Cape Coral, FL - House Price Index (HPI)
Cape Coral Real Estate Market Forecast
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The House Price Index (HPI) shows changes in Cape Coral-Fort Myers, FL single family home prices
in
logarithmic scale. The March, 1995 index value equals 100.  Updated Friday, June 19, 2015. Real
estate forecasts, analysis, statistics and appreciation rates are provided below.
10
Cape Coral Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  18498
3rd Quarter, 2014 Housing Statistics: Cape Coral, Florida


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
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 Cape Coral housing market for the 12
months ending with the 3rd Quarter of 2015 is UP. The Accuracy of the Trend
Projection for Cape Coral 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
Cape Coral is 75% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 3rd Quarter of 2015 than they were in the 3rd
Quarter of 2014. Check this page each quarter for updates to the Cape Coral
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      75%

The forecast for the trend in the Cape Coral housing market for the 3 years
ending with the 3rd Quarter of 2017 is UP. The Accuracy of the Trend
Prediction for Cape Coral 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
Cape Coral is 75% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 3rd Quarter of 2017 than they were in the 3rd
Quarter of 2014. Check this page each quarter for updates to the Cape Coral
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2014 Housing Data: Cape Coral, Florida


Historical Home Price Appreciation
Last Quarter                                     -0.36%
Last Year . . . . . . . . . . . . . . . . . . . .  8.5%
Last 5 Years                                     19%
Last 10 Years . . . . . . . . . . . . . . . . . -11%
Last 20 Years                                   81%
Decline From All Time High               41.26%


Annual Home Price Appreciation Rates
1984      5.61%
1985      2.40%
1986      3.67%
1987      1.21%
1988      10.61%
1989      6.71%
1990      2.35%
1991      4.71%
1992      0.82%
1993      1.56%
1994      -1.74%
1995      4.25%
1996      -3.49%
1997      6.17%
1998      3.59%
1999      2.62%
2000      8.86%
2001      11.16%
2002      13.67%
2003      11.58%
2004      21.24%
2005      36.71%
2006      1.96%
2007      -17.37%
2008      -34.28%
2009      -10.65%
2010      1.13%
2011      -2.91%
2012      6.80%
2013      11.71%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -0.36%        Rank: 332 of 381 (12th Percentile)
Last Year  . . . . . . . . . . . . . . . .  8.5%           Rank: 71 of 381 (81st Percentile)
Last 5 Years                              19%            Rank: 33 of 381 (91st Percentile)
Last 10 Years  . . . . . . . . . . . .   -11%           Rank: 349 of 381 (8th Percentile)
Last 20 Years                            81%            Rank: 153 of 378 (59th Percentile)
Decline From All Time High        41.26%

The change in home prices for Cape Coral-Fort Myers, FL are shown above for
five time periods. For example: Cape Coral appreciated -0.36% in the Last
Quarter. At that rate, the Cape Coral Real Estate Market was ranked 332nd out
of 381 metropolitan Real Estate Markets. Cape Coral was in the 12th percentile.
So Cape Coral, FL performed better in the Last Quarter than 12% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2014 Housing Statistics: Cape Coral, Florida

The data and analysis on this page pertains to Cape Coral-Fort Myers, FL,
hereinafter referred to as "Cape Coral". The all time high in the Cape Coral
Home Price Index was 310.0 in the 2nd Quarter, of 2006. The 3rd Quarter,
2014 index value was 182.1. That's a decline of 127.90 points or 41.26% below
the Cape Coral Home Price Index all time high.  The Home Price Index indicates
that the Cape Coral Market is down 11% over the last 10 years. Home prices in
the Cape Coral Real Estate Market have gained 8.50% over the last 12 months.
Over the last thirty years, it is up 146%.

The 3rd Quarter index value was 0.66 points lower than the 2nd Quarter, 2014
index value of 182.72, resulting in a 0.36% decline for the 3rd Quarter in the
Cape Coral Market.

The Cape Coral Home Price Index declined in the last quarter after increasing
in the previous 9 quarters. 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 Cape Coral Real
Estate Market was 37% in the twelve months ended with the 4th Quarter of
2005. The worst annual change in home values  in the Cape Coral Market was
-34% in the twelve months ended with the 4th Quarter of 2008.

The highest growth in home values in the Cape Coral Real Estate Market over
a three year period was 90% in the three years ended with the 1st Quarter of
2006. The worst performance over a three year period in the Cape Coral
Market was -51% in the three years ended with the 4th Quarter of 2009.

This page provides a long term graph of the Cape Coral Home Price Index
(above). For information about Florida 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 Cape Coral 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 Cape Coral 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 Cape Coral 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: Cape Coral, Florida

The trend of Cape Coral 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 Cape Coral-Fort Myers, FL, hereinafter referred to as "Cape Coral".

Last Quarter:
During the 3rd Quarter of 2014, Cape Coral Home Prices had a rank of 332,
with appreciation of -0.36%. 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, Cape Coral Home Prices had a rank of 71, with
appreciation during the year of 8.50%. 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, Cape Coral Home Prices
ranked 33, with a total appreciation of 18.6%. 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, Cape Coral Home Prices
had a rank of 349, with appreciation during the decade of -11%. 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, Cape Coral Home Prices
had a rank of 153, with total growth over the 20 year period of 81%. 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 Cape Coral Real
Estate Market is available back to the 3rd Quarter, of 1984. All calculations are
based on the quarterly value of the House Price Index for Cape Coral. 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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