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Colorado Springs, CO - House Price Index (HPI) - 29 Year Chart
Colorado Springs Real Estate Market
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1000
The House Price Index (HPI) shows changes in Colorado Springs, CO single family home prices in
logarithmic scale. The March, 1995 index value equals 100.  Updated Wednesday, April 18, 2012.
Real estate forecasts, analysis, statistics and appreciation rates are provided below.
Colorado Springs RE Index: 29 Year Chart
Home Values Appreciation Rate - US Cities
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Colorado Springs Real Estate Market: Trend, Analysis & Statistics
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Commentary  10135
4th Quarter, 2011 Housing Statistics: Colorado Springs, Colorado


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      79%

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 Colorado Springs housing market for
the 12 months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of
the Trend Forecast for Colorado Springs 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 Colorado Springs is 79% 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 Colorado Springs Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      81%

The forecast for the trend in the Colorado Springs housing market for the 3
years ending with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for Colorado Springs 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 Colorado Springs 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 Colorado Springs Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Colorado Springs, Colorado


Historical Home Price Appreciation
Last Quarter                                     0.91%
Last Year . . . . . . . . . . . . . . . . . . . .  -2.7%
Last 5 Years                                     -9%
Last 10 Years . . . . . . . . . . . . . . . . . 14%
Last 20 Years                                   121%
Decline From All Time High               9.71%


Annual Home Price Appreciation Rates
1982      17.08%
1983      -7.41%
1984      8.34%
1985      1.70%
1986      3.71%
1987      -1.96%
1988      -1.88%
1989      0.54%
1990      0.29%
1991      4.26%
1992      6.88%
1993      10.31%
1994      9.28%
1995      7.20%
1996      5.63%
1997      4.70%
1998      4.49%
1999      4.06%
2000      7.25%
2001      8.68%
2002      4.63%
2003      2.46%
2004      5.60%
2005      7.04%
2006      3.30%
2007      -0.61%
2008      -2.34%
2009      -2.10%
2010      -1.32%
2011      -2.72%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.91%         Rank: 96 of 381 (75th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -2.7%          Rank: 204 of 381 (46th Percentile)
Last 5 Years                              -9%             Rank: 213 of 381 (44th Percentile)
Last 10 Years  . . . . . . . . . . . .   14%            Rank: 288 of 381 (24th Percentile)
Last 20 Years                            121%          Rank: 49 of 355 (86th Percentile)
Decline From All Time High        9.71%

Home Price appreciation rates for Colorado Springs, CO are shown above for
five time periods. For example: Colorado Springs appreciated 0.91% in the Last
Quarter. At that rate, the Colorado Springs Real Estate Market was ranked 96th
out of 381 metropolitan areas for Real Estate Appreciation. Colorado Springs
was in the 75th percentile. So Colorado Springs, CO performed better in the
Last Quarter than 75% of the 381 metropolitan areas covered in
Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Colorado Springs, Colorado

The all time high in the Colorado Springs Home Price Index was 186.9 in the 1st
Quarter, of 2007. The 4th Quarter, 2011 index value was 168.8. That's a
decline of 18.15 points or 9.71% below the Colorado Springs Home Price Index
all time high.  The Home Price Index indicates that the Colorado Springs Market
is up 14% over the last 10 years. Home Prices in the Colorado Springs Real
Estate Market have lost 2.72% over the last 12 months. Over the last thirty
years, it is up 177%.

The 4th Quarter index value was 1.52 points higher than the 3rd Quarter, 2011
index value of 167.27, resulting in a 0.91% rise in the 4th Quarter for the
Colorado Springs Market.

The Colorado Springs Home Price Index has increased for the last 2
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 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 Colorado Springs Real Estate
Market was 20% in the twelve months ended with the 2nd Quarter of 1982. The
worst annual home appreciation rate in the Colorado Springs Market was -7% in
the twelve months ended with the 4th Quarter of 1983.

The highest home appreciation in the Colorado Springs Real Estate Market
over a three year period was 38% in the three years ended with the 4th Quarter
of 1982. The worst home appreciation over a three year period in the Colorado
Springs Market was -9% in the three years ended with the 2nd Quarter of 2011.

This page provides a long term graph of the Colorado Springs Home Price
Index (above). The house price chart has been updated through the 4th
Quarter of 2011. For more information about Colorado Springs Home Prices,
look at the links under that chart. One link opens a long term chart of historical
appreciation rates for the Colorado Springs Real Estate Market. Another opens
a forecast for appreciation rates in the state of Colorado. 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 Colorado Springs
Home Prices will be at your fingertips when you need them.

Historical data on the Colorado Springs Home Price Index is available back to
the 2nd Quarter, of 1979. All calculations are based on the quarterly value of
the House Price Index for the Colorado Springs 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 Colorado Springs 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: Colorado Springs, Colorado

The appreciation of Colorado Springs 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, Colorado Springs Home Prices had a rank of
96, with appreciation of 0.91%. 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, Colorado Springs Home Prices had a rank of 204,
with appreciation during the year of -2.72%. 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, Colorado Springs Home
Prices ranked 213, with a total appreciation of -8.8%. 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, Colorado Springs Home
Prices had a rank of 288, with appreciation during the decade of 14%. 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, Colorado Springs Home
Prices had a rank of 49, with total appreciation over the 20 year period of
121%. 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 Colorado Springs Real
Estate Market is available back to the 2nd Quarter, of 1979. 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 Colorado Springs. 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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