Brownsville, TX - House Price Index (HPI)
Brownsville Real Estate Market Forecast
100
1000
The House Price Index (HPI) shows changes in Brownsville-Harlingen, TX single family home prices
in
logarithmic scale. The March, 1995 index value equals 100.  Updated Thursday, June 18, 2015.
Real estate forecasts, analysis, statistics and appreciation rates are provided below.
10
Brownsville Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  18490
3rd Quarter, 2014 Housing Statistics: Brownsville, Texas


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      75%

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 Brownsville housing market for the 12
months ending with the 3rd Quarter of 2015 is DOWN. The Accuracy of the
Trend Projection for Brownsville is 75%. In other words, when tested against
historical data, the forecasting methodology was correct 75% of the time.
Accordingly, LittleBigHomes.com estimates that the probability for falling house
prices in Brownsville is 75% during this period. If this Housing Market Forecast
is correct, home prices will be lower in the 3rd Quarter of 2015 than they were
in the 3rd Quarter of 2014. Check this page each quarter for updates to the
Brownsville Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      82%

The forecast for the trend in the Brownsville housing market for the 3 years
ending with the 3rd Quarter of 2017 is DOWN. The Accuracy of the Trend
Prediction for Brownsville 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 falling house prices in
Brownsville is 82% during this period. If this Housing Market Forecast is correct,
home values will be lower in the 3rd Quarter of 2017 than they were in the 3rd
Quarter of 2014. Check this page each quarter for updates to the Brownsville
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2014 Housing Data: Brownsville, Texas


Historical Home Price Appreciation
Last Quarter                                     -1.66%
Last Year . . . . . . . . . . . . . . . . . . . .  -3.5%
Last 5 Years                                     -2%
Last 10 Years . . . . . . . . . . . . . . . . . 8%
Last 20 Years                                   48%
Decline From All Time High               5.01%


Annual Home Price Appreciation Rates
1984        n/a
1985        n/a
1986        n/a
1987        n/a
1988        n/a
1989        n/a
1990      0.77%
1991      6.45%
1992      2.88%
1993      4.90%
1994      4.61%
1995      2.66%
1996      -3.54%
1997      8.89%
1998      0.57%
1999      2.88%
2000      2.85%
2001      6.57%
2002      4.74%
2003      1.04%
2004      0.97%
2005      9.95%
2006      2.00%
2007      3.04%
2008      -0.32%
2009      -0.95%
2010      1.68%
2011      -1.06%
2012      -0.92%
2013      1.29%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -1.66%        Rank: 364 of 381 (4th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -3.5%          Rank: 380 of 381 (Bottom .20%)
Last 5 Years                              -2%             Rank: 256 of 381 (32nd Percentile)
Last 10 Years  . . . . . . . . . . . .   8%              Rank: 212 of 381 (44th Percentile)
Last 20 Years                            48%            Rank: 342 of 378 (9th Percentile)
Decline From All Time High        5.01%

The change in home prices for Brownsville-Harlingen, TX are shown above for
five time periods. For example: Brownsville appreciated -1.66% in the Last
Quarter. At that rate, the Brownsville Real Estate Market was ranked 364th out
of 381 metropolitan Real Estate Markets. Brownsville was in the 4th percentile.
So Brownsville, TX performed better in the Last Quarter than 4% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2014 Housing Statistics: Brownsville, Texas

The data and analysis on this page pertains to Brownsville-Harlingen, TX,
hereinafter referred to as "Brownsville". The all time high in the Brownsville
Home Price Index was 159.1 in the 1st Quarter, of 2009. The 3rd Quarter, 2014
index value was 151.1. That's a decline of 7.97 points or 5.01% below the
Brownsville Home Price Index all time high.  The Home Price Index indicates that
the Brownsville Market is up 8% over the last 10 years. Home Prices in the
Brownsville Real Estate Market have lost 3.47% over the last 12 months.

The 3rd Quarter index value was 2.55 points lower than the 2nd Quarter, 2014
index value of 153.63, resulting in a 1.66% decline for the 3rd Quarter in the
Brownsville Market.

The Brownsville 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 Terre Haute, IN, with declines in the last 3 consecutive
quarters. 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 13 consecutive quarters.

The highest annual change in the value of houses in the Brownsville Real
Estate Market was 10% in the twelve months ended with the 2nd Quarter of
1990. The worst annual change in home values  in the Brownsville Market was
-4% in the twelve months ended with the 3rd Quarter of 2011.

The highest growth in home values in the Brownsville Real Estate Market over a
three year period was 17% in the three years ended with the 1st Quarter of
2003. The worst performance over a three year period in the Brownsville
Market was -4% in the three years ended with the 2nd Quarter of 2012.

This page provides a long term graph of the Brownsville 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 Brownsville 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 Brownsville 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 Brownsville 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
3rd Quarter, 2014 Housing Data: Brownsville, Texas

The trend of Brownsville 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 Brownsville-Harlingen, TX, hereinafter referred to as "Brownsville".

Last Quarter:
During the 3rd Quarter of 2014, Brownsville Home Prices had a rank of 364,
with appreciation of -1.66%. The top performing real estate market during the
3rd Quarter was Johnstown, PA, with a rise of 7.10%. The worst market during
that period was Farmington, NM, with appreciation of -4.09%.
The median for all cities during the 3rd Quarter was 1.44%. The average for all
markets during the quarter was 1.49%.

Last Year:
During the last 12 months, Brownsville Home Prices had a rank of 380, with
appreciation during the year of -3.47%. The top performing market during the
last year was Madera, CA, with an increase of 19.4%. The worst real estate
market during that period was Jacksonville, NC, with appreciation of -4.5%.
The median for all markets during this period was 3.94%. The average was
4.71%.

Last 5 Years:
Over the 5 years ended with the 3rd Quarter of 2014, Brownsville Home Prices
ranked 256, with a total appreciation of -2.1%. The top performing real estate
market during the 5 year period was Merced, CA, with a growth in value of 45%.
The worst market during that period was Ocala, FL, with appreciation of -16%.
The median for all cities during this time period was 1%. The average over the
5 years was 3%.

Last 10 Years:
During the 10 years ended in the 3rd Quarter of 2014, Brownsville Home Prices
had a rank of 212, with appreciation during the decade of 8%. The top
performing market during the period was Midland, TX, with a rise of 129%. The
worst real estate market during the 10 year time period was Las Vegas, NV, with
appreciation of -27%.
The median for all markets during the last 10 years was 10%. The average for
the cities over that time frame was 11%.

Last 20 Years:
During the 20 years ended in the 3rd Quarter of 2014, Brownsville Home Prices
had a rank of 342, with total growth over the 20 year period of 48%. The top
performing real estate market during the period was San Francisco, CA, with an
increase of 229%. The worst market during the last 20 years was Rockford, IL,
with appreciation of 23%.
The median for all cities during the last 20 years was 75%. The average for the
markets over that time frame was 82%.

Historical research data on the Home Price Index for the Brownsville Real Estate
Market is available back to the 2nd Quarter, of 1989. All calculations are based
on the quarterly value of the House Price Index for Brownsville. 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.)





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