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
100
1000
10
Commentary  1233.56
1st Quarter, 2018 Housing Statistics: Pine Bluff, Arkansas


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      60%

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 1st Quarter of 2019 is DOWN. The Accuracy of the
Trend Projection for Pine Bluff is 60%. In other words, when tested against
historical data, the forecasting methodology was correct 60% of the time.
Accordingly, LittleBigHomes.com estimates that the probability for falling house
prices in Pine Bluff is 60% during this period. If this Housing Market Forecast is
correct, home prices will be lower in the 1st Quarter of 2019 than they were in
the 1st Quarter of 2018. Check this page each quarter for updates to the Pine
Bluff Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      73%

The forecast for the trend in the Pine Bluff housing market for the 3 years
ending with the 1st Quarter of 2021 is DOWN. The Accuracy of the Trend
Prediction for Pine Bluff is 73%. In other words, when tested against historical
data, the forecasting methodology was correct 73% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for falling house prices in Pine
Bluff is 73% during this period. If this Housing Market Forecast is correct, home
values will be lower in the 1st Quarter of 2021 than they were in the 1st Quarter
of 2018. Check this page each quarter for updates to the Pine Bluff Real Estate
Market Forecast.




Part 2: MARKET SUMMARY
1st Quarter, 2018 Housing Data: Pine Bluff, Arkansas


Historical Home Price Appreciation
Last Quarter                         -7.27%
Last Year                              -1.8%
Last 5 Years                         2%
Last 10 Years                       -4%
Last 20 Years                       46%
Decline From All Time High   7.27%


Annual Home Price Appreciation Rates
1988        n/a
1989        n/a
1990        n/a
1991        n/a
1992        n/a
1993        n/a
1994      3.21%
1995      -0.56%
1996      6.14%
1997      0.53%
1998      2.93%
1999      10.12%
2000      -2.73%
2001      4.76%
2002      3.98%
2003      4.44%
2004      6.63%
2005      2.51%
2006      5.42%
2007      5.66%
2008      -1.95%
2009      -1.05%
2010      -0.18%
2011      -2.41%
2012      -0.32%
2013      2.77%
2014      -1.86%
2015      2.55%
2016      -0.59%
2017      7.15%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -7.27%        Rank: 378 of 381 (Bottom .70%)
Last Year  . . . . . . . . . . . . . . . .  -1.8%          Rank: 375 of 381 (1st Percentile)
Last 5 Years                              2%              Rank: 370 of 381 (2nd Percentile)
Last 10 Years  . . . . . . . . . . . .   -4%            Rank: 317 of 381 (16th Percentile)
Last 20 Years                            46%            Rank: 327 of 379 (13th Percentile)
Decline From All Time High        7.27%

The change in home prices for Pine Bluff, AR are shown above for five time
periods. For example: Pine Bluff appreciated -7.27% in the Last Quarter. At that
rate, the Pine Bluff Real Estate Market was ranked 378th out of 381
metropolitan Real Estate Markets. Pine Bluff was in the bottom .70%. So Pine
Bluff, AR performed better in the Last Quarter than 0% of the 381 metropolitan
areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
1st Quarter, 2018 Housing Statistics: Pine Bluff, Arkansas

The all time high in the Pine Bluff Home Price Index was 173.9 in the 4th
Quarter, of 2017. The 1st Quarter, 2018 index value was 161.3. That's a
decline of 12.64 points or 7.27% below the Pine Bluff Home Price Index all time
high.  The Home Price Index indicates that the Pine Bluff Market is down 4%
over the last 10 years. Home Prices in the Pine Bluff Real Estate Market have
lost 1.83% over the last 12 months.

The 1st Quarter index value was 12.64 points lower than the 4th Quarter, 2017
index value of 173.93, resulting in a 7.27% decline for the 1st Quarter in the
Pine Bluff Market.

The Pine Bluff Home Price Index declined in the last quarter after increasing in
the previous 2 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 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 highest annual change in the value of houses in the Pine Bluff Real Estate
Market was 10% in the twelve months ended with the 4th Quarter of 1999. 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
1st Quarter, 2018 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 1st Quarter of 2018, Pine Bluff Home Prices had a rank of 378, with
appreciation of -7.27%. 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, Pine Bluff Home Prices had a rank of 375, with
appreciation during the year of -1.83%. 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, Pine Bluff Home Prices
ranked 370, with a total appreciation of 2.2%. 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, Pine Bluff Home Prices
had a rank of 317, with appreciation during the decade of -4%. 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, Pine Bluff Home Prices
had a rank of 327, with total growth over the 20 year period of 46%. 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 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 Tuesday, July 24, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.


_____________________________________________________________
Report a Problem with this Page    Contact Us     Privacy Policy    Terms of Use/Disclosure
LittleBigHomes.com
1975
1980
1985
1990
1995
2000
2005
2010
2035
2015
2020
2025
2030