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Tallahassee, FL - House Price Index (HPI) - 27 Year Chart
Tallahassee Real Estate Market
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The House Price Index (HPI) shows changes in Tallahassee, FL single family home prices in
logarithmic scale. The March, 1995 index value equals 100.  Updated Wednesday, March 28, 2012.
Real estate forecasts, analysis, statistics and appreciation rates are provided below.
Tallahassee Real Estate Index: 27 Year Chart
Home Values Appreciation Rate - US Cities
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Tallahassee Real Estate Market: Trend, Analysis & Statistics
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4th Quarter, 2011 Housing Statistics: Tallahassee, Florida


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      86%

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 Tallahassee housing market for the 12
months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for Tallahassee is 86%. In other words, when tested against
historical data, the forecasting methodology was correct 86% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Tallahassee is 86% 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
Tallahassee Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      83%

The forecast for the trend in the Tallahassee housing market for the 3 years
ending with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for Tallahassee 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
Tallahassee is 83% 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
Tallahassee Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Tallahassee, Florida


Historical Home Price Appreciation
Last Quarter                         -1.87%
Last Year                              -6.1%
Last 5 Years                         -24%
Last 10 Years                       30%
Last 20 Years                       82%
Decline From All Time High   24.84%


Annual Home Price Appreciation Rates
1982      5.59%
1983      7.46%
1984      -8.49%
1985      5.24%
1986      3.23%
1987      1.94%
1988      3.62%
1989      4.16%
1990      0.32%
1991      7.25%
1992      1.46%
1993      4.78%
1994      1.33%
1995      4.39%
1996      1.19%
1997      4.26%
1998      4.66%
1999      -0.35%
2000      5.36%
2001      7.06%
2002      6.53%
2003      9.21%
2004      14.84%
2005      16.97%
2006      8.93%
2007      0.00%
2008      -6.78%
2009      -6.64%
2010      -6.48%
2011      -6.12%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -1.87%        Rank: 361 of 381 (5th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -6.1%          Rank: 328 of 381 (13th Percentile)
Last 5 Years                              -24%           Rank: 310 of 381 (18th Percentile)
Last 10 Years  . . . . . . . . . . . .   30%            Rank: 150 of 381 (60th Percentile)
Last 20 Years                            82%            Rank: 194 of 355 (45th Percentile)
Decline From All Time High        24.84%

Home Price appreciation rates for Tallahassee, FL are shown above for five
time periods. For example: Tallahassee appreciated -1.87% in the Last
Quarter. At that rate, the Tallahassee Real Estate Market was ranked 361st out
of 381 metropolitan areas for Real Estate Appreciation. Tallahassee was in the
5th percentile. So Tallahassee, FL performed better in the Last Quarter than
5% of the 381 metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Tallahassee, Florida

The all time high in the Tallahassee Home Price Index was 221.1 in the 2nd
Quarter, of 2007. The 4th Quarter, 2011 index value was 166.2. That's a
decline of 54.93 points or 24.84% below the Tallahassee Home Price Index all
time high.  The Home Price Index indicates that the Tallahassee Market is up
30% over the last 10 years. Home Prices in the Tallahassee Real Estate Market
have lost 6.12% over the last 12 months. Over the last thirty years, it is up
142%.

The 4th Quarter index value was 3.16 points lower than the 3rd Quarter, 2011
index value of 169.33, resulting in a 1.87% decline for the 4th Quarter in the
Tallahassee Market.

The Tallahassee Home Price Index declined in the last quarter after increasing
in the previous quarter. 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 Tallahassee Real Estate
Market was 17% in the twelve months ended with the 3rd Quarter of 2005. The
worst annual home appreciation rate in the Tallahassee Market was -8% in the
twelve months ended with the 4th Quarter of 1984.

The highest home appreciation in the Tallahassee Real Estate Market over a
three year period was 50% in the three years ended with the 3rd Quarter of
2006. The worst home appreciation over a three year period in the Tallahassee
Market was -21% in the three years ended with the 2nd Quarter of 2011.

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

Historical data on the Tallahassee Home Price Index is available back to the 1st
Quarter, of 1981. All calculations are based on the quarterly value of the House
Price Index for the Tallahassee 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 Tallahassee 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: Tallahassee, Florida

The appreciation of Tallahassee 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, Tallahassee Home Prices had a rank of 361,
with appreciation of -1.87%. 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, Tallahassee Home Prices had a rank of 328, with
appreciation during the year of -6.12%. 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, Tallahassee Home Prices
ranked 310, with a total appreciation of -23.6%. 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, Tallahassee Home
Prices had a rank of 150, with appreciation during the decade of 30%. 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, Tallahassee Home
Prices had a rank of 194, with total appreciation over the 20 year period of
82%. 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 Tallahassee Real
Estate Market is available back to the 1st Quarter, of 1981. All calculations are
based on the quarterly value of the House Price Index for Tallahassee. 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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