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Vineland, NJ - House Price Index (HPI) - 22 Year Chart
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Vineland Real Estate Market
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The House Price Index (HPI) shows changes in Vineland-Millville-Bridgeton, NJ 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.
Vineland 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 10415
4th Quarter, 2011 Housing Statistics: Vineland, New Jersey
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
Forecast Accuracy: 57%
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 Vineland housing market for the 12
months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for Vineland is 57%. In other words, when tested against
historical data, the forecasting methodology was correct 57% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Vineland is 57% 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
Vineland Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 66%
The forecast for the trend in the Vineland housing market for the 3 years
ending with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for Vineland is 66%. In other words, when tested against historical
data, the forecasting methodology was correct 66% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Vineland is 66% 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 Vineland
Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Vineland, New Jersey
Historical Home Price Appreciation
Last Quarter 6.09%
Last Year -3.6%
Last 5 Years -15%
Last 10 Years 51%
Last 20 Years 81%
Decline From All Time High 17.97%
Annual Home Price Appreciation Rates
1982 n/a
1983 n/a
1984 n/a
1985 n/a
1986 n/a
1987 13.92%
1988 22.81%
1989 6.33%
1990 -1.99%
1991 4.10%
1992 -0.28%
1993 4.95%
1994 -4.19%
1995 4.56%
1996 -0.57%
1997 3.59%
1998 1.27%
1999 -0.31%
2000 4.42%
2001 5.44%
2002 8.22%
2003 8.23%
2004 17.30%
2005 18.85%
2006 8.57%
2007 2.64%
2008 -7.39%
2009 -5.65%
2010 -1.56%
2011 -3.64%
Real Estate Appreciation, Rank & Percentile
Last Quarter 6.09% Rank: 1 of 381 (100th Percentile)
Last Year . . . . . . . . . . . . . . . . -3.6% Rank: 249 of 381 (34th Percentile)
Last 5 Years -15% Rank: 257 of 381 (32nd Percentile)
Last 10 Years . . . . . . . . . . . . 51% Rank: 30 of 381 (92nd Percentile)
Last 20 Years 81% Rank: 197 of 355 (44th Percentile)
Decline From All Time High 17.97%
Home Price appreciation rates for Vineland-Millville-Bridgeton, NJ are shown
above for five time periods. For example: Vineland appreciated 6.09% in the
Last Quarter. At that rate, the Vineland Real Estate Market was ranked 1st out
of 381 metropolitan areas for Real Estate Appreciation. Vineland was in the
100th percentile. So Vineland, NJ performed better in the Last Quarter than
100% of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Vineland, New Jersey
The data and analysis on this page pertains to Vineland-Millville-Bridgeton, NJ,
hereinafter referred to as "Vineland". The all time high in the Vineland Home
Price Index was 219.7 in the 3rd Quarter, of 2007. The 4th Quarter, 2011 index
value was 180.2. That's a decline of 39.48 points or 17.97% below the Vineland
Home Price Index all time high. The Home Price Index indicates that the
Vineland Market is up 51% over the last 10 years. Home Prices in the Vineland
Real Estate Market have lost 3.64% over the last 12 months.
The 4th Quarter index value was 10.34 points higher than the 3rd Quarter,
2011 index value of 169.90, resulting in a 6.09% rise in the 4th Quarter for the
Vineland Market.
The Vineland Home Price Index increased in the last quarter after falling in the
previous 4 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 Vineland Real Estate Market
was 23% in the twelve months ended with the 4th Quarter of 1988. The worst
annual home appreciation rate in the Vineland Market was -12% in the twelve
months ended with the 3rd Quarter of 2009.
The highest home appreciation in the Vineland Real Estate Market over a three
year period was 55% in the three years ended with the 1st Quarter of 2007.
The worst home appreciation over a three year period in the Vineland Market
was -20% in the three years ended with the 3rd Quarter of 2011.
This page provides a long term graph of the Vineland Home Price Index
(above). The house price chart has been updated through the 4th Quarter of
2011. For more information about Vineland Home Prices, look at the links under
that chart. One link opens a long term chart of historical appreciation rates for
the Vineland Real Estate Market. Another opens a forecast for appreciation
rates in the state of New Jersey. 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 Vineland Home Prices will be at your
fingertips when you need them.
Historical data on the Vineland Home Price Index is available back to the 4th
Quarter, of 1986. All calculations are based on the quarterly value of the House
Price Index for the Vineland 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 Vineland 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: Vineland, New Jersey
The appreciation of Vineland 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 Vineland-Millville-Bridgeton, NJ, hereinafter referred to as "Vineland".
Last Quarter:
During the 4th Quarter of 2011, Vineland Home Prices outperformed every
state, with appreciation of 6.09% during the quarter. The worst performer
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, Vineland Home Prices had a rank of 249, with
appreciation during the year of -3.64%. 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, Vineland Home Prices
ranked 257, with a total appreciation of -14.9%. 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, Vineland Home Prices
had a rank of 30, with appreciation during the decade of 51%. 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, Vineland Home Prices
had a rank of 197, with total appreciation over the 20 year period of 81%. 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 Vineland Real Estate
Market is available back to the 4th Quarter, of 1986. All calculations are based
on the quarterly value of the House Price Index for Vineland. 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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