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St. Louis, MO - House Price Index (HPI) - 33 Year Chart
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St. Louis Real Estate Market
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The House Price Index (HPI) shows changes in St. Louis, MO-IL 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.
St. Louis 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 10394
4th Quarter, 2011 Housing Statistics: St. Louis, Missouri
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
Forecast Accuracy: 90%
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 St. Louis housing market for the 12
months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for St. Louis is 90%. In other words, when tested against
historical data, the forecasting methodology was correct 90% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in St. Louis is 90% 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 St.
Louis Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 88%
The forecast for the trend in the St. Louis housing market for the 3 years
ending with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for St. Louis is 88%. In other words, when tested against historical
data, the forecasting methodology was correct 88% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in St.
Louis is 88% 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 St. Louis Real Estate
Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: St. Louis, Missouri
Historical Home Price Appreciation
Last Quarter 0.19%
Last Year -2.1%
Last 5 Years -8%
Last 10 Years 23%
Last 20 Years 86%
Decline From All Time High 8.52%
Annual Home Price Appreciation Rates
1982 2.65%
1983 8.98%
1984 5.81%
1985 6.96%
1986 5.73%
1987 5.85%
1988 2.92%
1989 2.20%
1990 -0.65%
1991 2.92%
1992 1.90%
1993 1.88%
1994 3.12%
1995 4.48%
1996 3.81%
1997 4.14%
1998 3.97%
1999 5.40%
2000 6.92%
2001 6.20%
2002 6.23%
2003 6.21%
2004 7.30%
2005 7.02%
2006 3.20%
2007 0.77%
2008 -2.51%
2009 -3.56%
2010 -0.54%
2011 -2.06%
Real Estate Appreciation, Rank & Percentile
Last Quarter 0.19% Rank: 204 of 381 (46th Percentile)
Last Year . . . . . . . . . . . . . . . . -2.1% Rank: 168 of 381 (56th Percentile)
Last 5 Years -8% Rank: 202 of 381 (47th Percentile)
Last 10 Years . . . . . . . . . . . . 23% Rank: 203 of 381 (46th Percentile)
Last 20 Years 86% Rank: 173 of 355 (51st Percentile)
Decline From All Time High 8.52%
Home Price appreciation rates for St. Louis, MO-IL are shown above for five
time periods. For example: St. Louis appreciated 0.19% in the Last Quarter. At
that rate, the St. Louis Real Estate Market was ranked 204th out of 381
metropolitan areas for Real Estate Appreciation. St. Louis was in the 46th
percentile. So St. Louis, MO performed better in the Last Quarter than 46% of
the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: St. Louis, Missouri
The all time high in the St. Louis Home Price Index was 187.7 in the 1st Quarter,
of 2008. The 4th Quarter, 2011 index value was 171.7. That's a decline of
15.99 points or 8.52% below the St. Louis Home Price Index all time high. The
Home Price Index indicates that the St. Louis Market is up 23% over the last 10
years. Home Prices in the St. Louis Real Estate Market have lost 2.06% over
the last 12 months. Over the last thirty years, it is up 183%.
The 4th Quarter index value was 0.32 points higher than the 3rd Quarter, 2011
index value of 171.34, resulting in a 0.19% rise in the 4th Quarter for the St.
Louis Market.
The St. Louis 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 St. Louis Real Estate Market
was 22% in the twelve months ended with the 1st Quarter of 1979. The worst
annual home appreciation rate in the St. Louis Market was -7% in the twelve
months ended with the 2nd Quarter of 1981.
The highest home appreciation in the St. Louis Real Estate Market over a three
year period was 56% in the three years ended with the 1st Quarter of 1979.
The worst home appreciation over a three year period in the St. Louis Market
was -9% in the three years ended with the 1st Quarter of 2011.
This page provides a long term graph of the St. Louis Home Price Index
(above). The house price chart has been updated through the 4th Quarter of
2011. For more information about St. Louis Home Prices, look at the links under
that chart. One link opens a long term chart of historical appreciation rates for
the St. Louis Real Estate Market. Another opens a forecast for appreciation
rates in the state of Missouri. 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 St. Louis Home Prices will be at your
fingertips when you need them.
Historical data on the St. Louis Home Price Index is available back to the 3rd
Quarter, of 1975. All calculations are based on the quarterly value of the House
Price Index for the St. Louis 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 St. Louis 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: St. Louis, Missouri
The appreciation of St. Louis 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, St. Louis Home Prices had a rank of 204, with
appreciation of 0.19%. 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, St. Louis Home Prices had a rank of 168, with
appreciation during the year of -2.06%. 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, St. Louis Home Prices
ranked 202, with a total appreciation of -7.7%. 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, St. Louis Home Prices
had a rank of 203, with appreciation during the decade of 23%. 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, St. Louis Home Prices
had a rank of 173, with total appreciation over the 20 year period of 86%. 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 St. Louis Real Estate
Market is available back to the 3rd Quarter, of 1975. 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 St. Louis. 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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