| Holland, MI - House Price Index (HPI) - 27 Year Chart |
| Holland Real Estate Market & Home Price Forecast |
| 100 |
| 1000 |
The House Price Index (HPI) shows changes in Holland-Grand Haven, MI 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.
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.
| Holland Real Estate Index: 27 Year Chart Home Values Appreciation Rate - US Cities |
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Holland 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 13260
4th Quarter, 2012 Housing Statistics: Holland, Michigan
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
Forecast Accuracy: 90%
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 Holland housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Holland is 90%. In other words, when tested against historical data,
the forecasting methodology was correct 90% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Holland is 90% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 4th Quarter of 2013 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Holland Real
Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 91%
The forecast for the trend in the Holland housing market for the 3 years ending
with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast for
Holland 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 rising house prices in
Holland is 91% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 4th Quarter of 2015 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Holland Real
Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Holland, Michigan
Historical Home Price Appreciation
Last Quarter 1.13%
Last Year . . . . . . . . . . . . . . . . . . . . 1.5%
Last 5 Years -11%
Last 10 Years . . . . . . . . . . . . . . . . . -4%
Last 20 Years 61%
Decline From All Time High 14.95%
Annual Home Price Appreciation Rates
1983 4.66%
1984 5.02%
1985 5.62%
1986 3.86%
1987 6.81%
1988 9.71%
1989 5.30%
1990 3.97%
1991 3.25%
1992 1.96%
1993 2.33%
1994 10.03%
1995 5.07%
1996 7.18%
1997 4.91%
1998 3.66%
1999 7.26%
2000 5.06%
2001 4.69%
2002 3.53%
2003 4.03%
2004 4.28%
2005 2.13%
2006 -1.02%
2007 -1.57%
2008 -5.98%
2009 -4.13%
2010 -1.64%
2011 -1.66%
2012 1.53%
Real Estate Appreciation, Rank & Percentile
Last Quarter 1.13% Rank: 105 of 381 (72nd Percentile)
Last Year . . . . . . . . . . . . . . . . 1.5% Rank: 107 of 381 (72nd Percentile)
Last 5 Years -11% Rank: 214 of 381 (43rd Percentile)
Last 10 Years . . . . . . . . . . . . -4% Rank: 345 of 381 (9th Percentile)
Last 20 Years 61% Rank: 271 of 368 (26th Percentile)
Decline From All Time High 14.95%
Home Price appreciation rates for Holland-Grand Haven, MI are shown above
for five time periods. For example: Holland appreciated 1.13% in the Last
Quarter. At that rate, the Holland Real Estate Market was ranked 105th out of
381 metropolitan areas for Real Estate Appreciation. Holland was in the 72nd
percentile. So Holland, MI performed better in the Last Quarter than 72% of the
381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Holland, Michigan
The data and analysis on this page pertains to Holland-Grand Haven, MI,
hereinafter referred to as "Holland". The all time high in the Holland Home Price
Index was 166.5 in the 3rd Quarter, of 2005. The 4th Quarter, 2012 index value
was 141.6. That's a decline of 24.90 points or 14.95% below the Holland Home
Price Index all time high. The Home Price Index indicates that the Holland
Market is down 4% over the last 10 years. Home prices in the Holland Real
Estate Market have gained 1.53% over the last 12 months. Over the last thirty
years, it is up 162%.
The 4th Quarter index value was 1.58 points higher than the 3rd Quarter, 2012
index value of 140.05, resulting in a 1.13% rise in the 4th Quarter for the
Holland Market.
The Holland Home Price Index has increased for the last 2 consecutive
quarters. 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 Holland Real Estate Market
was 11% in the twelve months ended with the 3rd Quarter of 1983. The worst
annual home appreciation rate in the Holland Market was -8% in the twelve
months ended with the 4th Quarter of 1982.
The highest home appreciation in the Holland Real Estate Market over a three
year period was 25% in the three years ended with the 1st Quarter of 1990.
The worst home appreciation over a three year period in the Holland Market
was -14% in the three years ended with the 1st Quarter of 2011.
This page provides a long term graph of the Holland Home Price Index (above).
For information about Michigan home values, look at the links under that chart.
One link opens a forecast for home appreciation rates in the state of Michigan.
Another link opens the home price index chart for Michigan. 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 Holland Home
Prices will be at your fingertips when you need them.
Historical data on the Holland Home Price Index is available back to the 2nd
Quarter, of 1981. All calculations are based on the quarterly value of the House
Price Index for the Holland 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 Holland 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: Holland, Michigan
The appreciation of Holland 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 Holland-Grand Haven, MI, hereinafter referred to as "Holland".
Last Quarter:
During the 4th Quarter of 2012, Holland Home Prices had a rank of 105, with
appreciation of 1.13%. 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, Holland Home Prices had a rank of 107, with
appreciation during the year of 1.53%. The top performing market during the
last year was Bismarck, ND, with appreciation of 13.4%. The worst real estate
market during that period was Gainesville, FL, with appreciation of -6.8%.
