Pine Bluff, AR - House Price Index (HPI)
Pine Bluff Real Estate Market - Home Price Forecast
The House Price Index (HPI) shows changes in Pine Bluff, AR 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.
Pine Bluff Real Estate Market: Trend Outlook, Analysis & Statistics
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Commentary  27855
3rd Quarter, 2017 Housing Statistics: Pine Bluff, Arkansas


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      61%

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 Pine Bluff housing market for the 12
months ending with the 3rd Quarter of 2018 is UP. The Accuracy of the Trend
Projection for Pine Bluff is 61%. In other words, when tested against historical
data, the forecasting methodology was correct 61% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in Pine
Bluff is 61% during this period. If this Housing Market Forecast is correct, home
prices will be higher in the 3rd Quarter of 2018 than they were in the 3rd
Quarter of 2017. Check this page each quarter for updates to the Pine Bluff
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      71%

The forecast for the trend in the Pine Bluff housing market for the 3 years
ending with the 3rd Quarter of 2020 is UP. The Accuracy of the Trend
Prediction for Pine Bluff is 71%. In other words, when tested against historical
data, the forecasting methodology was correct 71% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in Pine
Bluff is 71% during this period. If this Housing Market Forecast is correct, home
values will be higher in the 3rd Quarter of 2020 than they were in the 3rd
Quarter of 2017. Check this page each quarter for updates to the Pine Bluff
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2017 Housing Data: Pine Bluff, Arkansas


Historical Home Price Appreciation
Last Quarter                         7.86%
Last Year                              9.7%
Last 5 Years                         8%
Last 10 Years                       4%
Last 20 Years                       56%



Annual Home Price Appreciation Rates
1987        n/a
1988        n/a
1989        n/a
1990        n/a
1991        n/a
1992        n/a
1993        n/a
1994      3.28%
1995      -0.18%
1996      6.00%
1997      0.20%
1998      3.64%
1999      9.32%
2000      -2.41%
2001      4.75%
2002      4.01%
2003      4.46%
2004      6.58%
2005      2.57%
2006      5.41%
2007      5.60%
2008      -1.85%
2009      -1.00%
2010      -0.50%
2011      -2.15%
2012      -0.31%
2013      2.94%
2014      -1.47%
2015      3.31%
2016      -1.98%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              7.86%         Rank: 1 of 381 (100th Percentile)
Last Year  . . . . . . . . . . . . . . . .  9.7%          Rank: 50 of 381 (87th Percentile)
Last 5 Years                              8%              Rank: 319 of 381 (16th Percentile)
Last 10 Years  . . . . . . . . . . . .   4%              Rank: 210 of 381 (45th Percentile)
Last 20 Years                            56%            Rank: 295 of 379 (22nd Percentile)


The change in home prices for Pine Bluff, AR are shown above for five time
periods. For example: Pine Bluff appreciated 7.86% in the Last Quarter. At that
rate, the Pine Bluff Real Estate Market was ranked 1st out of 381 metropolitan
Real Estate Markets. Pine Bluff was in the 100th percentile. So Pine Bluff, AR
performed better in the Last Quarter than 100% of the 381 metropolitan areas
covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2017 Housing Statistics: Pine Bluff, Arkansas

The all time high in the Pine Bluff Home Price Index was 171.0 in the 3rd
Quarter, of 2017.  The Home Price Index indicates that the Pine Bluff Market is
up 4% over the last 10 years. Home prices in the Pine Bluff Real Estate Market
have gained 9.73% over the last 12 months.

The 3rd Quarter index value was 12.46 points higher than the 2nd Quarter,
2017 index value of 158.52, resulting in a 7.86% rise in the 3rd Quarter for the
Pine Bluff Market.

The Pine Bluff Home Price Index increased in the last quarter after falling in the
previous quarter. 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 25 consecutive quarters. The current record holder for
consecutive declines in the Home Price Index is Carbondale, IL, with declines in
the last 3 consecutive quarters.

The highest annual change in the value of houses in the Pine Bluff Real Estate
Market was 10% in the twelve months ended with the 3rd Quarter of 2017. The
worst annual change in home values  in the Pine Bluff Market was -8% in the
twelve months ended with the 3rd Quarter of 2016.

The highest growth in home values in the Pine Bluff Real Estate Market over a
three year period was 21% in the three years ended with the 2nd Quarter of
2006. The worst performance over a three year period in the Pine Bluff Market
was -8% in the three years ended with the 3rd Quarter of 2013.

This page provides a long term graph of the Pine Bluff Home Price Index
(above). For information about Arkansas 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 Pine Bluff 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 Pine Bluff 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 Pine Bluff 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, 2017 Housing Data: Pine Bluff, Arkansas

The trend of Pine Bluff 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 3rd Quarter of 2017, Pine Bluff Home Prices outperformed every
state, with appreciation of 7.86% during the quarter. The worst performer
during that period was Weirton, OH, with appreciation of -9.33%.
The median for all cities during the 3rd Quarter was 1.52%. The average for all
markets during the quarter was 1.39%.

Last Year:
During the last 12 months, Pine Bluff Home Prices had a rank of 50, with
appreciation during the year of 9.73%. The top performing market during the
last year was Seattle, WA, with an increase of 14.2%. The worst real estate
market during that period was Lawton, OK, with appreciation of -7.3%.
The median for all markets during this period was 5.41%. The average was
5.42%.

Last 5 Years:
Over the 5 years ended with the 3rd Quarter of 2017, Pine Bluff Home Prices
ranked 319, with a total appreciation of 8.0%. The top performing real estate
market during the 5 year period was Reno, NV, with a growth in value of 95%.
The worst market during that period was Lawton, OK, with appreciation of -7%.
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 3rd Quarter of 2017, Pine Bluff Home Prices
had a rank of 210, with appreciation during the decade of 4%. The top
performing market during the period was Denver, CO, with a rise of 63%. The
worst real estate market during the 10 year time period was Atlantic City, NJ,
with appreciation of -28%.
The median for all markets during the last 10 years was 5%. The average for
the cities over that time frame was 7%.

Last 20 Years:
During the 20 years ended in the 3rd Quarter of 2017, Pine Bluff Home Prices
had a rank of 295, with total growth over the 20 year period of 56%. The top
performing real estate market during the period was San Francisco, CA, with an
increase of 283%. The worst market during the last 20 years was Mansfield,
OH, with appreciation of 20%.
The median for all cities during the last 20 years was 80%. The average for the
markets over that time frame was 89%.

Historical research data on the Home Price Index for the Pine Bluff Real Estate
Market is available back to the 2nd Quarter, of 1993. All calculations are based
on the quarterly value of the House Price Index for Pine Bluff. 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, January 29, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.


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