were in the 4th Quarter of 2011. Check this page each quarter for updates
to the Baton Rouge Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 81%
The forecast for the trend in the Baton Rouge housing market for the 3 years
ending with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for Baton Rouge is 81%. In other words, when tested against historical
data, the forecasting methodology was correct 81% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Baton Rouge is 81% during this period. If this Housing Market Forecast is
correct, home prices will be lower in the 4th Quarter of 2014 than they were in
the 4th Quarter of 2011. Check this page each quarter for updates to the Baton
Rouge Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Baton Rouge, Louisiana
Historical Home Price Appreciation
Last Quarter 0.36%
Last Year . . . . . . . . . . . . . . . . . . . . -0.3%
Last 5 Years 5%
Last 10 Years . . . . . . . . . . . . . . . . . 40%
Last 20 Years 122%
Decline From All Time High 1.84%
Annual Home Price Appreciation Rates
1982 2.83%
1983 -1.81%
1984 0.75%
1985 -3.94%
1986 0.80%
1987 -7.01%
1988 -4.00%
1989 2.25%
1990 2.08%
1991 5.30%
1992 4.80%
1993 5.60%
1994 4.77%
1995 5.85%
1996 3.97%
1997 5.84%
1998 4.28%
1999 3.75%
2000 3.61%
2001 4.71%
2002 3.61%
2003 2.97%
2004 3.63%
2005 10.12%
2006 10.15%
2007 4.81%
2008 0.15%
2009 1.46%
2010 -1.54%
2011 -0.31%
Real Estate Appreciation, Rank & Percentile
Last Quarter 0.36% Rank: 172 of 381 (55th Percentile)
Last Year . . . . . . . . . . . . . . . . -0.3% Rank: 62 of 381 (83rd Percentile)
Last 5 Years 5% Rank: 53 of 381 (86th Percentile)
Last 10 Years . . . . . . . . . . . . 40% Rank: 71 of 381 (81st Percentile)
Last 20 Years 122% Rank: 48 of 355 (86th Percentile)
Decline From All Time High 1.84%
Home Price appreciation rates for Baton Rouge, LA are shown above for five
time periods. For example: Baton Rouge appreciated 0.36% in the Last
Quarter. At that rate, the Baton Rouge Real Estate Market was ranked 172nd
out of 381 metropolitan areas for Real Estate Appreciation. Baton Rouge was in
the 55th percentile. So Baton Rouge, LA performed better in the Last Quarter
than 55% of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Baton Rouge, Louisiana
The all time high in the Baton Rouge Home Price Index was 192.8 in the 4th
Quarter, of 2009. The 4th Quarter, 2011 index value was 189.3. That's a
decline of 3.54 points or 1.84% below the Baton Rouge Home Price Index all
time high. The Home Price Index indicates that the Baton Rouge Market is up
40% over the last 10 years. Home Prices in the Baton Rouge Real Estate
Market have lost 0.31% over the last 12 months. Over the last thirty years, it is
up 115%.
The 4th Quarter index value was 0.68 points higher than the 3rd Quarter, 2011
index value of 188.60, resulting in a 0.36% rise in the 4th Quarter for the Baton
Rouge Market.
The Baton Rouge Home Price Index increased in the last quarter after falling in
the previous quarter. The current record holders for consecutive increases in
the Home Price Index are Wheeling, WV; Washington, DC; St. Cloud, MN and
Grand Forks, ND, with increases in the last 4 consecutive quarters. The current
record holder for consecutive declines in the Home Price Index is Las Vegas,
NV, with declines in the last 20 consecutive quarters.
The highest annual home appreciation rate in the Baton Rouge Real Estate
Market was 22% in the twelve months ended with the 2nd Quarter of 1979. The
worst annual home appreciation rate in the Baton Rouge Market was -8% in the
twelve months ended with the 1st Quarter of 1988.
The highest home appreciation in the Baton Rouge Real Estate Market over a
three year period was 34% in the three years ended with the 2nd Quarter of
1981. The worst home appreciation over a three year period in the Baton
Rouge Market was -13% in the three years ended with the 1st Quarter of 1989.
This page provides a long term graph of the Baton Rouge Home Price Index
(above). The house price chart has been updated through the 4th Quarter of
2011. For more information about Baton Rouge Home Prices, look at the links
under that chart. One link opens a long term chart of historical appreciation
rates for the Baton Rouge Real Estate Market. Another opens a forecast for
appreciation rates in the state of Louisiana. 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 Baton Rouge
Home Prices will be at your fingertips when you need them.
Historical data on the Baton Rouge 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 Baton Rouge 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 Baton Rouge 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, 2011 Housing Data: Baton Rouge, Louisiana
The appreciation of Baton Rouge 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 2011, Baton Rouge Home Prices had a rank of 172,
with appreciation of 0.36%. The top performing real estate market during the
4th Quarter was Vineland, NJ, with appreciation of 6.09%. The worst market
during that period was Valdosta, GA, with appreciation of -5.24%.
The median appreciation for all cities during the 4th Quarter was 0.24%. The
average appreciation for all markets during the quarter was 0.29%.
Last Year:
During the last 12 months, Baton Rouge Home Prices had a rank of 62, with
appreciation during the year of -0.31%. The top performing market during the
last year was Midland, TX, with appreciation of 4.7%. The worst real estate
market during that period was Carson City, NV, with appreciation of -18.1%.
The median appreciation for all markets during this period was -2.61%. The
average appreciation was -2.93%.
Last 5 Years:
Over the 5 years ended with the 4th Quarter of 2011, Baton Rouge Home
Prices ranked 53, with a total appreciation of 4.5%. The top performing real
estate market during the 5 year period was Midland, TX, with appreciation of
23%. The worst market during that period was Merced, CA, with appreciation of
-62%.
The median appreciation for all cities during this time period was -7%. The
average appreciation over the 5 years was -11%.
Last 10 Years:
During the 10 years ended in the 4th Quarter of 2011, Baton Rouge Home
Prices had a rank of 71, with appreciation during the decade of 40%. The top
performing market during the period was Midland, TX, with appreciation of 92%.
The worst real estate market during the 10 year time period was Detroit, MI, with
appreciation of -29%.
The median appreciation for all markets during the last 10 years was 24%. The
average appreciation for the cities over that time frame was 25%.
Last 20 Years:
During the 20 years ended in the 4th Quarter of 2011, Baton Rouge Home
Prices had a rank of 48, with total appreciation over the 20 year period of
122%. The top performing real estate market during the period was Casper,
WY, with appreciation of 222%. The worst market during the last 20 years was
Las Vegas, NV, with appreciation of 5%.
The median appreciation for all cities during the last 20 years was 85%. The
average appreciation for the markets over that time frame was 87%.
Historical research data on the Home Price Index for the Baton Rouge Real
Estate Market is available back to the 2nd Quarter, of 1978. The chart has
been updated through the 4th Quarter of 2011. All calculations are based on
the quarterly value of the House Price Index for Baton Rouge. 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.)
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