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Johnson City, TN - House Price Index (HPI) - 16 Year Chart
Johnson City Real Estate Market
100
1000
The House Price Index (HPI) shows changes in Johnson City, TN 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.
Johnson City Real Estate Index: 16 Year Chart
Home Values Appreciation Rate - US Cities
10
Johnson City Real Estate Market: Trend, Analysis & Statistics
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Commentary  10230
4th Quarter, 2011 Housing Statistics: Johnson City, Tennessee


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      86%

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 Johnson City housing market for the
12 months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for Johnson City is 86%. In other words, when tested against
historical data, the forecasting methodology was correct 86% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Johnson City is 86% 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
Johnson City Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      91%

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




Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Johnson City, Tennessee


Historical Home Price Appreciation
Last Quarter                         3.57%
Last Year                              -1.2%
Last 5 Years                         4%
Last 10 Years                       38%
Last 20 Years                       
Decline From All Time High   1.23%


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      7.01%
1994      1.05%
1995      11.47%
1996      2.92%
1997      5.46%
1998      6.13%
1999      -1.52%
2000      5.90%
2001      3.49%
2002      4.66%
2003      3.79%
2004      4.70%
2005      7.49%
2006      8.03%
2007      3.54%
2008      0.97%
2009      0.37%
2010      0.62%
2011      -1.23%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              3.57%         Rank: 7 of 381 (98th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -1.2%          Rank: 119 of 381 (68th Percentile)
Last 5 Years                              4%              Rank: 58 of 381 (85th Percentile)
Last 10 Years  . . . . . . . . . . . .   38%            Rank: 85 of 381 (77th Percentile)

Decline From All Time High        1.23%

Home Price appreciation rates for Johnson City, TN are shown above for five
time periods. For example: Johnson City appreciated 3.57% in the Last Quarter.
At that rate, the Johnson City Real Estate Market was ranked 7th out of 381
metropolitan areas for Real Estate Appreciation. Johnson City was in the 98th
percentile. So Johnson City, TN performed better in the Last Quarter than 98%
of the 381 metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Johnson City, Tennessee

The all time high in the Johnson City Home Price Index was 178.4 in the 4th
Quarter, of 2010. The 4th Quarter, 2011 index value was 176.3. That's a
decline of 2.19 points or 1.23% below the Johnson City Home Price Index all
time high.  The Home Price Index indicates that the Johnson City Market is up
38% over the last 10 years. Home Prices in the Johnson City Real Estate
Market have lost 1.23% over the last 12 months.

The 4th Quarter index value was 6.07 points higher than the 3rd Quarter, 2011
index value of 170.18, resulting in a 3.57% rise in the 4th Quarter for the
Johnson City Market.

The Johnson City 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 Johnson City Real Estate
Market was 11% in the twelve months ended with the 4th Quarter of 1995. The
worst annual home appreciation rate in the Johnson City Market was -5% in the
twelve months ended with the 2nd Quarter of 2011.

The highest home appreciation in the Johnson City Real Estate Market over a
three year period was 22% in the three years ended with the 1st Quarter of
2007. The worst home appreciation over a three year period in the Johnson
City Market was -5% in the three years ended with the 2nd Quarter of 2011.

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

Historical data on the Johnson City Home Price Index is available back to the
2nd Quarter, of 1992. All calculations are based on the quarterly value of the
House Price Index for the Johnson City 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 Johnson City 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: Johnson City, Tennessee

The appreciation of Johnson City 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, Johnson City Home Prices had a rank of 7, with
appreciation of 3.57%. 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, Johnson City Home Prices had a rank of 119, with
appreciation during the year of -1.23%. 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, Johnson City Home
Prices ranked 58, with a total appreciation of 4.3%. 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, Johnson City Home
Prices had a rank of 85, with appreciation during the decade of 38%. 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 Johnson City Real
Estate Market is available back to the 2nd Quarter, of 1992. All calculations are
based on the quarterly value of the House Price Index for Johnson City. 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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