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Gadsden, AL - House Price Index (HPI) - 14 Year Chart
Gadsden Real Estate Market
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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, April 20, 2012. Real
estate forecasts, analysis, statistics and appreciation rates are provided below.
Gadsden Real Estate Index: 14 Year Chart
Home Values Appreciation Rate - US Cities
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Gadsden Real Estate Market: Trend, Analysis & Statistics
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Commentary  10188
4th Quarter, 2011 Housing Statistics: Gadsden, Alabama


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      82%

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 2012 is UP. The Accuracy of the Trend
Forecast for Gadsden is 82%. In other words, when tested against historical
data, the forecasting methodology was correct 82% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Gadsden is 82% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 4th Quarter of 2012 than they were in the 4th
Quarter of 2011. Check this page each quarter for updates to the Gadsden
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      84%

The forecast for the trend in the Gadsden housing market for the 3 years
ending with the 4th Quarter of 2014 is UP. The Accuracy of the Trend Forecast
for Gadsden is 84%. In other words, when tested against historical data, the
forecasting methodology was correct 84% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Gadsden is 84% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 4th Quarter of 2014 than they were in the 4th
Quarter of 2011. Check this page each quarter for updates to the Gadsden
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Gadsden, Alabama


Historical Home Price Appreciation
Last Quarter                                     -1.19%
Last Year . . . . . . . . . . . . . . . . . . . .  0.6%
Last 5 Years                                     1%
Last 10 Years . . . . . . . . . . . . . . . . . 29%
Last 20 Years                                   
Decline From All Time High               3.76%


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        n/a
1991        n/a
1992        n/a
1993        n/a
1994      7.73%
1995      6.12%
1996      3.68%
1997      8.62%
1998      6.11%
1999      -0.63%
2000      3.64%
2001      6.23%
2002      4.48%
2003      4.52%
2004      4.18%
2005      6.49%
2006      5.02%
2007      3.43%
2008      1.82%
2009      -2.14%
2010      -2.24%
2011      0.59%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -1.19%        Rank: 341 of 381 (10th Percentile)
Last Year  . . . . . . . . . . . . . . . .  0.6%           Rank: 32 of 381 (91st Percentile)
Last 5 Years                              1%              Rank: 97 of 381 (74th Percentile)
Last 10 Years  . . . . . . . . . . . .   29%            Rank: 159 of 381 (58th Percentile)

Decline From All Time High        3.76%

Home Price appreciation rates for Gadsden, AL are shown above for five time
periods. For example: Gadsden appreciated -1.19% in the Last Quarter. At that
rate, the Gadsden Real Estate Market was ranked 341st out of 381
metropolitan areas for Real Estate Appreciation. Gadsden was in the 10th
percentile. So Gadsden, AL performed better in the Last Quarter than 10% of
the 381 metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Gadsden, Alabama

The all time high in the Gadsden Home Price Index was 186.6 in the 4th
Quarter, of 2008. The 4th Quarter, 2011 index value was 179.6. That's a
decline of 7.02 points or 3.76% below the Gadsden Home Price Index all time
high.  The Home Price Index indicates that the Gadsden Market is up 29% over
the last 10 years. Home prices in the Gadsden Real Estate Market have gained
0.59% over the last 12 months.

The 4th Quarter index value was 2.16 points lower than the 3rd Quarter, 2011
index value of 181.71, resulting in a 1.19% decline for the 4th Quarter in the
Gadsden Market.

The Gadsden 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 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 -5% 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 -4% 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). The house price chart has been updated through the 4th Quarter of
2011. For more information about Gadsden Home Prices, look at the links
under that chart. One link opens a long term chart of historical appreciation
rates for the Gadsden Real Estate Market. Another opens a forecast for
appreciation rates in the state of 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, 2011 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 2011, Gadsden Home Prices had a rank of 341, with
appreciation of -1.19%. 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, Gadsden Home Prices had a rank of 32, with
appreciation during the year of 0.59%. 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, Gadsden Home Prices
ranked 97, with a total appreciation of 1.3%. 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, Gadsden Home Prices
had a rank of 159, with appreciation during the decade of 29%. 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:
Twenty year data is not available
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 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.)




























































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