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El Paso, TX - House Price Index (HPI) - 26 Year Chart
El Paso Real Estate Market
100
1000
The House Price Index (HPI) shows changes in El Paso, TX 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 Paso Real Estate Index: 26 Year Chart
Home Values Appreciation Rate - US Cities
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El Paso Real Estate Market: Trend, Analysis & Statistics
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Commentary  10164
4th Quarter, 2011 Housing Statistics: El Paso, Texas


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      68%

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 Paso housing market for the 12
months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for El Paso is 68%. In other words, when tested against
historical data, the forecasting methodology was correct 68% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in El Paso is 68% 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
Paso Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      72%

The forecast for the trend in the El Paso housing market for the 3 years ending
with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend Forecast for
El Paso is 72%. In other words, when tested against historical data, the
forecasting methodology was correct 72% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in El
Paso is 72% 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 Paso Real Estate
Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: El Paso, Texas


Historical Home Price Appreciation
Last Quarter                                     0.64%
Last Year . . . . . . . . . . . . . . . . . . . .  -1.9%
Last 5 Years                                     0%
Last 10 Years . . . . . . . . . . . . . . . . . 46%
Last 20 Years                                   77%
Decline From All Time High               7.12%


Annual Home Price Appreciation Rates
1982        n/a
1983      10.60%
1984      -1.35%
1985      -3.22%
1986      2.94%
1987      -2.32%
1988      1.68%
1989      1.99%
1990      0.30%
1991      3.40%
1992      3.34%
1993      3.75%
1994      0.49%
1995      3.54%
1996      -3.88%
1997      2.77%
1998      2.22%
1999      -0.03%
2000      2.32%
2001      5.57%
2002      3.53%
2003      3.76%
2004      5.10%
2005      12.41%
2006      14.74%
2007      5.78%
2008      -1.33%
2009      -2.29%
2010      -0.08%
2011      -1.94%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.64%         Rank: 129 of 381 (66th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -1.9%          Rank: 159 of 381 (58th Percentile)
Last 5 Years                              0%             Rank: 112 of 381 (70th Percentile)
Last 10 Years  . . . . . . . . . . . .   46%            Rank: 43 of 381 (88th Percentile)
Last 20 Years                            77%            Rank: 223 of 355 (37th Percentile)
Decline From All Time High        7.12%

Home Price appreciation rates for El Paso, TX are shown above for five time
periods. For example: El Paso appreciated 0.64% in the Last Quarter. At that
rate, the El Paso Real Estate Market was ranked 129th out of 381 metropolitan
areas for Real Estate Appreciation. El Paso was in the 66th percentile. So El
Paso, TX performed better in the Last Quarter than 66% of the 381
metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: El Paso, Texas

The all time high in the El Paso Home Price Index was 177.2 in the 1st Quarter,
of 2008. The 4th Quarter, 2011 index value was 164.6. That's a decline of
12.61 points or 7.12% below the El Paso Home Price Index all time high.  The
Home Price Index indicates that the El Paso Market is up 46% over the last 10
years. Home Prices in the El Paso Real Estate Market have lost 1.94% over the
last 12 months.

The 4th Quarter index value was 1.05 points higher than the 3rd Quarter, 2011
index value of 163.56, resulting in a 0.64% rise in the 4th Quarter for the El
Paso Market.

The El Paso Home Price Index increased in the last quarter after falling in the
previous 3 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 Paso Real Estate Market
was 15% in the twelve months ended with the 3rd Quarter of 2006. The worst
annual home appreciation rate in the El Paso Market was -6% in the twelve
months ended with the 3rd Quarter of 1985.

The highest home appreciation in the El Paso Real Estate Market over a three
year period was 38% in the three years ended with the 2nd Quarter of 2007.
The worst home appreciation over a three year period in the El Paso Market
was -6% in the three years ended with the 1st Quarter of 2011.

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

Historical data on the El Paso Home Price Index is available back to the 4th
Quarter, of 1982. All calculations are based on the quarterly value of the House
Price Index for the El Paso 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 Paso 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 Paso, Texas

The appreciation of El Paso 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 Paso Home Prices had a rank of 129, with
appreciation of 0.64%. 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 Paso Home Prices had a rank of 159, with
appreciation during the year of -1.94%. 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 Paso Home Prices
ranked 112, with a total appreciation of -0.1%. 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 Paso Home Prices
had a rank of 43, with appreciation during the decade of 46%. 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 Paso Home Prices
had a rank of 223, with total appreciation over the 20 year period of 77%. 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 Paso Real Estate
Market is available back to the 4th Quarter, of 1982. All calculations are based
on the quarterly value of the House Price Index for El Paso. 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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