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Wichita Falls, TX - House Price Index (HPI) - 21 Year Chart
Wichita Falls Real Estate Market
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The House Price Index (HPI) shows changes in Wichita Falls, TX 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.
Wichita Falls Real Estate Index: 21 Year Chart
Home Values Appreciation Rate - US Cities
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Wichita Falls Real Estate Market: Trend, Analysis & Statistics
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Commentary  10428
4th Quarter, 2011 Housing Statistics: Wichita Falls, Texas


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      73%

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 Wichita Falls housing market for the 12
months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for Wichita Falls is 73%. In other words, when tested against
historical data, the forecasting methodology was correct 73% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Wichita Falls is 73% 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
Wichita Falls Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      84%

The forecast for the trend in the Wichita Falls housing market for the 3 years
ending with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for Wichita Falls 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 falling house prices in
Wichita Falls is 84% 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
Wichita Falls Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Wichita Falls, Texas


Historical Home Price Appreciation
Last Quarter                         -0.98%
Last Year                              -0.5%
Last 5 Years                         5%
Last 10 Years                       30%
Last 20 Years                       86%
Decline From All Time High   0.98%


Annual Home Price Appreciation Rates
1982        n/a
1983        n/a
1984        n/a
1985        n/a
1986        n/a
1987        n/a
1988      -5.83%
1989      -0.42%
1990      -2.63%
1991      6.58%
1992      5.91%
1993      5.02%
1994      1.36%
1995      9.99%
1996      -2.19%
1997      5.22%
1998      1.96%
1999      2.03%
2000      2.32%
2001      5.80%
2002      2.83%
2003      3.25%
2004      4.36%
2005      8.05%
2006      3.09%
2007      3.67%
2008      -2.85%
2009      1.91%
2010      2.83%
2011      -0.49%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -0.98%        Rank: 329 of 381 (13th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -0.5%          Rank: 73 of 381 (81st Percentile)
Last 5 Years                              5%              Rank: 48 of 381 (87th Percentile)
Last 10 Years  . . . . . . . . . . . .   30%            Rank: 154 of 381 (59th Percentile)
Last 20 Years                            86%            Rank: 169 of 355 (52nd Percentile)
Decline From All Time High        0.98%

Home Price appreciation rates for Wichita Falls, TX are shown above for five
time periods. For example: Wichita Falls appreciated -0.98% in the Last
Quarter. At that rate, the Wichita Falls Real Estate Market was ranked 329th
out of 381 metropolitan areas for Real Estate Appreciation. Wichita Falls was in
the 13th percentile. So Wichita Falls, TX 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: Wichita Falls, Texas

The all time high in the Wichita Falls Home Price Index was 161.6 in the 3rd
Quarter, of 2011. The 4th Quarter, 2011 index value was 160.1. That's a
decline of 1.59 points or 0.98% below the Wichita Falls Home Price Index all
time high.  The Home Price Index indicates that the Wichita Falls Market is up
30% over the last 10 years. Home Prices in the Wichita Falls Real Estate
Market have lost 0.49% over the last 12 months.

The 4th Quarter index value was 1.59 points lower than the 3rd Quarter, 2011
index value of 161.64, resulting in a 0.98% decline for the 4th Quarter in the
Wichita Falls Market.

The Wichita Falls 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 Wichita Falls Real Estate
Market was 11% in the twelve months ended with the 1st Quarter of 1994. The
worst annual home appreciation rate in the Wichita Falls Market was -7% in the
twelve months ended with the 2nd Quarter of 1988.

The highest home appreciation in the Wichita Falls Real Estate Market over a
three year period was 21% in the three years ended with the 2nd Quarter of
1994. The worst home appreciation over a three year period in the Wichita
Falls Market was -9% in the three years ended with the 4th Quarter of 1990.

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

Historical data on the Wichita Falls Home Price Index is available back to the
2nd Quarter, of 1987. All calculations are based on the quarterly value of the
House Price Index for the Wichita Falls 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 Wichita Falls 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: Wichita Falls, Texas

The appreciation of Wichita Falls 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, Wichita Falls Home Prices had a rank of 329,
with appreciation of -0.98%. 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, Wichita Falls Home Prices had a rank of 73, with
appreciation during the year of -0.49%. 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, Wichita Falls Home Prices
ranked 48, with a total appreciation of 5.0%. 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, Wichita Falls Home
Prices had a rank of 154, 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, Wichita Falls Home
Prices had a rank of 169, 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 Wichita Falls Real
Estate Market is available back to the 2nd Quarter, of 1987. All calculations are
based on the quarterly value of the House Price Index for Wichita Falls. 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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