__________________________________________
|
Hinesville, GA - House Price Index (HPI) - 7 Year Chart
|
Hinesville Real Estate Market
|
The House Price Index (HPI) shows changes in Hinesville-Fort Stewart, GA 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.
Hinesville 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 10211
4th Quarter, 2011 Housing Statistics: Hinesville, Georgia
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
Forecast Accuracy: 76%
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 Hinesville housing market for the 12
months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for Hinesville is 76%. In other words, when tested against
historical data, the forecasting methodology was correct 76% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Hinesville is 76% 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
Hinesville Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 77%
The forecast for the trend in the Hinesville housing market for the 3 years
ending with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for Hinesville is 77%. In other words, when tested against historical
data, the forecasting methodology was correct 77% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Hinesville is 77% 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 Hinesville
Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Hinesville, Georgia
Historical Home Price Appreciation
Last Quarter 1.42%
Last Year . . . . . . . . . . . . . . . . . . . . -6.0%
Last 5 Years -8%
Last 10 Years . . . . . . . . . . . . . . . . . 33%
Last 20 Years
Decline From All Time High 18.03%
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 n/a
1995 n/a
1996 n/a
1997 n/a
1998 n/a
1999 n/a
2000 n/a
2001 -0.70%
2002 4.22%
2003 3.05%
2004 8.62%
2005 14.80%
2006 7.53%
2007 4.24%
2008 0.19%
2009 -0.78%
2010 -5.44%
2011 -6.01%
Real Estate Appreciation, Rank & Percentile
Last Quarter 1.42% Rank: 60 of 381 (84th Percentile)
Last Year . . . . . . . . . . . . . . . . -6.0% Rank: 326 of 381 (14th Percentile)
Last 5 Years -8% Rank: 205 of 381 (46th Percentile)
Last 10 Years . . . . . . . . . . . . 33% Rank: 128 of 381 (66th Percentile)
Decline From All Time High 18.03%
Home Price appreciation rates for Hinesville-Fort Stewart, GA are shown above
for five time periods. For example: Hinesville appreciated 1.42% in the Last
Quarter. At that rate, the Hinesville Real Estate Market was ranked 60th out of
381 metropolitan areas for Real Estate Appreciation. Hinesville was in the 84th
percentile. So Hinesville, GA performed better in the Last Quarter than 84% of
the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Hinesville, Georgia
The data and analysis on this page pertains to Hinesville-Fort Stewart, GA,
hereinafter referred to as "Hinesville". The all time high in the Hinesville Home
Price Index was 187.2 in the 2nd Quarter, of 2008. The 4th Quarter, 2011 index
value was 153.5. That's a decline of 33.75 points or 18.03% below the
Hinesville Home Price Index all time high. The Home Price Index indicates that
the Hinesville Market is up 33% over the last 10 years. Home Prices in the
Hinesville Real Estate Market have lost 6.01% over the last 12 months.
The 4th Quarter index value was 2.15 points higher than the 3rd Quarter, 2011
index value of 151.31, resulting in a 1.42% rise in the 4th Quarter for the
Hinesville Market.
The Hinesville Home Price Index increased in the last quarter after falling in the
previous quarter. 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 Hinesville Real Estate Market
was 17% in the twelve months ended with the 3rd Quarter of 2004. The worst
annual home appreciation rate in the Hinesville Market was -11% in the twelve
months ended with the 3rd Quarter of 2010.
The highest home appreciation in the Hinesville Real Estate Market over a
three year period was 41% in the three years ended with the 1st Quarter of
2007. The worst home appreciation over a three year period in the Hinesville
Market was -16% in the three years ended with the 2nd Quarter of 2011.
This page provides a long term graph of the Hinesville Home Price Index
(above). The house price chart has been updated through the 4th Quarter of
2011. For more information about Hinesville Home Prices, look at the links
under that chart. One link opens a long term chart of historical appreciation
rates for the Hinesville 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 Hinesville Home
Prices will be at your fingertips when you need them.
Historical data on the Hinesville Home Price Index is available back to the 1st
Quarter, of 2001. All calculations are based on the quarterly value of the House
Price Index for the Hinesville 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 Hinesville 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: Hinesville, Georgia
The appreciation of Hinesville 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 Hinesville-Fort Stewart, GA, hereinafter referred to as "Hinesville".
Last Quarter:
During the 4th Quarter of 2011, Hinesville Home Prices had a rank of 60, with
appreciation of 1.42%. 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, Hinesville Home Prices had a rank of 326, with
appreciation during the year of -6.01%. 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, Hinesville Home Prices
ranked 205, with a total appreciation of -7.9%. 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, Hinesville Home Prices
had a rank of 128, with appreciation during the decade of 33%. 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 Hinesville Real Estate
Market is available back to the 1st Quarter, of 2001. All calculations are based
on the quarterly value of the House Price Index for Hinesville. 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.)
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
SignalTrend Inc. 2008 - 2012, All Rights Reserved