| Gadsden, AL - House Price Index (HPI) - 14 Year Chart |
| Gadsden Real Estate Market & Home Price Forecast |
| 100 |
| 1000 |
The House Price Index (HPI) shows changes in Gadsden, AL single family home prices in
logarithmic scale. The March, 1995 index value equals 100. Updated Friday, December 28, 2012.
See Real estate forecasts, analysis, statistics and appreciation rates below.
logarithmic scale. The March, 1995 index value equals 100. Updated Friday, December 28, 2012.
See Real estate forecasts, analysis, statistics and appreciation rates below.
| Gadsden Real Estate Index: 14 Year Chart Home Values Appreciation Rate - US Cities |
| 10 |
Gadsden Real Estate Market: Trend, Analysis & Statistics
1/75 1/1980 1/1985 1/1990 1/1995 1/2000 1/2005 1/2010 1/15
Commentary 13236
4th Quarter, 2012 Housing Statistics: Gadsden, Alabama
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
Forecast Accuracy: 80%
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 Gadsden housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Gadsden is 80%. In other words, when tested against
historical data, the forecasting methodology was correct 80% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Gadsden is 80% during this period. If this Housing Market Forecast is
correct, home prices will be lower in the 4th Quarter of 2013 than they were in
the 4th Quarter of 2012. Check this page each quarter for updates to the
Gadsden Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 79%
The forecast for the trend in the Gadsden housing market for the 3 years
ending with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend
Forecast for Gadsden 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
Gadsden is 79% during this period. If this Housing Market Forecast is correct,
home values will be lower in the 4th Quarter of 2015 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Gadsden
Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Gadsden, Alabama
Historical Home Price Appreciation
Last Quarter -1.85%
Last Year . . . . . . . . . . . . . . . . . . . . -0.7%
Last 5 Years -3%
Last 10 Years . . . . . . . . . . . . . . . . . 22%
Last 20 Years
Decline From All Time High 4.38%
Annual Home Price Appreciation Rates
1983 n/a
1984 n/a
1985 n/a
1986 n/a
1987 n/a
1988 n/a
1989 n/a
1990 n/a
1991 n/a
1992 n/a
1993 n/a
1994 7.46%
1995 6.38%
1996 3.46%
1997 8.75%
1998 6.35%
1999 -0.62%
2000 3.45%
2001 6.06%
2002 4.46%
2003 4.84%
2004 4.26%
2005 6.86%
2006 4.38%
2007 3.04%
2008 1.39%
2009 -2.80%
2010 -1.13%
2011 0.23%
2012 -0.73%
Real Estate Appreciation, Rank & Percentile
Last Quarter -1.85% Rank: 365 of 381 (4th Percentile)
Last Year . . . . . . . . . . . . . . . . -0.7% Rank: 249 of 381 (34th Percentile)
Last 5 Years -3% Rank: 118 of 381 (69th Percentile)
Last 10 Years . . . . . . . . . . . . 22% Rank: 152 of 381 (60th Percentile)
Decline From All Time High 4.38%
Home Price appreciation rates for Gadsden, AL are shown above for five time
periods. For example: Gadsden appreciated -1.85% in the Last Quarter. At that
rate, the Gadsden Real Estate Market was ranked 365th out of 381
metropolitan areas for Real Estate Appreciation. Gadsden was in the 4th
percentile. So Gadsden, AL performed better in the Last Quarter than 4% of
the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Gadsden, Alabama
The all time high in the Gadsden Home Price Index was 184.3 in the 4th
Quarter, of 2008. The 4th Quarter, 2012 index value was 176.3. That's a
decline of 8.07 points or 4.38% below the Gadsden Home Price Index all time
high. The Home Price Index indicates that the Gadsden Market is up 22% over
the last 10 years. Home Prices in the Gadsden Real Estate Market have lost
0.73% over the last 12 months.
The 4th Quarter index value was 3.32 points lower than the 3rd Quarter, 2012
index value of 179.59, resulting in a 1.85% decline for the 4th Quarter in the
Gadsden Market.
The Gadsden 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 Tallahassee, FL, with declines in the last 5 consecutive
quarters. The current record holder for consecutive increases in the Home
Price Index is Bismarck, ND, with increases in the last 11 consecutive quarters.
The highest annual home appreciation rate in the Gadsden Real Estate Market
was 11% in the twelve months ended with the 1st Quarter of 1996. The worst
annual home appreciation rate in the Gadsden Market was -4% in the twelve
months ended with the 1st Quarter of 2010.
The highest home appreciation in the Gadsden Real Estate Market over a three
year period was 22% in the three years ended with the 1st Quarter of 1998.
