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Rochester, NY - House Price Index (HPI) - 29 Year Chart
Rochester Real Estate Market (NY)
100
1000
The House Price Index (HPI) shows changes in Rochester, 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.
Rochester Real Estate Index: 29 Year Chart
Home Values Appreciation Rate - US Cities
10
Rochester Real Estate Market: Trend, Analysis & Statistics
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Commentary  10352
4th Quarter, 2011 Housing Statistics: Rochester, New York


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      78%

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 Rochester housing market for the 12
months ending with the 4th Quarter of 2012 is UP. The Accuracy of the Trend
Forecast for Rochester is 78%. In other words, when tested against historical
data, the forecasting methodology was correct 78% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Rochester is 78% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 4th Quarter of 2012 than they were in the 4th
Quarter of 2011. Check this page each quarter for updates to the Rochester
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      81%

The forecast for the trend in the Rochester housing market for the 3 years
ending with the 4th Quarter of 2014 is UP. The Accuracy of the Trend Forecast
for Rochester is 81%. In other words, when tested against historical data, the
forecasting methodology was correct 81% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Rochester is 81% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 4th Quarter of 2014 than they were in the 4th
Quarter of 2011. Check this page each quarter for updates to the Rochester
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Rochester, New York


Historical Home Price Appreciation
Last Quarter                         0.53%
Last Year                              0.1%
Last 5 Years                         4%
Last 10 Years                       24%
Last 20 Years                       40%
Decline From All Time High   0.17%


Annual Home Price Appreciation Rates
1982      13.77%
1983      11.41%
1984      6.00%
1985      9.07%
1986      8.85%
1987      6.48%
1988      3.52%
1989      3.35%
1990      -0.52%
1991      2.30%
1992      2.67%
1993      1.03%
1994      -3.95%
1995      2.28%
1996      -0.83%
1997      1.78%
1998      3.04%
1999      -0.20%
2000      3.10%
2001      3.95%
2002      3.58%
2003      4.33%
2004      4.22%
2005      4.38%
2006      1.15%
2007      1.32%
2008      0.84%
2009      1.36%
2010      0.46%
2011      0.08%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.53%         Rank: 148 of 381 (61st Percentile)
Last Year  . . . . . . . . . . . . . . . .  0.1%           Rank: 47 of 381 (87th Percentile)
Last 5 Years                              4%              Rank: 61 of 381 (84th Percentile)
Last 10 Years  . . . . . . . . . . . .   24%            Rank: 196 of 381 (48th Percentile)
Last 20 Years                            40%            Rank: 336 of 355 (5th Percentile)
Decline From All Time High        0.17%

Home Price appreciation rates for Rochester, NY are shown above for five time
periods. For example: Rochester appreciated 0.53% in the Last Quarter. At that
rate, the Rochester Real Estate Market was ranked 148th out of 381
metropolitan areas for Real Estate Appreciation. Rochester was in the 61st
percentile. So Rochester, NY performed better in the Last Quarter than 61% of
the 381 metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Rochester, New York

The all time high in the Rochester Home Price Index was 141.6 in the 3rd
Quarter, of 2010. The 4th Quarter, 2011 index value was 141.4. That's a
decline of 0.24 points or 0.17% below the Rochester Home Price Index all time
high.  The Home Price Index indicates that the Rochester Market is up 24%
over the last 10 years. Home prices in the Rochester Real Estate Market have
gained 0.08% over the last 12 months. Over the last thirty years, it is up 160%.

The 4th Quarter index value was 0.75 points higher than the 3rd Quarter, 2011
index value of 140.62, resulting in a 0.53% rise in the 4th Quarter for the
Rochester Market.

The Rochester 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 Rochester Real Estate
Market was 18% in the twelve months ended with the 1st Quarter of 1983. The
worst annual home appreciation rate in the Rochester Market was -4% in the
twelve months ended with the 1st Quarter of 1995.

The highest home appreciation in the Rochester Real Estate Market over a
three year period was 40% in the three years ended with the 1st Quarter of
1985. The worst home appreciation over a three year period in the Rochester
Market was -3% in the three years ended with the 3rd Quarter of 1996.

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

Historical data on the Rochester Home Price Index is available back to the 2nd
Quarter, of 1979. All calculations are based on the quarterly value of the House
Price Index for the Rochester 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 Rochester 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: Rochester, New York

The appreciation of Rochester 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, Rochester Home Prices had a rank of 148, with
appreciation of 0.53%. 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, Rochester Home Prices had a rank of 47, with
appreciation during the year of 0.08%. 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, Rochester Home Prices
ranked 61, with a total appreciation of 4.1%. 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, Rochester Home Prices
had a rank of 196, with appreciation during the decade of 24%. 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, Rochester Home Prices
had a rank of 336, with total appreciation over the 20 year period of 40%. 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 Rochester Real Estate
Market is available back to the 2nd Quarter, of 1979. The chart has been
updated through the 4th Quarter of 2011. All calculations are based on the
quarterly value of the House Price Index for Rochester. 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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