Salt Lake City, UT - House Price Index (HPI) - 31 Year Chart
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The House Price Index (HPI) shows changes in Salt Lake City, UT single family home prices in
logarithmic scale. The March, 1995 index value equals 100.  Updated Tuesday, March 27, 2012. Real
estate forecasts, analysis, statistics and appreciation rates are provided below.
Salt Lake City Real Estate Index: 31 Year Chart
Home Values Appreciation Rate - US Cities
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Salt Lake City Real Estate Market Forecast
Salt Lake City Real Estate Market: Trend, Analysis & Statistics
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Commentary  10362
4th Quarter, 2011 Housing Statistics: Salt Lake City, Utah


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      83%

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 Salt Lake City housing market for the
12 months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for Salt Lake City is 83%. In other words, when tested against
historical data, the forecasting methodology was correct 83% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Salt Lake City is 83% 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 Salt Lake City Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      76%

The forecast for the trend in the Salt Lake City housing market for the 3 years
ending with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for Salt Lake City 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 Salt Lake City is 76% 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 Salt Lake City Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Salt Lake City, Utah


Historical Home Price Appreciation
Last Quarter                         0.65%
Last Year                              -3.7%
Last 5 Years                         -13%
Last 10 Years                       28%
Last 20 Years                       161%
Decline From All Time High   19.13%


Annual Home Price Appreciation Rates
1982      -2.41%
1983      3.69%
1984      0.61%
1985      2.15%
1986      2.71%
1987      -5.87%
1988      -1.94%
1989      3.93%
1990      4.92%
1991      7.89%
1992      8.41%
1993      14.15%
1994      16.95%
1995      11.11%
1996      7.71%
1997      5.92%
1998      4.14%
1999      -0.56%
2000      3.21%
2001      3.78%
2002      1.73%
2003      1.33%
2004      5.31%
2005      13.46%
2006      19.60%
2007      7.82%
2008      -5.09%
2009      -9.77%
2010      -1.93%
2011      -3.70%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.65%         Rank: 128 of 381 (66th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -3.7%          Rank: 251 of 381 (34th Percentile)
Last 5 Years                              -13%           Rank: 239 of 381 (37th Percentile)
Last 10 Years  . . . . . . . . . . . .   28%            Rank: 162 of 381 (57th Percentile)
Last 20 Years                            161%          Rank: 5 of 355 (98th Percentile)
Decline From All Time High        19.13%

Home Price appreciation rates for Salt Lake City, UT are shown above for five
time periods. For example: Salt Lake City appreciated 0.65% in the Last
Quarter. At that rate, the Salt Lake City Real Estate Market was ranked 128th
out of 381 metropolitan areas for Real Estate Appreciation. Salt Lake City was
in the 66th percentile. So Salt Lake City, UT performed better in the Last
Quarter than 66% of the 381 metropolitan areas covered in
Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Salt Lake City, Utah

The all time high in the Salt Lake City Home Price Index was 219.5 in the 4th
Quarter, of 2007. The 4th Quarter, 2011 index value was 177.5. That's a
decline of 41.99 points or 19.13% below the Salt Lake City Home Price Index all
time high.  The Home Price Index indicates that the Salt Lake City Market is up
28% over the last 10 years. Home Prices in the Salt Lake City Real Estate
Market have lost 3.70% over the last 12 months. Over the last thirty years, it is
up 203%.

The 4th Quarter index value was 1.14 points higher than the 3rd Quarter, 2011
index value of 176.39, resulting in a 0.65% rise in the 4th Quarter for the Salt
Lake City Market.

The Salt Lake 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 Salt Lake City Real Estate
Market was 20% in the twelve months ended with the 2nd Quarter of 1979. The
worst annual home appreciation rate in the Salt Lake City Market was -10% in
the twelve months ended with the 1st Quarter of 2010.

The highest home appreciation in the Salt Lake City Real Estate Market over a
three year period was 49% in the three years ended with the 3rd Quarter of
1995. The worst home appreciation over a three year period in the Salt Lake
City Market was -19% in the three years ended with the 1st Quarter of 2011.

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

Historical data on the Salt Lake City Home Price Index is available back to the
2nd Quarter, of 1977. All calculations are based on the quarterly value of the
House Price Index for the Salt Lake 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 Salt Lake 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: Salt Lake City, Utah

The appreciation of Salt Lake 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, Salt Lake City Home Prices had a rank of 128,
with appreciation of 0.65%. 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, Salt Lake City Home Prices had a rank of 251, with
appreciation during the year of -3.70%. 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, Salt Lake City Home
Prices ranked 239, with a total appreciation of -12.8%. 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, Salt Lake City Home
Prices had a rank of 162, with appreciation during the decade of 28%. 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, Salt Lake City Home
Prices had a rank of 5, with total appreciation over the 20 year period of 161%.
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 Salt Lake City Real
Estate Market is available back to the 2nd Quarter, of 1977. All calculations are
based on the quarterly value of the House Price Index for Salt Lake 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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