The worst home appreciation over a three year period in the Gadsden Market
was -6% in the three years ended with the 1st Quarter of 2011.
This page provides a long term graph of the Gadsden Home Price Index
(above). For information about Alabama home values, look at the links under
that chart. One link opens a forecast for home appreciation rates in the state of
Alabama. Another link opens the home price index chart for Alabama. 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
Gadsden Home Prices will be at your fingertips when you need them.
Historical data on the Gadsden Home Price Index is available back to the 3rd
Quarter, of 1994. All calculations are based on the quarterly value of the House
Price Index for the Gadsden 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 Gadsden 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, 2012 Housing Data: Gadsden, Alabama
The appreciation of Gadsden 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 2012, Gadsden Home Prices had a rank of 365, with
appreciation of -1.85%. The top performing real estate market during the 4th
Quarter was Bismarck, ND, with appreciation of 4.55%. The worst market during
that period was Hattiesburg, MS, with appreciation of -4.02%.
The median appreciation for all cities during the 4th Quarter was 0.47%. The
average appreciation for all markets during the quarter was 0.54%.
Last Year:
During the last 12 months, Gadsden Home Prices had a rank of 249, with
appreciation during the year of -0.73%. The top performing market during the
last year was Bismarck, ND, with appreciation of 13.4%. The worst real estate
market during that period was Gainesville, FL, with appreciation of -6.8%.
The median appreciation for all markets during this period was 0.27%. The
average appreciation was 0.31%.
Last 5 Years:
Over the 5 years ended with the 4th Quarter of 2012, Gadsden Home Prices
ranked 118, with a total appreciation of -3.0%. The top performing real estate
market during the 5 year period was Bismarck, ND, with appreciation of 24%.
The worst market during that period was Las Vegas, NV, with appreciation of
-54%.
The median appreciation for all cities during this time period was -9%. The
average appreciation over the 5 years was -12%.
Last 10 Years:
During the 10 years ended in the 4th Quarter of 2012, Gadsden Home Prices
had a rank of 152, with appreciation during the decade of 22%. The top
performing market during the period was Midland, TX, with appreciation of
104%. The worst real estate market during the 10 year time period was Detroit,
MI, with appreciation of -31%.
The median appreciation for all markets during the last 10 years was 18%. The
average appreciation for the cities over that time frame was 18%.
Last 20 Years:
Twenty year data is not available
The median appreciation for all cities during the last 20 years was 78%. The
average appreciation for the markets over that time frame was 80%.
Historical research data on the Home Price Index for the Gadsden Real Estate
Market is available back to the 3rd Quarter, of 1994. All calculations are based
on the quarterly value of the House Price Index for Gadsden. 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.)
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
SignalTrend Inc. 2008 - 2012, All Rights Reserved
4th Quarter, 2012 Housing Statistics: Gadsden, Alabama
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
Forecast Accuracy: 80%
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 Gadsden housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Gadsden is 80%. In other words, when tested against
historical data, the forecasting methodology was correct 80% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Gadsden is 80% during this period. If this Housing Market Forecast is
correct, home prices will be lower in the 4th Quarter of 2013 than they were in
the 4th Quarter of 2012. Check this page each quarter for updates to the
Gadsden Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 79%
The forecast for the trend in the Gadsden housing market for the 3 years
ending with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend
Forecast for Gadsden 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
Gadsden is 79% during this period. If this Housing Market Forecast is correct,
home values will be lower in the 4th Quarter of 2015 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Gadsden
Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Gadsden, Alabama
Historical Home Price Appreciation
Last Quarter -1.85%
Last Year . . . . . . . . . . . . . . . . . . . . -0.7%
Last 5 Years -3%
Last 10 Years . . . . . . . . . . . . . . . . . 22%
Last 20 Years
Decline From All Time High 4.38%
Annual Home Price Appreciation Rates
1983 n/a
1984 n/a
1985 n/a
1986 n/a
1987 n/a
1988 n/a
1989 n/a
1990 n/a
1991 n/a
1992 n/a
1993 n/a
1994 7.46%
1995 6.38%
1996 3.46%
1997 8.75%
1998 6.35%
1999 -0.62%
2000 3.45%
2001 6.06%
2002 4.46%
2003 4.84%
2004 4.26%
2005 6.86%
2006 4.38%
2007 3.04%
2008 1.39%
2009 -2.80%
2010 -1.13%
2011 0.23%
2012 -0.73%
Real Estate Appreciation, Rank & Percentile
Last Quarter -1.85% Rank: 365 of 381 (4th Percentile)
Last Year . . . . . . . . . . . . . . . . -0.7% Rank: 249 of 381 (34th Percentile)
Last 5 Years -3% Rank: 118 of 381 (69th Percentile)
Last 10 Years . . . . . . . . . . . . 22% Rank: 152 of 381 (60th Percentile)
Decline From All Time High 4.38%
Home Price appreciation rates for Gadsden, AL are shown above for five time
periods. For example: Gadsden appreciated -1.85% in the Last Quarter. At that
rate, the Gadsden Real Estate Market was ranked 365th out of 381
metropolitan areas for Real Estate Appreciation. Gadsden was in the 4th
percentile. So Gadsden, AL performed better in the Last Quarter than 4% of
the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Gadsden, Alabama
The all time high in the Gadsden Home Price Index was 184.3 in the 4th
Quarter, of 2008. The 4th Quarter, 2012 index value was 176.3. That's a
decline of 8.07 points or 4.38% below the Gadsden Home Price Index all time
high. The Home Price Index indicates that the Gadsden Market is up 22% over
the last 10 years. Home Prices in the Gadsden Real Estate Market have lost
0.73% over the last 12 months.
