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San Luis Obispo, CA - House Price Index (HPI) - 30 Year Chart
San Luis Obispo Real Estate Market
100
1000
The House Price Index (HPI) shows changes in San Luis Obispo-Paso Robles, CA 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.
San Luis Obispo RE Index: 30 Year Chart
Home Values Appreciation Rate - US Cities
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San Luis Obispo Real Estate Market: Trend &Analysis
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Commentary  10368
4th Quarter, 2011 Housing Statistics: San Luis Obispo, California


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 San Luis Obispo housing market for
the 12 months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of
the Trend Forecast for San Luis Obispo 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 San Luis Obispo 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 San Luis Obispo Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      81%

The forecast for the trend in the San Luis Obispo housing market for the 3
years ending with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for San Luis Obispo 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 falling house
prices in San Luis Obispo is 81% 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 San Luis Obispo Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: San Luis Obispo, California


Historical Home Price Appreciation
Last Quarter                         -0.66%
Last Year                              -5.8%
Last 5 Years                         -32%
Last 10 Years                       22%
Last 20 Years                       83%
Decline From All Time High   34.13%


Annual Home Price Appreciation Rates
1982      12.06%
1983      6.52%
1984      6.03%
1985      6.78%
1986      5.76%
1987      6.08%
1988      15.44%
1989      35.51%
1990      3.07%
1991      -3.44%
1992      -5.18%
1993      -2.97%
1994      -5.27%
1995      1.58%
1996      -0.18%
1997      3.93%
1998      7.80%
1999      11.58%
2000      18.71%
2001      14.29%
2002      15.60%
2003      13.82%
2004      19.60%
2005      17.50%
2006      -2.70%
2007      -6.59%
2008      -12.64%
2009      -8.21%
2010      -3.84%
2011      -5.81%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -0.66%        Rank: 321 of 381 (15th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -5.8%          Rank: 322 of 381 (15th Percentile)
Last 5 Years                              -32%           Rank: 325 of 381 (14th Percentile)
Last 10 Years  . . . . . . . . . . . .   22%            Rank: 220 of 381 (42nd Percentile)
Last 20 Years                            83%            Rank: 189 of 355 (46th Percentile)
Decline From All Time High        34.13%

Home Price appreciation rates for San Luis Obispo-Paso Robles, CA are shown
above for five time periods. For example: San Luis Obispo appreciated -0.66%
in the Last Quarter. At that rate, the San Luis Obispo Real Estate Market was
ranked 321st out of 381 metropolitan areas for Real Estate Appreciation. San
Luis Obispo was in the 15th percentile. So San Luis Obispo, CA performed
better in the Last Quarter than 15% of the 381 metropolitan areas covered in
Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: San Luis Obispo, California

The data and analysis on this page pertains to San Luis Obispo-Paso Robles,
CA, hereinafter referred to as "San Luis Obispo". The all time high in the San
Luis Obispo Home Price Index was 322.3 in the 2nd Quarter, of 2006. The 4th
Quarter, 2011 index value was 212.3. That's a decline of 110.01 points or
34.13% below the San Luis Obispo Home Price Index all time high.  The Home
Price Index indicates that the San Luis Obispo Market is up 22% over the last
10 years. Home Prices in the San Luis Obispo Real Estate Market have lost
5.81% over the last 12 months. Over the last thirty years, it is up 332%.

The 4th Quarter index value was 1.42 points lower than the 3rd Quarter, 2011
index value of 213.74, resulting in a 0.66% decline for the 4th Quarter in the
San Luis Obispo Market.

The San Luis Obispo 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 San Luis Obispo Real Estate
Market was 36% in the twelve months ended with the 4th Quarter of 1989. The
worst annual home appreciation rate in the San Luis Obispo Market was -13%
in the twelve months ended with the 4th Quarter of 2008.

The highest home appreciation in the San Luis Obispo Real Estate Market over
a three year period was 69% in the three years ended with the 1st Quarter of
1990. The worst home appreciation over a three year period in the San Luis
Obispo Market was -26% in the three years ended with the 2nd Quarter of 2010.

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

Historical data on the San Luis Obispo Home Price Index is available back to the
1st Quarter, of 1978. All calculations are based on the quarterly value of the
House Price Index for the San Luis Obispo 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 San Luis Obispo 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: San Luis Obispo, California

The appreciation of San Luis Obispo 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 San Luis Obispo-Paso Robles, CA, hereinafter referred to as
"San Luis Obispo".

Last Quarter:
During the 4th Quarter of 2011, San Luis Obispo Home Prices had a rank of
321, with appreciation of -0.66%. 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, San Luis Obispo Home Prices had a rank of 322,
with appreciation during the year of -5.81%. 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, San Luis Obispo Home
Prices ranked 325, with a total appreciation of -32.2%. 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, San Luis Obispo Home
Prices had a rank of 220, with appreciation during the decade of 22%. 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, San Luis Obispo Home
Prices had a rank of 189, with total appreciation over the 20 year period of
83%. 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 San Luis Obispo Real
Estate Market is available back to the 1st Quarter, of 1978. All calculations are
based on the quarterly value of the House Price Index for San Luis Obispo.
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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