Abilene, TX - House Price Index (HPI)
Abilene Real Estate Market Forecast
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The House Price Index (HPI) shows changes in Abilene, TX single family home prices in logarithmic
scale. The March, 1995 index value equals 100.  Real estate forecasts, analysis, statistics and
appreciation rates are provided below.
10
Abilene Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  26824
2nd Quarter, 2017 Housing Statistics: Abilene, Texas


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      81%

LittleBigHomes.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 Abilene housing market for the 12
months ending with the 2nd Quarter of 2018 is UP. The Accuracy of the Trend
Projection for Abilene is 81%. In other words, when tested against historical
data, the forecasting methodology was correct 81% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Abilene is 81% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 2nd Quarter of 2018 than they were in the 2nd
Quarter of 2017. Check this page each quarter for updates to the Abilene Real
Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      82%

The forecast for the trend in the Abilene housing market for the 3 years ending
with the 2nd Quarter of 2020 is UP. The Accuracy of the Trend Prediction for
Abilene is 82%. In other words, when tested against historical data, the
forecasting methodology was correct 82% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Abilene is 82% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 2nd Quarter of 2020 than they were in the 2nd
Quarter of 2017. Check this page each quarter for updates to the Abilene Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
2nd Quarter, 2017 Housing Data: Abilene, Texas


Historical Home Price Appreciation
Last Quarter                                     7.80%
Last Year . . . . . . . . . . . . . . . . . . . .  6.5%
Last 5 Years                                     25%
Last 10 Years . . . . . . . . . . . . . . . . . 30%
Last 20 Years                                   100%



Annual Home Price Appreciation Rates
1987      -4.46%
1988      -7.95%
1989      -9.83%
1990      8.26%
1991      2.24%
1992      10.25%
1993      7.27%
1994      -2.08%
1995      4.76%
1996      4.30%
1997      3.61%
1998      1.85%
1999      3.79%
2000      1.64%
2001      4.80%
2002      2.52%
2003      -0.09%
2004      6.62%
2005      7.70%
2006      8.73%
2007      3.53%
2008      3.26%
2009      0.24%
2010      0.69%
2011      -1.61%
2012      2.02%
2013      5.75%
2014      4.53%
2015      2.99%
2016      6.69%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              7.80%         Rank: 5 of 381 (98th Percentile)
Last Year  . . . . . . . . . . . . . . . .  6.5%           Rank: 143 of 381 (62nd Percentile)
Last 5 Years                              25%            Rank: 134 of 381 (65th Percentile)
Last 10 Years  . . . . . . . . . . . .   30%            Rank: 23 of 381 (94th Percentile)
Last 20 Years                            100%          Rank: 123 of 379 (67th Percentile)


The change in home prices for Abilene, TX are shown above for five time
periods. For example: Abilene appreciated 7.80% in the Last Quarter. At that
rate, the Abilene Real Estate Market was ranked 5th out of 381 metropolitan
Real Estate Markets. Abilene was in the 98th percentile. So Abilene, TX
performed better in the Last Quarter than 98% of the 381 metropolitan areas
covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
2nd Quarter, 2017 Housing Statistics: Abilene, Texas

The all time high in the Abilene Home Price Index was 212.4 in the 2nd Quarter,
of 2017.  The Home Price Index indicates that the Abilene Market is up 30%
over the last 10 years. Home prices in the Abilene Real Estate Market have
gained 6.51% over the last 12 months. Over the last thirty years, it is up 110%.

The 2nd Quarter index value was 15.36 points higher than the 1st Quarter,
2017 index value of 197.01, resulting in a 7.80% rise in the 2nd Quarter for the
Abilene Market.

The Abilene Home Price Index increased in the last quarter after falling in the
previous quarter. The current record holders for consecutive increases in the
Home Price Index are Phoenix, AZ; Houston, TX and Boise City, ID, with
increases in the last 24 consecutive quarters. The current record holders for
consecutive declines in the Home Price Index are Manhattan, KS and Longview,
TX, with declines in the last 3 consecutive quarters.

The highest annual change in the value of houses in the Abilene Real Estate
Market was 11% in the twelve months ended with the 1st Quarter of 1992. The
worst annual change in home values  in the Abilene Market was -19% in the
twelve months ended with the 1st Quarter of 1988.

The highest growth in home values in the Abilene Real Estate Market over a
three year period was 25% in the three years ended with the 1st Quarter of
2007. The worst performance over a three year period in the Abilene Market
was -21% in the three years ended with the 3rd Quarter of 1989.

This page provides a long term graph of the Abilene Home Price Index (above).
For information about Texas home values, click Real Estate Market Forecasts
in the navigation bar at the top of this page.  You'll see long term charts and
analysis that will provide tremendous insight into the historical trends of
residential property values. Bookmark this page! Then LittleBigHomes.com's
detailed research and statistics about Abilene Home Prices will be at your
fingertips when you need them.

All calculations are based on the quarterly value of the House Price Index for
the Abilene 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 Abilene 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
2nd Quarter, 2017 Housing Data: Abilene, Texas

The trend of Abilene 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 2nd Quarter of 2017, Abilene Home Prices had a rank of 5, with
appreciation of 7.80%. The top performing real estate market during the 2nd
Quarter was Weirton, OH, with a rise of 14.58%. The worst market during that
period was Bangor, ME, with appreciation of -4.77%.
The median for all cities during the 2nd Quarter was 2.58%. The average for all
markets during the quarter was 2.50%.

Last Year:
During the last 12 months, Abilene Home Prices had a rank of 143, with
appreciation during the year of 6.51%. The top performing market during the
last year was Mount Vernon, WA, with an increase of 15.1%. The worst real
estate market during that period was Pine Bluff, AR, with appreciation of -7.9%.
The median for all markets during this period was 5.39%. The average was
5.53%.

Last 5 Years:
Over the 5 years ended with the 2nd Quarter of 2017, Abilene Home Prices
ranked 134, with a total appreciation of 25.5%. The top performing real estate
market during the 5 year period was Reno, NV, with a growth in value of 93%.
The worst market during that period was Jacksonville, NC, with appreciation of
-3%.
The median for all cities during this time period was 18%. The average over the
5 years was 25%.

Last 10 Years:
During the 10 years ended in the 2nd Quarter of 2017, Abilene Home Prices
had a rank of 23, with appreciation during the decade of 30%. The top
performing market during the period was Austin, TX, with a rise of 62%. The
worst real estate market during the 10 year time period was Atlantic City, NJ,
with appreciation of -29%.
The median for all markets during the last 10 years was 4%. The average for
the cities over that time frame was 5%.

Last 20 Years:
During the 20 years ended in the 2nd Quarter of 2017, Abilene Home Prices
had a rank of 123, with total growth over the 20 year period of 100%. The top
performing real estate market during the period was San Francisco, CA, with an
increase of 289%. The worst market during the last 20 years was Saginaw, MI,
with appreciation of 20%.
The median for all cities during the last 20 years was 79%. The average for the
markets over that time frame was 89%.

Historical research data on the Home Price Index for the Abilene Real Estate
Market is available back to the 3rd Quarter, of 1986. All calculations are based
on the quarterly value of the House Price Index for Abilene. Real estate
appreciation figures represent total net increase or decrease over each time
period. (Unless specifically stated, the figures do not represent annual or
quarterly rates of change.)



Data Source for Commentary & Charts: Federal Housing Finance Agency
Updated Tuesday, October 17, 2017.
SignalTrend  Inc. 2008 - 2017; All rights reserved.


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