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Gainesville, GA - House Price Index (HPI) - 21 Year Chart
Gainesville Real Estate Market (GA)
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The House Price Index (HPI) shows changes in Gainesville, GA 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.
Gainesville Real Estate Index: 21 Year Chart
Home Values Appreciation Rate - US Cities
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Gainesville Real Estate Market: Trend, Analysis & Statistics
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Commentary  10190
4th Quarter, 2011 Housing Statistics: Gainesville, Georgia


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      87%

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 2012 is DOWN. The Accuracy of the
Trend Forecast for Gainesville is 87%. In other words, when tested against
historical data, the forecasting methodology was correct 87% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Gainesville is 87% 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
Gainesville Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      85%

The forecast for the trend in the Gainesville housing market for the 3 years
ending with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for Gainesville is 85%. In other words, when tested against historical
data, the forecasting methodology was correct 85% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Gainesville is 85% 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 Gainesville
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Gainesville, Georgia


Historical Home Price Appreciation
Last Quarter                                     -2.24%
Last Year . . . . . . . . . . . . . . . . . . . .  -11.4%
Last 5 Years                                     -25%
Last 10 Years . . . . . . . . . . . . . . . . . -4%
Last 20 Years                                   66%
Decline From All Time High               27.44%


Annual Home Price Appreciation Rates
1982        n/a
1983        n/a
1984        n/a
1985        n/a
1986        n/a
1987        n/a
1988      9.83%
1989      -0.65%
1990      0.54%
1991      -1.18%
1992      6.84%
1993      2.90%
1994      3.81%
1995      7.39%
1996      3.76%
1997      6.31%
1998      6.27%
1999      5.97%
2000      6.86%
2001      6.33%
2002      4.94%
2003      2.80%
2004      6.78%
2005      6.07%
2006      5.07%
2007      1.97%
2008      -5.87%
2009      -4.06%
2010      -8.49%
2011      -11.42%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -2.24%        Rank: 367 of 381 (3rd Percentile)
Last Year  . . . . . . . . . . . . . . . .  -11.4%        Rank: 378 of 381 (Bottom .70%)
Last 5 Years                              -25%           Rank: 315 of 381 (17th Percentile)
Last 10 Years  . . . . . . . . . . . .   -4%            Rank: 361 of 381 (5th Percentile)
Last 20 Years                            66%            Rank: 272 of 355 (23rd Percentile)
Decline From All Time High        27.44%

Home Price appreciation rates for Gainesville, GA are shown above for five time
periods. For example: Gainesville appreciated -2.24% in the Last Quarter. At
that rate, the Gainesville Real Estate Market was ranked 367th out of 381
metropolitan areas for Real Estate Appreciation. Gainesville was in the 3rd
percentile. So Gainesville, GA performed better in the Last Quarter than 3% of
the 381 metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Gainesville, Georgia

The all time high in the Gainesville Home Price Index was 198.8 in the 1st
Quarter, of 2008. The 4th Quarter, 2011 index value was 144.3. That's a
decline of 54.56 points or 27.44% below the Gainesville Home Price Index all
time high.  The Home Price Index indicates that the Gainesville Market is down
4% over the last 10 years. Home Prices in the Gainesville Real Estate Market
have lost 11.42% over the last 12 months.

The 4th Quarter index value was 3.30 points lower than the 3rd Quarter, 2011
index value of 147.56, resulting in a 2.24% decline for the 4th Quarter in the
Gainesville Market.

The Gainesville 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 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 Gainesville Real Estate
Market was 10% in the twelve months ended with the 4th Quarter of 1988. The
worst annual home appreciation rate in the Gainesville Market was -13% 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 22% in the three years ended with the 1st Quarter of
2001. The worst home appreciation over a three year period in the Gainesville
Market was -25% in the three years ended with the 2nd Quarter of 2011.

This page provides a long term graph of the Gainesville Home Price Index
(above). The house price chart has been updated through the 4th Quarter of
2011. For more information about Gainesville Home Prices, look at the links
under that chart. One link opens a long term chart of historical appreciation
rates for the Gainesville Real Estate Market. Another opens a forecast for
appreciation rates in the state of Georgia. 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 1987. 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, 2011 Housing Data: Gainesville, Georgia

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 2011, Gainesville Home Prices had a rank of 367,
with appreciation of -2.24%. 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, Gainesville Home Prices had a rank of 378, with
appreciation during the year of -11.42%. 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, Gainesville Home Prices
ranked 315, with a total appreciation of -25.4%. 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, Gainesville Home Prices
had a rank of 361, 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, Gainesville Home Prices
had a rank of 272, with total appreciation over the 20 year period of 66%. 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 Gainesville Real Estate
Market is available back to the 3rd Quarter, of 1987. 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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