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  27079
2nd 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 2nd 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 2nd Quarter of 2018 than they were in the 2nd
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 2nd 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 2nd Quarter of 2020 than they were in the 2nd
Quarter of 2017. Check this page each quarter for updates to the Orlando Real
Estate Market Forecast.




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


Historical Home Price Appreciation
Last Quarter                         3.69%
Last Year                              12.5%
Last 5 Years                         62%
Last 10 Years                       -16%
Last 20 Years                       120%
Decline From All Time High   16.75%


Annual Home Price Appreciation Rates
1987      2.07%
1988      4.76%
1989      4.26%
1990      0.68%
1991      3.08%
1992      1.76%
1993      1.72%
1994      -2.36%
1995      3.01%
1996      1.21%
1997      4.71%
1998      4.56%
1999      3.95%
2000      7.71%
2001      8.84%
2002      7.71%
2003      8.38%
2004      16.81%
2005      32.47%
2006      10.93%
2007      -5.56%
2008      -20.53%
2009      -16.70%
2010      -7.81%
2011      -6.96%
2012      -0.29%
2013      12.79%
2014      8.77%
2015      9.49%
2016      9.42%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              3.69%         Rank: 102 of 381 (73rd Percentile)
Last Year  . . . . . . . . . . . . . . . .  12.5%          Rank: 12 of 381 (97th Percentile)
Last 5 Years                              62%            Rank: 32 of 381 (91st Percentile)
Last 10 Years  . . . . . . . . . . . .   -16%           Rank: 351 of 381 (7th Percentile)
Last 20 Years                            120%          Rank: 77 of 379 (79th Percentile)
Decline From All Time High        16.75%

The change in home prices for Orlando-Kissimmee-Sanford, FL are shown
above for five time periods. For example: Orlando appreciated 3.69% in the
Last Quarter. At that rate, the Orlando Real Estate Market was ranked 102nd
out of 381 metropolitan Real Estate Markets. Orlando was in the 73rd
percentile. So Orlando, FL performed better in the Last Quarter than 73% of
the 381 metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
2nd 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 280.9 in the 1st Quarter, of 2007. The 2nd Quarter, 2017 index
value was 233.9. That's a decline of 47.05 points or 16.75% below the Orlando
Home Price Index all time high.  The Home Price Index indicates that the
Orlando Market is down 16% over the last 10 years. Home prices in the Orlando
Real Estate Market have gained 12.47% over the last 12 months. Over the last
thirty years, it is up 169%.

The 2nd Quarter index value was 8.32 points higher than the 1st Quarter, 2017
index value of 225.55, resulting in a 3.69% rise in the 2nd Quarter for the
Orlando Market.

The Orlando Home Price Index has increased for the last 20 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 24 consecutive quarters. The current record holders for consecutive
declines in the Home Price Index are Manhattan, KS and Longview, TX, with
declines in the last 3 consecutive quarters.

The highest annual change in the value of houses in the Orlando Real Estate
Market was 32% 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
2nd 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 2nd Quarter of 2017, Orlando Home Prices had a rank of 102, with
appreciation of 3.69%. The top performing real estate market during the 2nd
Quarter was Weirton, OH, with a rise of 14.58%. The worst market during that
period was Bangor, ME, with appreciation of -4.77%.
The median for all cities during the 2nd Quarter was 2.58%. The average for all
markets during the quarter was 2.50%.

Last Year:
During the last 12 months, Orlando Home Prices had a rank of 12, with
appreciation during the year of 12.47%. The top performing market during the
last year was Mount Vernon, WA, with an increase of 15.1%. The worst real
estate market during that period was Pine Bluff, AR, with appreciation of -7.9%.
The median for all markets during this period was 5.39%. The average was
5.53%.

Last 5 Years:
Over the 5 years ended with the 2nd Quarter of 2017, Orlando Home Prices
ranked 32, with a total appreciation of 62.1%. The top performing real estate
market during the 5 year period was Reno, NV, with a growth in value of 93%.
The worst market during that period was Jacksonville, NC, with appreciation of
-3%.
The median for all cities during this time period was 18%. The average over the
5 years was 25%.

Last 10 Years:
During the 10 years ended in the 2nd Quarter of 2017, Orlando Home Prices
had a rank of 351, with appreciation during the decade of -16%. The top
performing market during the period was Austin, TX, with a rise of 62%. The
worst real estate market during the 10 year time period was Atlantic City, NJ,
with appreciation of -29%.
The median for all markets during the last 10 years was 4%. The average for
the cities over that time frame was 5%.

Last 20 Years:
During the 20 years ended in the 2nd Quarter of 2017, Orlando Home Prices
had a rank of 77, 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 289%. The worst market during the last 20 years was Saginaw, MI,
with appreciation of 20%.
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 Thursday, November 9, 2017.
SignalTrend  Inc. 2008 - 2017; All rights reserved.


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