Orlando, FL - House Price Index (HPI)
Orlando Real Estate Market - Home Price Forecast
The House Price Index (HPI) shows changes in Orlando-Kissimmee-Sanford, FL 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.
Orlando Real Estate Market: Trend Outlook, Analysis & Statistics
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Commentary  457.56
4th Quarter, 2017 Housing Statistics: Orlando, Florida


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      88%

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 Orlando housing market for the 12
months ending with the 4th Quarter of 2018 is UP. The Accuracy of the Trend
Projection for Orlando is 88%. In other words, when tested against historical
data, the forecasting methodology was correct 88% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Orlando is 88% 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 Orlando Real
Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      85%

The forecast for the trend in the Orlando housing market for the 3 years ending
with the 4th Quarter of 2020 is UP. The Accuracy of the Trend Prediction for
Orlando is 85%. In other words, when tested against historical data, the
forecasting methodology was correct 85% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Orlando is 85% 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 Orlando Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2017 Housing Data: Orlando, Florida


Historical Home Price Appreciation
Last Quarter                         1.98%
Last Year                              10.2%
Last 5 Years                         62%
Last 10 Years                       -9%
Last 20 Years                       120%
Decline From All Time High   14.25%


Annual Home Price Appreciation Rates
1988      4.76%
1989      4.26%
1990      0.68%
1991      3.10%
1992      1.73%
1993      1.72%
1994      -2.35%
1995      2.97%
1996      1.23%
1997      4.68%
1998      4.57%
1999      3.94%
2000      7.72%
2001      8.84%
2002      7.70%
2003      8.38%
2004      16.81%
2005      32.50%
2006      10.91%
2007      -5.52%
2008      -20.58%
2009      -16.73%
2010      -7.77%
2011      -7.09%
2012      -0.17%
2013      12.73%
2014      8.70%
2015      9.39%
2016      9.32%
2017      10.23%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              1.98%         Rank: 79 of 381 (79th Percentile)
Last Year  . . . . . . . . . . . . . . . .  10.2%          Rank: 36 of 381 (90th Percentile)
Last 5 Years                              62%            Rank: 33 of 381 (91st Percentile)
Last 10 Years  . . . . . . . . . . . .   -9%            Rank: 332 of 381 (12th Percentile)
Last 20 Years                            120%          Rank: 76 of 379 (80th Percentile)
Decline From All Time High        14.25%

The change in home prices for Orlando-Kissimmee-Sanford, FL are shown
above for five time periods. For example: Orlando appreciated 1.98% in the
Last Quarter. At that rate, the Orlando Real Estate Market was ranked 79th out
of 381 metropolitan Real Estate Markets. Orlando was in the 79th percentile. So
Orlando, FL 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: Orlando, Florida

The data and analysis on this page pertains to Orlando-Kissimmee-Sanford,
FL, hereinafter referred to as "Orlando". The all time high in the Orlando Home
Price Index was 281.0 in the 1st Quarter, of 2007. The 4th Quarter, 2017 index
value was 241.0. That's a decline of 40.04 points or 14.25% below the Orlando
Home Price Index all time high.  The Home Price Index indicates that the
Orlando Market is down 9% over the last 10 years. Home prices in the Orlando
Real Estate Market have gained 10.23% over the last 12 months. Over the last
thirty years, it is up 176%.

The 4th Quarter index value was 4.69 points higher than the 3rd Quarter, 2017
index value of 236.30, resulting in a 1.98% rise in the 4th Quarter for the
Orlando Market.

The Orlando Home Price Index has increased for the last 22 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 Orlando Real Estate
Market was 33% in the twelve months ended with the 4th Quarter of 2005. The
worst annual change in home values  in the Orlando Market was -21% in the
twelve months ended with the 4th Quarter of 2008.

The highest growth in home values in the Orlando Real Estate Market over a
three year period was 76% in the three years ended with the 2nd Quarter of
2006. The worst performance over a three year period in the Orlando Market
was -41% in the three years ended with the 2nd Quarter of 2010.

This page provides a long term graph of the Orlando 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 Orlando 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 Orlando 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 Orlando 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: Orlando, Florida

The trend of Orlando 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 Orlando-Kissimmee-Sanford, FL, hereinafter referred to as "Orlando".

Last Quarter:
During the 4th Quarter of 2017, Orlando Home Prices had a rank of 79, with
appreciation of 1.98%. 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, Orlando Home Prices had a rank of 36, with
appreciation during the year of 10.23%. 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, Orlando Home Prices
ranked 33, with a total appreciation of 61.5%. 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, Orlando Home Prices
had a rank of 332, with appreciation during the decade of -9%. 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, Orlando Home Prices
had a rank of 76, with total growth over the 20 year period of 120%. 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 Orlando Real Estate
Market is available back to the 4th Quarter, of 1978. All calculations are based
on the quarterly value of the House Price Index for Orlando. 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 Tuesday, April 10, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.


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