The 4th Quarter index value was 3.32 points lower than the 3rd Quarter, 2012
index value of 179.59, resulting in a 1.85% decline for the 4th Quarter in the
Gadsden Market.
The Gadsden 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 Tallahassee, FL, with declines in the last 5 consecutive
quarters. The current record holder for consecutive increases in the Home
Price Index is Bismarck, ND, with increases in the last 11 consecutive quarters.
The highest annual home appreciation rate in the Gadsden Real Estate Market
was 11% in the twelve months ended with the 1st Quarter of 1996. The worst
annual home appreciation rate in the Gadsden Market was -4% in the twelve
months ended with the 1st Quarter of 2010.
The highest home appreciation in the Gadsden Real Estate Market over a three
year period was 22% in the three years ended with the 1st Quarter of 1998.
The worst home appreciation over a three year period in the Gadsden Market
was -6% in the three years ended with the 1st Quarter of 2011.
This page provides a long term graph of the Gadsden Home Price Index
(above). For information about Alabama home values, look at the links under
that chart. One link opens a forecast for home appreciation rates in the state of
Alabama. Another link opens the home price index chart for Alabama. 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
Gadsden Home Prices will be at your fingertips when you need them.
Historical data on the Gadsden Home Price Index is available back to the 3rd
Quarter, of 1994. All calculations are based on the quarterly value of the House
Price Index for the Gadsden 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 Gadsden 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, 2012 Housing Data: Gadsden, Alabama
The appreciation of Gadsden 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 2012, Gadsden Home Prices had a rank of 365, with
appreciation of -1.85%. The top performing real estate market during the 4th
Quarter was Bismarck, ND, with appreciation of 4.55%. The worst market during
that period was Hattiesburg, MS, with appreciation of -4.02%.
The median appreciation for all cities during the 4th Quarter was 0.47%. The
average appreciation for all markets during the quarter was 0.54%.
Last Year:
During the last 12 months, Gadsden Home Prices had a rank of 249, with
appreciation during the year of -0.73%. The top performing market during the
last year was Bismarck, ND, with appreciation of 13.4%. The worst real estate
market during that period was Gainesville, FL, with appreciation of -6.8%.
The median appreciation for all markets during this period was 0.27%. The
average appreciation was 0.31%.
Last 5 Years:
Over the 5 years ended with the 4th Quarter of 2012, Gadsden Home Prices
ranked 118, with a total appreciation of -3.0%. The top performing real estate
market during the 5 year period was Bismarck, ND, with appreciation of 24%.
The worst market during that period was Las Vegas, NV, with appreciation of
-54%.
The median appreciation for all cities during this time period was -9%. The
average appreciation over the 5 years was -12%.
Last 10 Years:
During the 10 years ended in the 4th Quarter of 2012, Gadsden Home Prices
had a rank of 152, with appreciation during the decade of 22%. The top
performing market during the period was Midland, TX, with appreciation of
104%. The worst real estate market during the 10 year time period was Detroit,
MI, with appreciation of -31%.
The median appreciation for all markets during the last 10 years was 18%. The
average appreciation for the cities over that time frame was 18%.
Last 20 Years:
Twenty year data is not available
The median appreciation for all cities during the last 20 years was 78%. The
average appreciation for the markets over that time frame was 80%.
Historical research data on the Home Price Index for the Gadsden Real Estate
Market is available back to the 3rd Quarter, of 1994. All calculations are based
on the quarterly value of the House Price Index for Gadsden. 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.)
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
SignalTrend Inc. 2008 - 2012, All Rights Reserved
| Forecasts, charts and analysis... |
|