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, Holland Home Prices
ranked 214, with a total appreciation of -11.5%. 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, Holland Home Prices
had a rank of 345, with appreciation during the decade of -4%. 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, Holland Home Prices
had a rank of 271, with total appreciation over the 20 year period of 61%. 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 Holland Real Estate
Market is available back to the 2nd Quarter, of 1981. All calculations are based
on the quarterly value of the House Price Index for Holland. 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
4th Quarter, 2012 Housing Statistics: Holland, Michigan
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
Forecast Accuracy: 90%
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 Holland housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Holland is 90%. In other words, when tested against historical data,
the forecasting methodology was correct 90% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Holland is 90% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 4th Quarter of 2013 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Holland Real
Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 91%
The forecast for the trend in the Holland housing market for the 3 years ending
with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast for
Holland 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 rising house prices in
Holland is 91% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 4th Quarter of 2015 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Holland Real
Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Holland, Michigan
Historical Home Price Appreciation
Last Quarter 1.13%
Last Year . . . . . . . . . . . . . . . . . . . . 1.5%
Last 5 Years -11%
Last 10 Years . . . . . . . . . . . . . . . . . -4%
Last 20 Years 61%
Decline From All Time High 14.95%
Annual Home Price Appreciation Rates
1983 4.66%
1984 5.02%
1985 5.62%
1986 3.86%
1987 6.81%
1988 9.71%
1989 5.30%
1990 3.97%
1991 3.25%
1992 1.96%
1993 2.33%
1994 10.03%
1995 5.07%
1996 7.18%
1997 4.91%
1998 3.66%
1999 7.26%
2000 5.06%
2001 4.69%
2002 3.53%
2003 4.03%
2004 4.28%
2005 2.13%
2006 -1.02%
2007 -1.57%
2008 -5.98%
2009 -4.13%
2010 -1.64%
2011 -1.66%
2012 1.53%
Real Estate Appreciation, Rank & Percentile
Last Quarter 1.13% Rank: 105 of 381 (72nd Percentile)
Last Year . . . . . . . . . . . . . . . . 1.5% Rank: 107 of 381 (72nd Percentile)
Last 5 Years -11% Rank: 214 of 381 (43rd Percentile)
Last 10 Years . . . . . . . . . . . . -4% Rank: 345 of 381 (9th Percentile)
Last 20 Years 61% Rank: 271 of 368 (26th Percentile)
Decline From All Time High 14.95%
Home Price appreciation rates for Holland-Grand Haven, MI are shown above
for five time periods. For example: Holland appreciated 1.13% in the Last
Quarter. At that rate, the Holland Real Estate Market was ranked 105th out of
381 metropolitan areas for Real Estate Appreciation. Holland was in the 72nd
percentile. So Holland, MI performed better in the Last Quarter than 72% of the
381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Holland, Michigan
The data and analysis on this page pertains to Holland-Grand Haven, MI,
hereinafter referred to as "Holland". The all time high in the Holland Home Price
Index was 166.5 in the 3rd Quarter, of 2005. The 4th Quarter, 2012 index value
was 141.6. That's a decline of 24.90 points or 14.95% below the Holland Home
Price Index all time high. The Home Price Index indicates that the Holland
Market is down 4% over the last 10 years. Home prices in the Holland Real
Estate Market have gained 1.53% over the last 12 months. Over the last thirty
years, it is up 162%.
The 4th Quarter index value was 1.58 points higher than the 3rd Quarter, 2012
index value of 140.05, resulting in a 1.13% rise in the 4th Quarter for the
Holland Market.
The Holland Home Price Index has increased for the last 2 consecutive
quarters. 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 Holland Real Estate Market
was 11% in the twelve months ended with the 3rd Quarter of 1983. The worst
annual home appreciation rate in the Holland Market was -8% in the twelve
months ended with the 4th Quarter of 1982.
The highest home appreciation in the Holland Real Estate Market over a three
year period was 25% in the three years ended with the 1st Quarter of 1990.
The worst home appreciation over a three year period in the Holland Market
was -14% in the three years ended with the 1st Quarter of 2011.
This page provides a long term graph of the Holland Home Price Index (above).
For information about Michigan home values, look at the links under that chart.
One link opens a forecast for home appreciation rates in the state of Michigan.
Another link opens the home price index chart for Michigan. 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 Holland Home
Prices will be at your fingertips when you need them.
Historical data on the Holland Home Price Index is available back to the 2nd
Quarter, of 1981. All calculations are based on the quarterly value of the House
Price Index for the Holland 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 Holland 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: Holland, Michigan
The appreciation of Holland 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 Holland-Grand Haven, MI, hereinafter referred to as "Holland".
Last Quarter:
During the 4th Quarter of 2012, Holland Home Prices had a rank of 105, with
appreciation of 1.13%. 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, Holland Home Prices had a rank of 107, with
appreciation during the year of 1.53%. The top performing market during the
last year was Bismarck, ND, with appreciation of 13.4%. The worst real estate
market during that period was Gainesville, FL, with appreciation of -6.8%.
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, Holland Home Prices
ranked 214, with a total appreciation of -11.5%. 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, Holland Home Prices
had a rank of 345, with appreciation during the decade of -4%. 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, Holland Home Prices
had a rank of 271, with total appreciation over the 20 year period of 61%. 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 Holland Real Estate
Market is available back to the 2nd Quarter, of 1981. All calculations are based
on the quarterly value of the House Price Index for Holland. 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
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