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Kingston, NY - House Price Index (HPI) - 22 Year Chart
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Kingston Real Estate Market
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The House Price Index (HPI) shows changes in Kingston, NY 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.
Kingston 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 10240
4th Quarter, 2011 Housing Statistics: Kingston, New York
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
Forecast Accuracy: 72%
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 Kingston housing market for the 12
months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for Kingston is 72%. In other words, when tested against
historical data, the forecasting methodology was correct 72% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Kingston is 72% 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
Kingston Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 67%
The forecast for the trend in the Kingston housing market for the 3 years
ending with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for Kingston is 67%. In other words, when tested against historical
data, the forecasting methodology was correct 67% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Kingston is 67% 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 Kingston
Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Kingston, New York
Historical Home Price Appreciation
Last Quarter -0.45%
Last Year -4.0%
Last 5 Years -14%
Last 10 Years 55%
Last 20 Years 91%
Decline From All Time High 14.13%
Annual Home Price Appreciation Rates
1982 n/a
1983 n/a
1984 n/a
1985 n/a
1986 n/a
1987 24.39%
1988 0.85%
1989 4.64%
1990 -5.76%
1991 -0.96%
1992 1.09%
1993 -3.61%
1994 -11.30%
1995 2.67%
1996 -3.00%
1997 3.71%
1998 7.30%
1999 4.37%
2000 13.42%
2001 8.39%
2002 15.02%
2003 13.33%
2004 18.67%
2005 12.40%
2006 4.00%
2007 -2.05%
2008 -5.31%
2009 -3.48%
2010 -0.07%
2011 -4.01%
Real Estate Appreciation, Rank & Percentile
Last Quarter -0.45% Rank: 298 of 381 (21st Percentile)
Last Year . . . . . . . . . . . . . . . . -4.0% Rank: 263 of 381 (31st Percentile)
Last 5 Years -14% Rank: 251 of 381 (34th Percentile)
Last 10 Years . . . . . . . . . . . . 55% Rank: 20 of 381 (95th Percentile)
Last 20 Years 91% Rank: 143 of 355 (59th Percentile)
Decline From All Time High 14.13%
Home Price appreciation rates for Kingston, NY are shown above for five time
periods. For example: Kingston appreciated -0.45% in the Last Quarter. At that
rate, the Kingston Real Estate Market was ranked 298th out of 381 metropolitan
areas for Real Estate Appreciation. Kingston was in the 21st percentile. So
Kingston, NY performed better in the Last Quarter than 21% of the 381
metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Kingston, New York
The all time high in the Kingston Home Price Index was 268.9 in the 4th
Quarter, of 2006. The 4th Quarter, 2011 index value was 230.9. That's a
decline of 38.00 points or 14.13% below the Kingston Home Price Index all time
high. The Home Price Index indicates that the Kingston Market is up 55% over
the last 10 years. Home Prices in the Kingston Real Estate Market have lost
4.01% over the last 12 months.
The 4th Quarter index value was 1.05 points lower than the 3rd Quarter, 2011
index value of 231.95, resulting in a 0.45% decline for the 4th Quarter in the
Kingston Market.
The Kingston Home Price Index has declined for the last 4 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
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 highest annual home appreciation rate in the Kingston Real Estate Market
was 24% in the twelve months ended with the 4th Quarter of 1987. The worst
annual home appreciation rate in the Kingston Market was -14% in the twelve
months ended with the 1st Quarter of 1995.
The highest home appreciation in the Kingston Real Estate Market over a three
year period was 55% in the three years ended with the 2nd Quarter of 2005.
The worst home appreciation over a three year period in the Kingston Market
was -19% in the three years ended with the 1st Quarter of 1995.
This page provides a long term graph of the Kingston Home Price Index
(above). The house price chart has been updated through the 4th Quarter of
2011. For more information about Kingston Home Prices, look at the links under
that chart. One link opens a long term chart of historical appreciation rates for
the Kingston Real Estate Market. Another opens a forecast for appreciation
rates in the state of New York. 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 Kingston Home Prices will be at your
fingertips when you need them.
Historical data on the Kingston Home Price Index is available back to the 3rd
Quarter, of 1986. All calculations are based on the quarterly value of the House
Price Index for the Kingston 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 Kingston 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: Kingston, New York
The appreciation of Kingston 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, Kingston Home Prices had a rank of 298, with
appreciation of -0.45%. 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, Kingston Home Prices had a rank of 263, with
appreciation during the year of -4.01%. 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, Kingston Home Prices
ranked 251, with a total appreciation of -14.1%. 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, Kingston Home Prices
had a rank of 20, with appreciation during the decade of 55%. 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, Kingston Home Prices
had a rank of 143, with total appreciation over the 20 year period of 91%. 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 Kingston Real Estate
Market is available back to the 3rd Quarter, of 1986. All calculations are based
on the quarterly value of the House Price Index for Kingston. 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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