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El Centro, CA - House Price Index (HPI) - 18 Year Chart
El Centro Real Estate Market
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The House Price Index (HPI) shows changes in El Centro, CA single family home prices in
logarithmic scale. The March, 1995 index value equals 100. Updated Thursday, April 19, 2012. Real
estate forecasts, analysis, statistics and appreciation rates are provided below.
El Centro Real Estate Index: 18 Year Chart
Home Values Appreciation Rate - US Cities
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El Centro Real Estate Market: Trend, Analysis & Statistics
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Commentary  10163
4th Quarter, 2011 Housing Statistics: El Centro, California


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 El Centro housing market for the 12
months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for El Centro 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 El Centro 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 El
Centro Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      79%

The forecast for the trend in the El Centro housing market for the 3 years
ending with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for El Centro 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 El
Centro is 79% 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 El Centro
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: El Centro, California


Historical Home Price Appreciation
Last Quarter                                     2.37%
Last Year . . . . . . . . . . . . . . . . . . . .  -2.5%
Last 5 Years                                     -49%
Last 10 Years . . . . . . . . . . . . . . . . . 4%
Last 20 Years                                   40%
Decline From All Time High               49.20%


Annual Home Price Appreciation Rates
1982        n/a
1983        n/a
1984        n/a
1985        n/a
1986        n/a
1987        n/a
1988        n/a
1989        n/a
1990      9.74%
1991      5.83%
1992      4.60%
1993      2.77%
1994      0.56%
1995      1.93%
1996      -0.53%
1997      2.05%
1998      4.25%
1999      2.37%
2000      4.66%
2001      8.48%
2002      6.86%
2003      10.92%
2004      23.40%
2005      26.98%
2006      8.32%
2007      -8.73%
2008      -35.46%
2009      -9.19%
2010      -1.32%
2011      -2.46%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              2.37%         Rank: 28 of 381 (92nd Percentile)
Last Year  . . . . . . . . . . . . . . . .  -2.5%          Rank: 187 of 381 (51st Percentile)
Last 5 Years                              -49%           Rank: 367 of 381 (3rd Percentile)
Last 10 Years  . . . . . . . . . . . .   4%              Rank: 344 of 381 (9th Percentile)
Last 20 Years                            40%            Rank: 335 of 355 (5th Percentile)
Decline From All Time High        49.20%

Home Price appreciation rates for El Centro, CA are shown above for five time
periods. For example: El Centro appreciated 2.37% in the Last Quarter. At that
rate, the El Centro Real Estate Market was ranked 28th out of 381 metropolitan
areas for Real Estate Appreciation. El Centro was in the 92nd percentile. So El
Centro, CA performed better in the Last Quarter than 92% of the 381
metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: El Centro, California

The all time high in the El Centro Home Price Index was 256.4 in the 1st
Quarter, of 2007. The 4th Quarter, 2011 index value was 130.2. That's a
decline of 126.13 points or 49.20% below the El Centro Home Price Index all
time high.  The Home Price Index indicates that the El Centro Market is up 4%
over the last 10 years. Home Prices in the El Centro Real Estate Market have
lost 2.46% over the last 12 months.

The 4th Quarter index value was 3.02 points higher than the 3rd Quarter, 2011
index value of 127.21, resulting in a 2.37% rise in the 4th Quarter for the El
Centro Market.

The El Centro 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 El Centro Real Estate Market
was 33% in the twelve months ended with the 2nd Quarter of 2005. The worst
annual home appreciation rate in the El Centro Market was -35% in the twelve
months ended with the 4th Quarter of 2008.

The highest home appreciation in the El Centro Real Estate Market over a
three year period was 83% in the three years ended with the 1st Quarter of
2006. The worst home appreciation over a three year period in the El Centro
Market was -49% in the three years ended with the 1st Quarter of 2010.

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

Historical data on the El Centro Home Price Index is available back to the 1st
Quarter, of 1990. All calculations are based on the quarterly value of the House
Price Index for the El Centro 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 El Centro 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: El Centro, California

The appreciation of El Centro 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, El Centro Home Prices had a rank of 28, with
appreciation of 2.37%. 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, El Centro Home Prices had a rank of 187, with
appreciation during the year of -2.46%. 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, El Centro Home Prices
ranked 367, with a total appreciation of -48.5%. 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, El Centro Home Prices
had a rank of 344, with appreciation during the decade of 4%. 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, El Centro Home Prices
had a rank of 335, with total appreciation over the 20 year period of 40%. 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 El Centro Real Estate
Market is available back to the 1st Quarter, of 1990. All calculations are based
on the quarterly value of the House Price Index for El Centro. 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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