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Greensboro, NC - House Price Index (HPI) - 29 Year Chart
Greensboro Real Estate Market
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The House Price Index (HPI) shows changes in Greensboro-High Point, NC 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.
Greensboro Real Estate Index: 29 Year Chart
Home Values Appreciation Rate - US Cities
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Greensboro Real Estate Market: Trend, Analysis & Statistics
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Commentary  10200
4th Quarter, 2011 Housing Statistics: Greensboro, North Carolina


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      94%

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 Greensboro housing market for the 12
months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for Greensboro is 94%. In other words, when tested against
historical data, the forecasting methodology was correct 94% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Greensboro is 94% 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
Greensboro Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      91%

The forecast for the trend in the Greensboro housing market for the 3 years
ending with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for Greensboro is 91%. In other words, when tested against historical
data, the forecasting methodology was correct 91% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Greensboro is 91% 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
Greensboro Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Greensboro, North Carolina


Historical Home Price Appreciation
Last Quarter                                     0.50%
Last Year . . . . . . . . . . . . . . . . . . . .  -3.0%
Last 5 Years                                     -4%
Last 10 Years . . . . . . . . . . . . . . . . . 11%
Last 20 Years                                   59%
Decline From All Time High               7.15%


Annual Home Price Appreciation Rates
1982      4.75%
1983      -4.39%
1984      14.71%
1985      6.35%
1986      7.50%
1987      5.75%
1988      3.74%
1989      3.05%
1990      0.52%
1991      2.53%
1992      2.57%
1993      2.77%
1994      3.29%
1995      3.81%
1996      2.89%
1997      6.00%
1998      3.81%
1999      2.75%
2000      4.49%
2001      3.96%
2002      2.85%
2003      2.69%
2004      2.43%
2005      4.12%
2006      2.78%
2007      2.86%
2008      -1.41%
2009      -1.96%
2010      -0.38%
2011      -2.96%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.50%         Rank: 153 of 381 (60th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -3.0%          Rank: 216 of 381 (43rd Percentile)
Last 5 Years                              -4%             Rank: 162 of 381 (57th Percentile)
Last 10 Years  . . . . . . . . . . . .   11%            Rank: 303 of 381 (20th Percentile)
Last 20 Years                            59%            Rank: 287 of 355 (19th Percentile)
Decline From All Time High        7.15%

Home Price appreciation rates for Greensboro-High Point, NC are shown above
for five time periods. For example: Greensboro appreciated 0.50% in the Last
Quarter. At that rate, the Greensboro Real Estate Market was ranked 153rd out
of 381 metropolitan areas for Real Estate Appreciation. Greensboro was in the
60th percentile. So Greensboro, NC performed better in the Last Quarter than
60% of the 381 metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Greensboro, North Carolina

The data and analysis on this page pertains to Greensboro-High Point, NC,
hereinafter referred to as "Greensboro". The all time high in the Greensboro
Home Price Index was 157.0 in the 1st Quarter, of 2009. The 4th Quarter, 2011
index value was 145.8. That's a decline of 11.23 points or 7.15% below the
Greensboro Home Price Index all time high.  The Home Price Index indicates
that the Greensboro Market is up 11% over the last 10 years. Home Prices in
the Greensboro Real Estate Market have lost 2.96% over the last 12 months.
Over the last thirty years, it is up 143%.

The 4th Quarter index value was 0.72 points higher than the 3rd Quarter, 2011
index value of 145.08, resulting in a 0.50% rise in the 4th Quarter for the
Greensboro Market.

The Greensboro Home Price Index increased in the last quarter after falling in
the previous 4 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 3 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 Greensboro Real Estate
Market was 15% in the twelve months ended with the 4th Quarter of 1984. The
worst annual home appreciation rate in the Greensboro Market was -5% in the
twelve months ended with the 1st Quarter of 2010.

The highest home appreciation in the Greensboro Real Estate Market over a
three year period was 31% in the three years ended with the 4th Quarter of
1986. The worst home appreciation over a three year period in the Greensboro
Market was -6% in the three years ended with the 1st Quarter of 2011.

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

Historical data on the Greensboro Home Price Index is available back to the 3rd
Quarter, of 1979. All calculations are based on the quarterly value of the House
Price Index for the Greensboro 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 Greensboro 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: Greensboro, North Carolina

The appreciation of Greensboro 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. The data and analysis on this page pertains
to Greensboro-High Point, NC, hereinafter referred to as "Greensboro".

Last Quarter:
During the 4th Quarter of 2011, Greensboro Home Prices had a rank of 153,
with appreciation of 0.50%. 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, Greensboro Home Prices had a rank of 216, with
appreciation during the year of -2.96%. 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, Greensboro Home Prices
ranked 162, with a total appreciation of -3.9%. 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, Greensboro Home
Prices had a rank of 303, with appreciation during the decade of 11%. 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, Greensboro Home
Prices had a rank of 287, with total appreciation over the 20 year period of
59%. 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 Greensboro Real
Estate Market is available back to the 3rd Quarter, of 1979. All calculations are
based on the quarterly value of the House Price Index for Greensboro. 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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