Lake Havasu City, AZ - House Price Index (HPI)
Lake Havasu City Real Estate Market Forecast
100
1000
The House Price Index (HPI) shows changes in Lake Havasu City-Kingman, AZ 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.
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Lake Havasu City Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  390.56
4th Quarter, 2017 Housing Statistics: Lake Havasu City, Arizona


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      68%

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 Lake Havasu City housing market for
the 12 months ending with the 4th Quarter of 2018 is UP. The Accuracy of the
Trend Projection for Lake Havasu City is 68%. In other words, when tested
against historical data, the forecasting methodology was correct 68% of the
time. Accordingly, LittleBigHomes.com estimates that the probability for rising
house prices in Lake Havasu City is 68% during this period. If this Housing
Market Forecast is correct, home prices will be higher in the 4th Quarter of
2018 than they were in the 4th Quarter of 2017. Check this page each quarter
for updates to the Lake Havasu City Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      63%

The forecast for the trend in the Lake Havasu City housing market for the 3
years ending with the 4th Quarter of 2020 is UP. The Accuracy of the Trend
Prediction for Lake Havasu City is 63%. In other words, when tested against
historical data, the forecasting methodology was correct 63% of the time.
Accordingly, LittleBigHomes.com estimates that the probability for rising house
prices in Lake Havasu City is 63% during this period. If this Housing Market
Forecast is correct, home values will be higher in the 4th Quarter of 2020 than
they were in the 4th Quarter of 2017. Check this page each quarter for updates
to the Lake Havasu City Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2017 Housing Data: Lake Havasu City, Arizona


Historical Home Price Appreciation
Last Quarter                         1.99%
Last Year                              10.3%
Last 5 Years                         45%
Last 10 Years                       -7%
Last 20 Years                       105%
Decline From All Time High   16.02%


Annual Home Price Appreciation Rates
1988      1.71%
1989      8.02%
1990      15.31%
1991      7.36%
1992      -0.50%
1993      1.63%
1994      -5.74%
1995      3.60%
1996      -1.45%
1997      2.24%
1998      2.55%
1999      -3.56%
2000      7.40%
2001      6.96%
2002      10.97%
2003      16.60%
2004      25.07%
2005      22.80%
2006      7.28%
2007      -9.10%
2008      -19.65%
2009      -13.71%
2010      -8.64%
2011      -3.30%
2012      4.70%
2013      7.37%
2014      8.60%
2015      7.01%
2016      5.30%
2017      10.27%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              1.99%         Rank: 78 of 381 (79th Percentile)
Last Year  . . . . . . . . . . . . . . . .  10.3%          Rank: 35 of 381 (91st Percentile)
Last 5 Years                              45%            Rank: 71 of 381 (81st Percentile)
Last 10 Years  . . . . . . . . . . . .   -7%            Rank: 324 of 381 (15th Percentile)
Last 20 Years                            105%          Rank: 110 of 379 (71st Percentile)
Decline From All Time High        16.02%

The change in home prices for Lake Havasu City-Kingman, AZ are shown
above for five time periods. For example: Lake Havasu City appreciated 1.99%
in the Last Quarter. At that rate, the Lake Havasu City Real Estate Market was
ranked 78th out of 381 metropolitan Real Estate Markets. Lake Havasu City
was in the 79th percentile. So Lake Havasu City, AZ performed better in the
Last Quarter than 79% of the 381 metropolitan areas covered in
LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2017 Housing Statistics: Lake Havasu City, Arizona

The data and analysis on this page pertains to Lake Havasu City-Kingman, AZ,
hereinafter referred to as "Lake Havasu City". The all time high in the Lake
Havasu City Home Price Index was 260.0 in the 3rd Quarter, of 2006. The 4th
Quarter, 2017 index value was 218.3. That's a decline of 41.65 points or
16.02% below the Lake Havasu City Home Price Index all time high.  The Home
Price Index indicates that the Lake Havasu City Market is down 7% over the last
10 years. Home prices in the Lake Havasu City Real Estate Market have gained
10.27% over the last 12 months. Over the last thirty years, it is up 177%.

The 4th Quarter index value was 4.25 points higher than the 3rd Quarter, 2017
index value of 214.06, resulting in a 1.99% rise in the 4th Quarter for the Lake
Havasu City Market.

The Lake Havasu City Home Price Index has increased for the last 5
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 26 consecutive quarters. The current record holders for
consecutive declines in the Home Price Index are Victoria, TX; Topeka, KS;
Texarkana, TX-AR; Springfield, MA and Peoria, IL, with declines in the last 2
consecutive quarters.

The highest annual change in the value of houses in the Lake Havasu City Real
Estate Market was 28% in the twelve months ended with the 3rd Quarter of
2004. The worst annual change in home values  in the Lake Havasu City
Market was -20% in the twelve months ended with the 4th Quarter of 2008.

The highest growth in home values in the Lake Havasu City Real Estate Market
over a three year period was 82% in the three years ended with the 2nd
Quarter of 2006. The worst performance over a three year period in the Lake
Havasu City Market was -41% in the three years ended with the 2nd Quarter of
2010.

This page provides a long term graph of the Lake Havasu City Home Price
Index (above). For information about Arizona 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 Lake Havasu City
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 Lake Havasu City 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 Lake Havasu City 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
4th Quarter, 2017 Housing Data: Lake Havasu City, Arizona

The trend of Lake Havasu City 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 Lake Havasu City-Kingman, AZ, hereinafter referred to as "Lake Havasu City".

Last Quarter:
During the 4th Quarter of 2017, Lake Havasu City Home Prices had a rank of
78, with appreciation of 1.99%. The top performing real estate market during
the 4th Quarter was Gadsden, AL, with a rise of 13.11%. The worst market
during that period was Hinesville, GA, with appreciation of -6.79%.
The median for all cities during the 4th Quarter was 0.75%. The average for all
markets during the quarter was 0.69%.

Last Year:
During the last 12 months, Lake Havasu City Home Prices had a rank of 35,
with appreciation during the year of 10.27%. The top performing market during
the last year was Sebastian, FL, with an increase of 16.4%. The worst real
estate market during that period was Goldsboro, NC, with appreciation of -6.9%.
The median for all markets during this period was 5.37%. The average was
5.53%.

Last 5 Years:
Over the 5 years ended with the 4th Quarter of 2017, Lake Havasu City Home
Prices ranked 71, with a total appreciation of 44.9%. The top performing real
estate market during the 5 year period was Reno, NV, with a growth in value of
94%. The worst market during that period was Goldsboro, NC, with appreciation
of -5%.
The median for all cities during this time period was 19%. The average over the
5 years was 25%.

Last 10 Years:
During the 10 years ended in the 4th Quarter of 2017, Lake Havasu City Home
Prices had a rank of 324, with appreciation during the decade of -7%. The top
performing market during the period was Denver, CO, with a rise of 65%. The
worst real estate market during the 10 year time period was Atlantic City, NJ,
with appreciation of -27%.
The median for all markets during the last 10 years was 7%. The average for
the cities over that time frame was 8%.

Last 20 Years:
During the 20 years ended in the 4th Quarter of 2017, Lake Havasu City Home
Prices had a rank of 110, with total growth over the 20 year period of 105%.
The top performing real estate market during the period was San Francisco,
CA, with an increase of 280%. The worst market during the last 20 years was
Saginaw, MI, 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 89%.

Historical research data on the Home Price Index for the Lake Havasu City Real
Estate Market is available back to the 4th Quarter, of 1986. All calculations are
based on the quarterly value of the House Price Index for Lake Havasu City.
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 Monday, April 2, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.


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