Gainesville, FL - House Price Index (HPI) - 22 Year Chart
Gainesville Real Estate Market & Home Price Forecast (FL)
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The House Price Index (HPI) shows changes in Gainesville, FL 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.
Gainesville Real Estate Index: 22 Year Chart
Home Values Appreciation Rate - US Cities
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Gainesville 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  13237
4th Quarter, 2012 Housing Statistics: Gainesville, Florida


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      83%

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 Gainesville housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for Gainesville is 83%. In other words, when tested against
historical data, the forecasting methodology was correct 83% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Gainesville is 83% 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
Gainesville Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      82%

The forecast for the trend in the Gainesville housing market for the 3 years
ending with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend
Forecast for Gainesville 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 falling house prices in
Gainesville is 82% 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 Gainesville
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Gainesville, Florida


Historical Home Price Appreciation
Last Quarter                                     0.06%
Last Year . . . . . . . . . . . . . . . . . . . .  -6.8%
Last 5 Years                                     -31%
Last 10 Years . . . . . . . . . . . . . . . . . 16%
Last 20 Years                                   78%
Decline From All Time High               32.45%


Annual Home Price Appreciation Rates
1983        n/a
1984        n/a
1985        n/a
1986      4.12%
1987      1.25%
1988      -1.63%
1989      7.87%
1990      -0.30%
1991      2.24%
1992      3.07%
1993      1.03%
1994      4.60%
1995      4.23%
1996      2.00%
1997      4.38%
1998      3.86%
1999      5.20%
2000      1.84%
2001      10.30%
2002      7.07%
2003      10.14%
2004      14.39%
2005      20.69%
2006      10.69%
2007      0.20%
2008      -9.70%
2009      -6.97%
2010      -4.24%
2011      -8.47%
2012      -6.78%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.06%         Rank: 256 of 381 (32nd Percentile)
Last Year  . . . . . . . . . . . . . . . .  -6.8%          Rank: 381 of 381 (Bottom .00%)
Last 5 Years                              -31%           Rank: 337 of 381 (11th Percentile)
Last 10 Years  . . . . . . . . . . . .   16%            Rank: 214 of 381 (43rd Percentile)
Last 20 Years                            78%            Rank: 183 of 368 (50th Percentile)
Decline From All Time High        32.45%

Home Price appreciation rates for Gainesville, FL are shown above for five time
periods. For example: Gainesville appreciated 0.06% in the Last Quarter. At
that rate, the Gainesville Real Estate Market was ranked 256th out of 381
metropolitan areas for Real Estate Appreciation. Gainesville was in the 32nd
percentile. So Gainesville, FL performed better in the Last Quarter than 32% of
the 381 metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Gainesville, Florida

The all time high in the Gainesville Home Price Index was 247.7 in the 3rd
Quarter, of 2007. The 4th Quarter, 2012 index value was 167.3. That's a
decline of 80.39 points or 32.45% below the Gainesville Home Price Index all
time high.  The Home Price Index indicates that the Gainesville Market is up
16% over the last 10 years. Home Prices in the Gainesville Real Estate Market
have lost 6.78% over the last 12 months.

The 4th Quarter index value was 0.10 points higher than the 3rd Quarter, 2012
index value of 167.21, resulting in a 0.06% rise in the 4th Quarter for the
Gainesville Market.

The Gainesville Home Price Index increased in the last quarter after falling in
the previous quarter. The current record holder for consecutive increases in
the Home Price Index is Bismarck, ND, with increases in the last 11 consecutive
quarters. The current record holder for consecutive declines in the Home Price
Index is Tallahassee, FL, with declines in the last 5 consecutive quarters.

The highest annual home appreciation rate in the Gainesville Real Estate
Market was 21% in the twelve months ended with the 4th Quarter of 2005. The
worst annual home appreciation rate in the Gainesville Market was -12% in the
twelve months ended with the 1st Quarter of 2010.

The highest home appreciation in the Gainesville Real Estate Market over a
three year period was 58% in the three years ended with the 2nd Quarter of
2006. The worst home appreciation over a three year period in the Gainesville
Market was -25% in the three years ended with the 1st Quarter of 2012.

This page provides a long term graph of the Gainesville Home Price Index
(above). For information about Florida home values, look at the links under that
chart. One link opens a forecast for home appreciation rates in the state of
Florida. Another link opens the home price index chart for Florida. 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
Gainesville Home Prices will be at your fingertips when you need them.

Historical data on the Gainesville Home Price Index is available back to the 3rd
Quarter, of 1986. All calculations are based on the quarterly value of the House
Price Index for the Gainesville 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 Gainesville 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: Gainesville, Florida

The appreciation of Gainesville 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, Gainesville Home Prices had a rank of 256,
with appreciation of 0.06%. 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, Gainesville Home Prices had the worst performance
in the country, with appreciation during the year of -6.78%. The top performer
during the last year was Bismarck, ND, with appreciation of 13.4%.
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, Gainesville Home Prices
ranked 337, with a total appreciation of -31.4%. 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, Gainesville Home Prices
had a rank of 214, with appreciation during the decade of 16%. 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:
During the 20 years ended in the 4th Quarter of 2012, Gainesville Home Prices
had a rank of 183, with total appreciation over the 20 year period of 78%. The
top performing real estate market during the period was Casper, WY, with
appreciation of 210%. The worst market during the last 20 years was Las
Vegas, NV, with appreciation of 7%.
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 Gainesville Real Estate
Market is available back to the 3rd Quarter, of 1986. All calculations are based
on the quarterly value of the House Price Index for Gainesville. 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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