Fayetteville, NC - House Price Index (HPI)
Fayetteville Real Estate Market Forecast  (NC)
The House Price Index (HPI) shows changes in Fayetteville, NC 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.
Fayetteville Real Estate Market: Trend Outlook, Analysis & Statistics
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Commentary  1078.56
1st Quarter, 2018 Housing Statistics: Fayetteville, North Carolina


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      77%

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 Fayetteville housing market for the 12
months ending with the 1st Quarter of 2019 is UP. The Accuracy of the Trend
Projection for Fayetteville is 77%. In other words, when tested against historical
data, the forecasting methodology was correct 77% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Fayetteville is 77% 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 Fayetteville
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      82%

The forecast for the trend in the Fayetteville housing market for the 3 years
ending with the 1st Quarter of 2021 is UP. The Accuracy of the Trend
Prediction for Fayetteville 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
Fayetteville is 82% 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 Fayetteville
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
1st Quarter, 2018 Housing Data: Fayetteville, North Carolina


Historical Home Price Appreciation
Last Quarter                                     1.64%
Last Year . . . . . . . . . . . . . . . . . . . .  4.9%
Last 5 Years                                     1%
Last 10 Years . . . . . . . . . . . . . . . . . 0%
Last 20 Years                                   36%
Decline From All Time High               2.50%


Annual Home Price Appreciation Rates
1988      4.77%
1989      3.49%
1990      3.32%
1991      2.23%
1992      3.28%
1993      2.98%
1994      2.14%
1995      6.04%
1996      1.17%
1997      4.92%
1998      1.35%
1999      -1.46%
2000      3.73%
2001      3.87%
2002      1.69%
2003      1.23%
2004      5.71%
2005      6.45%
2006      7.25%
2007      2.03%
2008      2.94%
2009      -0.30%
2010      0.64%
2011      -0.60%
2012      -0.66%
2013      -3.00%
2014      -1.52%
2015      0.46%
2016      2.11%
2017      -0.76%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              1.64%         Rank: 145 of 381 (62nd Percentile)
Last Year  . . . . . . . . . . . . . . . .  4.9%           Rank: 239 of 381 (37th Percentile)
Last 5 Years                              1%              Rank: 372 of 381 (2nd Percentile)
Last 10 Years  . . . . . . . . . . . .   0%              Rank: 280 of 381 (26th Percentile)
Last 20 Years                            36%            Rank: 354 of 379 (6th Percentile)
Decline From All Time High        2.50%

The change in home prices for Fayetteville, NC are shown above for five time
periods. For example: Fayetteville appreciated 1.64% in the Last Quarter. At
that rate, the Fayetteville Real Estate Market was ranked 145th out of 381
metropolitan Real Estate Markets. Fayetteville was in the 62nd percentile. So
Fayetteville, NC performed better in the Last Quarter than 62% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
1st Quarter, 2018 Housing Statistics: Fayetteville, North Carolina

The all time high in the Fayetteville Home Price Index was 152.8 in the 3rd
Quarter, of 2010. The 1st Quarter, 2018 index value was 149.0. That's a
decline of 3.82 points or 2.50% below the Fayetteville Home Price Index all time
high.  The Home Price Index indicates that the Fayetteville Market is up 0% over
the last 10 years. Home prices in the Fayetteville Real Estate Market have
gained 4.93% over the last 12 months. Over the last thirty years, it is up 97%.

The 1st Quarter index value was 2.41 points higher than the 4th Quarter, 2017
index value of 146.61, resulting in a 1.64% rise in the 1st Quarter for the
Fayetteville Market.

The Fayetteville Home Price Index has increased for the last 2 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 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 highest annual change in the value of houses in the Fayetteville Real
Estate Market was 8% in the twelve months ended with the 2nd Quarter of
2006. The worst annual change in home values  in the Fayetteville Market was
-4% in the twelve months ended with the 1st Quarter of 2016.

The highest growth in home values in the Fayetteville Real Estate Market over
a three year period was 21% in the three years ended with the 4th Quarter of
2006. The worst performance over a three year period in the Fayetteville
Market was -7% in the three years ended with the 3rd Quarter of 2013.

This page provides a long term graph of the Fayetteville Home Price Index
(above). For information about North Carolina 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 Fayetteville 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 Fayetteville 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 Fayetteville 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: Fayetteville, North Carolina

The trend of Fayetteville 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 1st Quarter of 2018, Fayetteville Home Prices had a rank of 145,
with appreciation of 1.64%. 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, Fayetteville Home Prices had a rank of 239, with
appreciation during the year of 4.93%. 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, Fayetteville Home Prices
ranked 372, with a total appreciation of 1.3%. 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, Fayetteville Home Prices
had a rank of 280, with appreciation during the decade of 0%. 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, Fayetteville Home Prices
had a rank of 354, with total growth over the 20 year period of 36%. 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 Fayetteville Real
Estate Market is available back to the 1st Quarter, of 1988. All calculations are
based on the quarterly value of the House Price Index for Fayetteville. 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 20, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.


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