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Weirton, OH - House Price Index (HPI) - 15 Year Chart
Weirton Real Estate Market
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The House Price Index (HPI) shows changes in Weirton-Steubenville, WV-OH 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.
Weirton Real Estate Index: 15 Year Chart
Home Values Appreciation Rate - US Cities
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Weirton Real Estate Market: Trend, Analysis & Statistics
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Commentary  10424
4th Quarter, 2011 Housing Statistics: Weirton, Ohio


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      72%

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 Weirton housing market for the 12
months ending with the 4th Quarter of 2012 is UP. The Accuracy of the Trend
Forecast for Weirton is 72%. In other words, when tested against historical
data, the forecasting methodology was correct 72% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Weirton is 72% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 4th Quarter of 2012 than they were in the 4th
Quarter of 2011. Check this page each quarter for updates to the Weirton Real
Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      84%

The forecast for the trend in the Weirton housing market for the 3 years ending
with the 4th Quarter of 2014 is UP. The Accuracy of the Trend Forecast for
Weirton is 84%. In other words, when tested against historical data, the
forecasting methodology was correct 84% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Weirton is 84% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 4th Quarter of 2014 than they were in the 4th
Quarter of 2011. Check this page each quarter for updates to the Weirton Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Weirton, Ohio


Historical Home Price Appreciation
Last Quarter                         -1.51%
Last Year                              1.2%
Last 5 Years                         -2%
Last 10 Years                       17%
Last 20 Years                       
Decline From All Time High   5.75%


Annual Home Price Appreciation Rates
1982        n/a
1983        n/a
1984        n/a
1985        n/a
1986        n/a
1987        n/a
1988        n/a
1989        n/a
1990        n/a
1991        n/a
1992        n/a
1993        n/a
1994        n/a
1995      13.62%
1996      5.86%
1997      2.15%
1998      11.31%
1999      -2.77%
2000      7.25%
2001      6.33%
2002      5.45%
2003      4.68%
2004      0.32%
2005      3.14%
2006      3.80%
2007      -0.17%
2008      -3.39%
2009      6.51%
2010      -5.48%
2011      1.21%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -1.51%        Rank: 349 of 381 (8th Percentile)
Last Year  . . . . . . . . . . . . . . . .  1.2%           Rank: 17 of 381 (95th Percentile)
Last 5 Years                              -2%             Rank: 133 of 381 (65th Percentile)
Last 10 Years  . . . . . . . . . . . .   17%            Rank: 272 of 381 (28th Percentile)

Decline From All Time High        5.75%

Home Price appreciation rates for Weirton-Steubenville, WV-OH are shown
above for five time periods. For example: Weirton appreciated -1.51% in the
Last Quarter. At that rate, the Weirton Real Estate Market was ranked 349th
out of 381 metropolitan areas for Real Estate Appreciation. Weirton was in the
8th percentile. So Weirton, OH performed better in the Last Quarter than 8% of
the 381 metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Weirton, Ohio

The data and analysis on this page pertains to Weirton-Steubenville, WV-OH,
hereinafter referred to as "Weirton". The all time high in the Weirton Home Price
Index was 175.9 in the 2nd Quarter, of 2008. The 4th Quarter, 2011 index value
was 165.8. That's a decline of 10.11 points or 5.75% below the Weirton Home
Price Index all time high.  The Home Price Index indicates that the Weirton
Market is up 17% over the last 10 years. Home prices in the Weirton Real
Estate Market have gained 1.21% over the last 12 months.

The 4th Quarter index value was 2.55 points lower than the 3rd Quarter, 2011
index value of 168.33, resulting in a 1.51% decline for the 4th Quarter in the
Weirton Market.

The Weirton Home Price Index declined in the last quarter after increasing in
the previous 2 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 Weirton Real Estate Market
was 14% in the twelve months ended with the 4th Quarter of 1995. The worst
annual home appreciation rate in the Weirton Market was -6% in the twelve
months ended with the 2nd Quarter of 2009.

The highest home appreciation in the Weirton Real Estate Market over a three
year period was 23% in the three years ended with the 4th Quarter of 1997.
The worst home appreciation over a three year period in the Weirton Market
was -7% in the three years ended with the 2nd Quarter of 2011.

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

Historical data on the Weirton Home Price Index is available back to the 3rd
Quarter, of 1993. All calculations are based on the quarterly value of the House
Price Index for the Weirton 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 Weirton 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: Weirton, Ohio

The appreciation of Weirton 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 Weirton-Steubenville, WV-OH, hereinafter referred to as "Weirton".

Last Quarter:
During the 4th Quarter of 2011, Weirton Home Prices had a rank of 349, with
appreciation of -1.51%. 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, Weirton Home Prices had a rank of 17, with
appreciation during the year of 1.21%. 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, Weirton Home Prices
ranked 133, with a total appreciation of -1.7%. 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, Weirton Home Prices
had a rank of 272, with appreciation during the decade of 17%. 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:
Twenty year data is not available
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 Weirton Real Estate
Market is available back to the 3rd Quarter, of 1993. All calculations are based
on the quarterly value of the House Price Index for Weirton. 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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