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Poughkeepsie, NY - House Price Index (HPI) - 26 Year Chart
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Poughkeepsie Real Estate Market
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The House Price Index (HPI) shows changes in Poughkeepsie-Newburgh-Middletown, NY single
family home prices in logarithmic scale. The March, 1995 index value equals 100. Updated Tuesday,
May 1, 2012. Real estate forecasts, analysis, statistics and appreciation rates are provided below.
Poughkeepsie 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 10336
4th Quarter, 2011 Housing Statistics: Poughkeepsie, New York
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 Poughkeepsie housing market for the
12 months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for Poughkeepsie 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 Poughkeepsie 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 Poughkeepsie Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 74%
The forecast for the trend in the Poughkeepsie housing market for the 3 years
ending with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for Poughkeepsie is 74%. In other words, when tested against
historical data, the forecasting methodology was correct 74% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Poughkeepsie is 74% 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 Poughkeepsie Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Poughkeepsie, New York
Historical Home Price Appreciation
Last Quarter -1.16%
Last Year -6.2%
Last 5 Years -22%
Last 10 Years 34%
Last 20 Years 79%
Decline From All Time High 22.48%
Annual Home Price Appreciation Rates
1982 -0.61%
1983 17.07%
1984 15.02%
1985 16.89%
1986 26.01%
1987 16.55%
1988 4.24%
1989 0.07%
1990 -3.45%
1991 -0.90%
1992 1.11%
1993 -4.27%
1994 -5.00%
1995 2.72%
1996 1.20%
1997 2.23%
1998 4.73%
1999 5.34%
2000 10.97%
2001 11.86%
2002 14.24%
2003 13.86%
2004 14.77%
2005 12.69%
2006 2.59%
2007 -4.18%
2008 -6.47%
2009 -5.44%
2010 -2.51%
2011 -6.18%
Real Estate Appreciation, Rank & Percentile
Last Quarter -1.16% Rank: 339 of 381 (11th Percentile)
Last Year . . . . . . . . . . . . . . . . -6.2% Rank: 329 of 381 (13th Percentile)
Last 5 Years -22% Rank: 304 of 381 (20th Percentile)
Last 10 Years . . . . . . . . . . . . 34% Rank: 113 of 381 (70th Percentile)
Last 20 Years 79% Rank: 207 of 355 (41st Percentile)
Decline From All Time High 22.48%
Home Price appreciation rates for Poughkeepsie-Newburgh-Middletown, NY are
shown above for five time periods. For example: Poughkeepsie appreciated
-1.16% in the Last Quarter. At that rate, the Poughkeepsie Real Estate Market
was ranked 339th out of 381 metropolitan areas for Real Estate Appreciation.
Poughkeepsie was in the 11th percentile. So Poughkeepsie, NY performed
better in the Last Quarter than 11% of the 381 metropolitan areas covered in
Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Poughkeepsie, New York
The data and analysis on this page pertains to
Poughkeepsie-Newburgh-Middletown, NY, hereinafter referred to as
"Poughkeepsie". The all time high in the Poughkeepsie Home Price Index was
251.0 in the 4th Quarter, of 2006. The 4th Quarter, 2011 index value was
194.5. That's a decline of 56.42 points or 22.48% below the Poughkeepsie
Home Price Index all time high. The Home Price Index indicates that the
Poughkeepsie Market is up 34% over the last 10 years. Home Prices in the
Poughkeepsie Real Estate Market have lost 6.18% over the last 12 months.
Over the last thirty years, it is up 311%.
The 4th Quarter index value was 2.29 points lower than the 3rd Quarter, 2011
index value of 196.83, resulting in a 1.16% decline for the 4th Quarter in the
Poughkeepsie Market.
The Poughkeepsie Home Price Index has declined for the last 5 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 Poughkeepsie Real Estate
Market was 31% in the twelve months ended with the 3rd Quarter of 1986. The
worst annual home appreciation rate in the Poughkeepsie Market was -12% in
the twelve months ended with the 2nd Quarter of 1983.
The highest home appreciation in the Poughkeepsie Real Estate Market over a
three year period was 83% in the three years ended with the 1st Quarter of
1987. The worst home appreciation over a three year period in the
Poughkeepsie Market was -17% in the three years ended with the 2nd Quarter
of 2010.
This page provides a long term graph of the Poughkeepsie Home Price Index
(above). The house price chart has been updated through the 4th Quarter of
2011. For more information about Poughkeepsie Home Prices, look at the links
under that chart. One link opens a long term chart of historical appreciation
rates for the Poughkeepsie 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 Poughkeepsie
Home Prices will be at your fingertips when you need them.
Historical data on the Poughkeepsie Home Price Index is available back to the
2nd Quarter, of 1982. All calculations are based on the quarterly value of the
House Price Index for the Poughkeepsie 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 Poughkeepsie 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: Poughkeepsie, New York
The appreciation of Poughkeepsie 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 Poughkeepsie-Newburgh-Middletown, NY, hereinafter referred
to as "Poughkeepsie".
Last Quarter:
During the 4th Quarter of 2011, Poughkeepsie Home Prices had a rank of 339,
with appreciation of -1.16%. 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, Poughkeepsie Home Prices had a rank of 329, with
appreciation during the year of -6.18%. 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, Poughkeepsie Home
Prices ranked 304, with a total appreciation of -22.5%. 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, Poughkeepsie Home
Prices had a rank of 113, with appreciation during the decade of 34%. 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, Poughkeepsie Home
Prices had a rank of 207, with total appreciation over the 20 year period of
79%. 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 Poughkeepsie Real
Estate Market is available back to the 2nd Quarter, of 1982. All calculations are
based on the quarterly value of the House Price Index for Poughkeepsie. 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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