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Beaumont, TX - House Price Index (HPI) - 30 Year Chart
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Beaumont Real Estate Market
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The House Price Index (HPI) shows changes in Beaumont-Port Arthur, TX 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.
Beaumont Real Estate Market: Trend, Analysis & Statistics
1/1980 1/1985 1/1990 1/1995 1/2000 1/2005 1/2010
Commentary 10090
4th Quarter, 2011 Housing Statistics: Beaumont, Texas
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
Forecast Accuracy: 84%
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 Beaumont housing market for the 12
months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for Beaumont is 84%. In other words, when tested against
historical data, the forecasting methodology was correct 84% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Beaumont is 84% 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
Beaumont Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 82%
The forecast for the trend in the Beaumont housing market for the 3 years
ending with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for Beaumont 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 falling house prices in
Beaumont is 82% 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 Beaumont
Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Beaumont, Texas
Historical Home Price Appreciation
Last Quarter -1.16%
Last Year . . . . . . . . . . . . . . . . . . . . -3.3%
Last 5 Years 4%
Last 10 Years . . . . . . . . . . . . . . . . . 33%
Last 20 Years 80%
Decline From All Time High 5.20%
Annual Home Price Appreciation Rates
1982 0.87%
1983 2.63%
1984 -1.79%
1985 -2.85%
1986 -3.07%
1987 -3.79%
1988 -0.80%
1989 4.90%
1990 0.79%
1991 7.23%
1992 5.56%
1993 3.30%
1994 0.13%
1995 2.93%
1996 0.17%
1997 3.69%
1998 3.13%
1999 4.52%
2000 2.90%
2001 4.04%
2002 4.58%
2003 3.61%
2004 5.57%
2005 2.10%
2006 9.81%
2007 6.02%
2008 1.67%
2009 1.20%
2010 -1.39%
2011 -3.31%
Real Estate Appreciation, Rank & Percentile
Last Quarter -1.16% Rank: 338 of 381 (11th Percentile)
Last Year . . . . . . . . . . . . . . . . -3.3% Rank: 239 of 381 (37th Percentile)
Last 5 Years 4% Rank: 64 of 381 (83rd Percentile)
Last 10 Years . . . . . . . . . . . . 33% Rank: 118 of 381 (69th Percentile)
Last 20 Years 80% Rank: 205 of 355 (42nd Percentile)
Decline From All Time High 5.20%
Home Price appreciation rates for Beaumont-Port Arthur, TX are shown above
for five time periods. For example: Beaumont appreciated -1.16% in the Last
Quarter. At that rate, the Beaumont Real Estate Market was ranked 338th out
of 381 metropolitan areas for Real Estate Appreciation. Beaumont was in the
11th percentile. So Beaumont, TX performed better in the Last Quarter than
11% of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Beaumont, Texas
The data and analysis on this page pertains to Beaumont-Port Arthur, TX,
hereinafter referred to as "Beaumont". The all time high in the Beaumont Home
Price Index was 175.9 in the 2nd Quarter, of 2009. The 4th Quarter, 2011 index
value was 166.8. That's a decline of 9.15 points or 5.20% below the Beaumont
Home Price Index all time high. The Home Price Index indicates that the
Beaumont Market is up 33% over the last 10 years. Home Prices in the
Beaumont Real Estate Market have lost 3.31% over the last 12 months. Over
the last thirty years, it is up 86%.
The 4th Quarter index value was 1.96 points lower than the 3rd Quarter, 2011
index value of 168.73, resulting in a 1.16% decline for the 4th Quarter in the
Beaumont Market.
The Beaumont Home Price Index declined in the last quarter after increasing in
the previous quarter. 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 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 highest annual home appreciation rate in the Beaumont Real Estate
Market was 16% in the twelve months ended with the 1st Quarter of 1982. The
worst annual home appreciation rate in the Beaumont Market was -7% in the
twelve months ended with the 3rd Quarter of 1987.
The highest home appreciation in the Beaumont Real Estate Market over a
three year period was 30% in the three years ended with the 4th Quarter of
1981. The worst home appreciation over a three year period in the Beaumont
Market was -12% in the three years ended with the 3rd Quarter of 1987.
This page provides a long term graph of the Beaumont Home Price Index
(above). The house price chart has been updated through the 4th Quarter of
2011. For more information about Beaumont Home Prices, look at the links
under that chart. One link opens a long term chart of historical appreciation
rates for the Beaumont Real Estate Market. Another opens a forecast for
appreciation rates in the state of Texas. 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 Beaumont Home
Prices will be at your fingertips when you need them.
Historical data on the Beaumont Home Price Index is available back to the 3rd
Quarter, of 1978. All calculations are based on the quarterly value of the House
Price Index for the Beaumont 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 Beaumont 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: Beaumont, Texas
The appreciation of Beaumont 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 Beaumont-Port Arthur, TX, hereinafter referred to as "Beaumont".
Last Quarter:
During the 4th Quarter of 2011, Beaumont Home Prices had a rank of 338, with
appreciation of -1.16%. 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, Beaumont Home Prices had a rank of 239, with
appreciation during the year of -3.31%. 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, Beaumont Home Prices
ranked 64, with a total appreciation of 4.0%. 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, Beaumont Home Prices
had a rank of 118, with appreciation during the decade of 33%. 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, Beaumont Home Prices
had a rank of 205, with total appreciation over the 20 year period of 80%. 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 Beaumont Real Estate
Market is available back to the 3rd Quarter, of 1978. All calculations are based
on the quarterly value of the House Price Index for Beaumont. 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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