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Santa Rosa, CA - House Price Index (HPI) - 32 Year Chart
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Santa Rosa Real Estate Market
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The House Price Index (HPI) shows changes in Santa Rosa-Petaluma, 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.
Santa Rosa 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 10374
4th Quarter, 2011 Housing Statistics: Santa Rosa, 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 Santa Rosa housing market for the 12
months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for Santa Rosa 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 Santa Rosa 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 Santa
Rosa Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 80%
The forecast for the trend in the Santa Rosa housing market for the 3 years
ending with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for Santa Rosa is 80%. In other words, when tested against historical
data, the forecasting methodology was correct 80% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Santa Rosa is 80% 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 Santa
Rosa Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Santa Rosa, California
Historical Home Price Appreciation
Last Quarter -0.86%
Last Year -6.9%
Last 5 Years -37%
Last 10 Years 1%
Last 20 Years 71%
Decline From All Time High 39.80%
Annual Home Price Appreciation Rates
1982 1.49%
1983 -0.79%
1984 4.40%
1985 4.18%
1986 6.43%
1987 8.91%
1988 17.23%
1989 26.91%
1990 6.23%
1991 1.01%
1992 -1.41%
1993 -1.63%
1994 -2.20%
1995 0.88%
1996 -0.11%
1997 3.96%
1998 8.73%
1999 15.23%
2000 25.14%
2001 8.77%
2002 8.28%
2003 10.40%
2004 18.87%
2005 17.58%
2006 -3.81%
2007 -9.01%
2008 -19.15%
2009 -5.55%
2010 -3.14%
2011 -6.86%
Real Estate Appreciation, Rank & Percentile
Last Quarter -0.86% Rank: 328 of 381 (13th Percentile)
Last Year . . . . . . . . . . . . . . . . -6.9% Rank: 340 of 381 (10th Percentile)
Last 5 Years -37% Rank: 340 of 381 (10th Percentile)
Last 10 Years . . . . . . . . . . . . 1% Rank: 350 of 381 (8th Percentile)
Last 20 Years 71% Rank: 252 of 355 (29th Percentile)
Decline From All Time High 39.80%
Home Price appreciation rates for Santa Rosa-Petaluma, CA are shown above
for five time periods. For example: Santa Rosa appreciated -0.86% in the Last
Quarter. At that rate, the Santa Rosa Real Estate Market was ranked 328th out
of 381 metropolitan areas for Real Estate Appreciation. Santa Rosa was in the
13th percentile. So Santa Rosa, CA performed better in the Last Quarter than
13% of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Santa Rosa, California
The data and analysis on this page pertains to Santa Rosa-Petaluma, CA,
hereinafter referred to as "Santa Rosa". The all time high in the Santa Rosa
Home Price Index was 301.1 in the 1st Quarter, of 2006. The 4th Quarter, 2011
index value was 181.3. That's a decline of 119.85 points or 39.80% below the
Santa Rosa Home Price Index all time high. The Home Price Index indicates
that the Santa Rosa Market is up 1% over the last 10 years. Home Prices in the
Santa Rosa Real Estate Market have lost 6.86% over the last 12 months. Over
the last thirty years, it is up 246%.
The 4th Quarter index value was 1.58 points lower than the 3rd Quarter, 2011
index value of 182.83, resulting in a 0.86% decline for the 4th Quarter in the
Santa Rosa Market.
The Santa Rosa 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 Santa Rosa Real Estate
Market was 28% in the twelve months ended with the 3rd Quarter of 1989. The
worst annual home appreciation rate in the Santa Rosa Market was -19% in the
twelve months ended with the 4th Quarter of 2008.
The highest home appreciation in the Santa Rosa Real Estate Market over a
three year period was 79% in the three years ended with the 4th Quarter of
1979. The worst home appreciation over a three year period in the Santa Rosa
Market was -33% in the three years ended with the 3rd Quarter of 2009.
This page provides a long term graph of the Santa Rosa Home Price Index
(above). The house price chart has been updated through the 4th Quarter of
2011. For more information about Santa Rosa Home Prices, look at the links
under that chart. One link opens a long term chart of historical appreciation
rates for the Santa Rosa 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 Santa Rosa Home
Prices will be at your fingertips when you need them.
Historical data on the Santa Rosa Home Price Index is available back to the 4th
Quarter, of 1976. All calculations are based on the quarterly value of the House
Price Index for the Santa Rosa 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 Santa Rosa 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: Santa Rosa, California
The appreciation of Santa Rosa 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 Santa Rosa-Petaluma, CA, hereinafter referred to as "Santa Rosa".
Last Quarter:
During the 4th Quarter of 2011, Santa Rosa Home Prices had a rank of 328,
with appreciation of -0.86%. 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, Santa Rosa Home Prices had a rank of 340, with
appreciation during the year of -6.86%. 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, Santa Rosa Home Prices
ranked 340, with a total appreciation of -37.3%. 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, Santa Rosa Home Prices
had a rank of 350, with appreciation during the decade of 1%. 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, Santa Rosa Home Prices
had a rank of 252, with total appreciation over the 20 year period of 71%. 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 Santa Rosa Real
Estate Market is available back to the 4th Quarter, of 1976. All calculations are
based on the quarterly value of the House Price Index for Santa Rosa. 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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