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Hartford, CT - House Price Index (HPI) - 30 Year Chart
Hartford Real Estate Market
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The House Price Index (HPI) shows changes in Hartford-West Hartford-East Hartford, CT single family
home prices in logarithmic scale. The March, 1995 index value equals 100. Updated Thursday, March
29, 2012. Real estate forecasts, analysis, statistics and appreciation rates are provided below.
Hartford Real Estate Index: 30 Year Chart
Home Values Appreciation Rate - US Cities
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Hartford Real Estate Market: Trend, Analysis & Statistics
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Commentary  10208
4th Quarter, 2011 Housing Statistics: Hartford, Connecticut


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
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 Hartford housing market for the 12
months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for Hartford 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 Hartford is 82% 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
Hartford Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      80%

The forecast for the trend in the Hartford housing market for the 3 years ending
with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend Forecast for
Hartford 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
Hartford is 80% 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 Hartford Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Hartford, Connecticut


Historical Home Price Appreciation
Last Quarter                                     0.88%
Last Year . . . . . . . . . . . . . . . . . . . .  -2.7%
Last 5 Years                                     -9%
Last 10 Years . . . . . . . . . . . . . . . . . 35%
Last 20 Years                                   58%
Decline From All Time High               10.26%


Annual Home Price Appreciation Rates
1982      2.64%
1983      9.38%
1984      9.62%
1985      15.25%
1986      21.69%
1987      29.46%
1988      4.95%
1989      -0.86%
1990      -8.15%
1991      -2.32%
1992      -2.41%
1993      -1.65%
1994      -6.46%
1995      1.50%
1996      -1.19%
1997      2.44%
1998      4.90%
1999      5.02%
2000      6.98%
2001      8.28%
2002      9.05%
2003      8.16%
2004      11.68%
2005      9.36%
2006      2.58%
2007      0.23%
2008      -4.06%
2009      -2.45%
2010      -0.25%
2011      -2.66%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.88%         Rank: 100 of 381 (73rd Percentile)
Last Year  . . . . . . . . . . . . . . . .  -2.7%          Rank: 195 of 381 (48th Percentile)
Last 5 Years                              -9%             Rank: 214 of 381 (43rd Percentile)
Last 10 Years  . . . . . . . . . . . .   35%            Rank: 107 of 381 (72nd Percentile)
Last 20 Years                            58%            Rank: 289 of 355 (18th Percentile)
Decline From All Time High        10.26%

Home Price appreciation rates for Hartford-West Hartford-East Hartford, CT are
shown above for five time periods. For example: Hartford appreciated 0.88% in
the Last Quarter. At that rate, the Hartford Real Estate Market was ranked
100th out of 381 metropolitan areas for Real Estate Appreciation. Hartford was
in the 73rd percentile. So Hartford, CT performed better in the Last Quarter
than 73% of the 381 metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Hartford, Connecticut

The data and analysis on this page pertains to Hartford-West Hartford-East
Hartford, CT, hereinafter referred to as "Hartford". The all time high in the
Hartford Home Price Index was 198.1 in the 1st Quarter, of 2007. The 4th
Quarter, 2011 index value was 177.8. That's a decline of 20.33 points or
10.26% below the Hartford Home Price Index all time high.  The Home Price
Index indicates that the Hartford Market is up 35% over the last 10 years. Home
Prices in the Hartford Real Estate Market have lost 2.66% over the last 12
months. Over the last thirty years, it is up 230%.

The 4th Quarter index value was 1.55 points higher than the 3rd Quarter, 2011
index value of 176.25, resulting in a 0.88% rise in the 4th Quarter for the
Hartford Market.

The Hartford Home Price Index has increased for the last 2 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 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 Hartford Real Estate Market
was 39% in the twelve months ended with the 1st Quarter of 1979. The worst
annual home appreciation rate in the Hartford Market was -8% in the twelve
months ended with the 4th Quarter of 1990.

The highest home appreciation in the Hartford Real Estate Market over a three
year period was 82% in the three years ended with the 4th Quarter of 1987.
The worst home appreciation over a three year period in the Hartford Market
was -12% in the three years ended with the 4th Quarter of 1992.

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

Historical data on the Hartford Home Price Index is available back to the 2nd
Quarter, of 1978. All calculations are based on the quarterly value of the House
Price Index for the Hartford 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 Hartford 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: Hartford, Connecticut

The appreciation of Hartford 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 Hartford-West Hartford-East Hartford, CT, hereinafter referred to as
"Hartford".

Last Quarter:
During the 4th Quarter of 2011, Hartford Home Prices had a rank of 100, with
appreciation of 0.88%. 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, Hartford Home Prices had a rank of 195, with
appreciation during the year of -2.66%. 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, Hartford Home Prices
ranked 214, with a total appreciation of -8.9%. 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, Hartford Home Prices
had a rank of 107, with appreciation during the decade of 35%. 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, Hartford Home Prices
had a rank of 289, with total appreciation over the 20 year period of 58%. 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 Hartford Real Estate
Market is available back to the 2nd Quarter, of 1978. All calculations are based
on the quarterly value of the House Price Index for Hartford. 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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