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Corpus Christi, TX - House Price Index (HPI) - 29 Year Chart
Corpus Christi Real Estate Market
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The House Price Index (HPI) shows changes in Corpus Christi, TX 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.
Corpus Christi Real Estate Index: 29 Year Chart
Home Values Appreciation Rate - US Cities
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Corpus Christi Real Estate Market: Trend, Analysis & Statistics
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Commentary  10141
4th Quarter, 2011 Housing Statistics: Corpus Christi, Texas


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      71%

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 Corpus Christi housing market for the
12 months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for Corpus Christi is 71%. In other words, when tested against
historical data, the forecasting methodology was correct 71% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Corpus Christi is 71% 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 Corpus Christi Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      77%

The forecast for the trend in the Corpus Christi housing market for the 3 years
ending with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for Corpus Christi is 77%. In other words, when tested against
historical data, the forecasting methodology was correct 77% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Corpus Christi is 77% 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 Corpus Christi Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Corpus Christi, Texas


Historical Home Price Appreciation
Last Quarter                                     -0.38%
Last Year . . . . . . . . . . . . . . . . . . . .  -0.8%
Last 5 Years                                     1%
Last 10 Years . . . . . . . . . . . . . . . . . 36%
Last 20 Years                                   88%
Decline From All Time High               5.55%


Annual Home Price Appreciation Rates
1982      10.77%
1983      -1.26%
1984      -4.49%
1985      5.08%
1986      -0.82%
1987      -9.78%
1988      1.23%
1989      -1.27%
1990      -1.84%
1991      5.28%
1992      5.06%
1993      5.26%
1994      2.29%
1995      2.60%
1996      3.11%
1997      1.53%
1998      2.96%
1999      2.41%
2000      3.41%
2001      4.33%
2002      5.93%
2003      3.61%
2004      9.44%
2005      6.86%
2006      4.63%
2007      3.96%
2008      0.62%
2009      0.89%
2010      -3.33%
2011      -0.77%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -0.38%        Rank: 289 of 381 (24th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -0.8%          Rank: 91 of 381 (76th Percentile)
Last 5 Years                              1%              Rank: 100 of 381 (73rd Percentile)
Last 10 Years  . . . . . . . . . . . .   36%            Rank: 98 of 381 (74th Percentile)
Last 20 Years                            88%            Rank: 157 of 355 (55th Percentile)
Decline From All Time High        5.55%

Home Price appreciation rates for Corpus Christi, TX are shown above for five
time periods. For example: Corpus Christi appreciated -0.38% in the Last
Quarter. At that rate, the Corpus Christi Real Estate Market was ranked 289th
out of 381 metropolitan areas for Real Estate Appreciation. Corpus Christi was
in the 24th percentile. So Corpus Christi, TX performed better in the Last
Quarter than 24% of the 381 metropolitan areas covered in
Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Corpus Christi, Texas

The all time high in the Corpus Christi Home Price Index was 176.5 in the 3rd
Quarter, of 2009. The 4th Quarter, 2011 index value was 166.7. That's a
decline of 9.79 points or 5.55% below the Corpus Christi Home Price Index all
time high.  The Home Price Index indicates that the Corpus Christi Market is up
36% over the last 10 years. Home Prices in the Corpus Christi Real Estate
Market have lost 0.77% over the last 12 months. Over the last thirty years, it is
up 91%.

The 4th Quarter index value was 0.63 points lower than the 3rd Quarter, 2011
index value of 167.31, resulting in a 0.38% decline for the 4th Quarter in the
Corpus Christi Market.

The Corpus Christi Home Price Index declined in the last quarter after
increasing in the previous 2 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 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 Corpus Christi Real Estate
Market was 29% in the twelve months ended with the 4th Quarter of 1980. The
worst annual home appreciation rate in the Corpus Christi Market was -15% in
the twelve months ended with the 1st Quarter of 1988.

The highest home appreciation in the Corpus Christi Real Estate Market over a
three year period was 52% in the three years ended with the 4th Quarter of
1982. The worst home appreciation over a three year period in the Corpus
Christi Market was -14% in the three years ended with the 1st Quarter of 1988.

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

Historical data on the Corpus Christi Home Price Index is available back to the
3rd Quarter, of 1979. All calculations are based on the quarterly value of the
House Price Index for the Corpus Christi 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 Corpus Christi 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: Corpus Christi, Texas

The appreciation of Corpus Christi 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, Corpus Christi Home Prices had a rank of 289,
with appreciation of -0.38%. 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, Corpus Christi Home Prices had a rank of 91, with
appreciation during the year of -0.77%. 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, Corpus Christi Home
Prices ranked 100, with a total appreciation of 1.2%. 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, Corpus Christi Home
Prices had a rank of 98, with appreciation during the decade of 36%. 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, Corpus Christi Home
Prices had a rank of 157, with total appreciation over the 20 year period of
88%. 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 Corpus Christi Real
Estate Market is available back to the 3rd Quarter, of 1979. All calculations are
based on the quarterly value of the House Price Index for Corpus Christi. 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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