Brownsville, TX - House Price Index (HPI)
Brownsville Real Estate Market Forecast
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.  Real estate forecasts, analysis,
statistics and appreciation rates are provided below.
Brownsville Real Estate Market: Trend Outlook, Analysis & Statistics
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Commentary  1012.56
1st Quarter, 2018 Housing Statistics: Brownsville, Texas


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      72%

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 1st Quarter of 2019 is UP. The Accuracy of the Trend
Projection for Brownsville is 72%. In other words, when tested against historical
data, the forecasting methodology was correct 72% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Brownsville is 72% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 1st Quarter of 2019 than they were in the 1st
Quarter of 2018. Check this page each quarter for updates to the Brownsville
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      75%

The forecast for the trend in the Brownsville housing market for the 3 years
ending with the 1st Quarter of 2021 is UP. The Accuracy of the Trend
Prediction 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 rising house prices in
Brownsville is 75% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 1st Quarter of 2021 than they were in the 1st
Quarter of 2018. Check this page each quarter for updates to the Brownsville
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
1st Quarter, 2018 Housing Data: Brownsville, Texas


Historical Home Price Appreciation
Last Quarter                                     -0.43%
Last Year . . . . . . . . . . . . . . . . . . . .  1.8%
Last 5 Years                                     10%
Last 10 Years . . . . . . . . . . . . . . . . . 9%
Last 20 Years                                   54%
Decline From All Time High               1.93%


Annual Home Price Appreciation Rates
1988        n/a
1989        n/a
1990      -2.06%
1991      6.86%
1992      2.96%
1993      4.81%
1994      4.81%
1995      2.66%
1996      -3.94%
1997      9.35%
1998      0.49%
1999      2.72%
2000      2.75%
2001      6.84%
2002      4.67%
2003      0.97%
2004      1.22%
2005      10.08%
2006      1.66%
2007      2.96%
2008      -0.09%
2009      -0.89%
2010      1.53%
2011      -1.01%
2012      -1.26%
2013      -0.57%
2014      2.95%
2015      1.64%
2016      3.71%
2017      2.37%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -0.43%        Rank: 309 of 381 (18th Percentile)
Last Year  . . . . . . . . . . . . . . . .  1.8%           Rank: 339 of 381 (11th Percentile)
Last 5 Years                              10%            Rank: 309 of 381 (18th Percentile)
Last 10 Years  . . . . . . . . . . . .   9%              Rank: 180 of 381 (52nd Percentile)
Last 20 Years                            54%            Rank: 292 of 379 (23rd Percentile)
Decline From All Time High        1.93%

The change in home prices for Brownsville-Harlingen, TX are shown above for
five time periods. For example: Brownsville appreciated -0.43% in the Last
Quarter. At that rate, the Brownsville Real Estate Market was ranked 309th out
of 381 metropolitan Real Estate Markets. Brownsville was in the 18th percentile.
So Brownsville, TX performed better in the Last Quarter than 18% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
1st Quarter, 2018 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 170.8 in the 3rd Quarter, of 2017. The 1st Quarter, 2018
index value was 167.5. That's a decline of 3.30 points or 1.93% below the
Brownsville Home Price Index all time high.  The Home Price Index indicates that
the Brownsville Market is up 9% over the last 10 years. Home prices in the
Brownsville Real Estate Market have gained 1.77% over the last 12 months.

The 1st Quarter index value was 0.72 points lower than the 4th Quarter, 2017
index value of 168.17, resulting in a 0.43% decline for the 1st Quarter in the
Brownsville Market.

The Brownsville Home Price Index has declined for the last 2 consecutive
quarters. The current record holders for consecutive declines in the Home Price
Index are Tallahassee, FL; Syracuse, NY; Sioux City, IA; Shreveport, LA and
Peoria, IL, 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 27 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 2nd Quarter of 1991.

The highest growth in home values in the Brownsville Real Estate Market over a
three year period was 19% in the three years ended with the 3rd Quarter of
1993. 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
1st Quarter, 2018 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 1st Quarter of 2018, Brownsville Home Prices had a rank of 309,
with appreciation of -0.43%. The top performing real estate market during the
1st Quarter was Goldsboro, NC, with a rise of 9.78%. The worst market during
that period was Cumberland, MD, with appreciation of -9.30%.
The median for all cities during the 1st Quarter was 1.15%. The average for all
markets during the quarter was 0.97%.

Last Year:
During the last 12 months, Brownsville Home Prices had a rank of 339, with
appreciation during the year of 1.77%. The top performing market during the
last year was Boise City, ID, with an increase of 15.3%. The worst real estate
market during that period was Farmington, NM, with appreciation of -6.0%.
The median for all markets during this period was 5.97%. The average was
5.82%.

Last 5 Years:
Over the 5 years ended with the 1st Quarter of 2018, Brownsville Home Prices
ranked 309, with a total appreciation of 9.8%. The top performing real estate
market during the 5 year period was Reno, NV, with a growth in value of 90%.
The worst market during that period was Farmington, NM, with appreciation of
-4%.
The median for all cities during this time period was 20%. The average over the
5 years was 26%.

Last 10 Years:
During the 10 years ended in the 1st Quarter of 2018, Brownsville Home Prices
had a rank of 180, with appreciation during the decade of 9%. The top
performing market during the period was Denver, CO, with a rise of 69%. The
worst real estate market during the 10 year time period was Atlantic City, NJ,
with appreciation of -26%.
The median for all markets during the last 10 years was 8%. The average for
the cities over that time frame was 9%.

Last 20 Years:
During the 20 years ended in the 1st Quarter of 2018, Brownsville Home Prices
had a rank of 292, with total growth over the 20 year period of 54%. The top
performing real estate market during the period was San Francisco, CA, with an
increase of 282%. The worst market during the last 20 years was Rockford, IL,
with appreciation of 18%.
The median for all cities during the last 20 years was 79%. The average for the
markets over that time frame was 88%.

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.)



Data Source for Commentary & Charts: Federal Housing Finance Agency
Updated Wednesday, June 13, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.


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