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  471.56
4th Quarter, 2017 Housing Statistics: Pine Bluff, Arkansas


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
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 4th Quarter of 2018 is UP. 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 rising house prices in Pine
Bluff is 60% 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 Pine Bluff
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      72%

The forecast for the trend in the Pine Bluff housing market for the 3 years
ending with the 4th Quarter of 2020 is UP. The Accuracy of the Trend
Prediction for Pine Bluff is 72%. In other words, when tested against historical
data, the forecasting methodology was correct 72% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in Pine
Bluff is 72% 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 Pine Bluff
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2017 Housing Data: Pine Bluff, Arkansas


Historical Home Price Appreciation
Last Quarter                         4.24%
Last Year                              7.5%
Last 5 Years                         11%
Last 10 Years                       4%
Last 20 Years                       59%



Annual Home Price Appreciation Rates
1988        n/a
1989        n/a
1990        n/a
1991        n/a
1992        n/a
1993        n/a
1994      3.20%
1995      -0.55%
1996      6.13%
1997      0.52%
1998      2.92%
1999      10.15%
2000      -2.73%
2001      4.76%
2002      3.98%
2003      4.45%
2004      6.63%
2005      2.52%
2006      5.40%
2007      5.66%
2008      -1.90%
2009      -1.05%
2010      -0.28%
2011      -2.28%
2012      -0.34%
2013      2.80%
2014      -1.51%
2015      2.30%
2016      -0.72%
2017      7.47%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              4.24%         Rank: 15 of 381 (96th Percentile)
Last Year  . . . . . . . . . . . . . . . .  7.5%           Rank: 109 of 381 (71st Percentile)
Last 5 Years                              11%            Rank: 296 of 381 (22nd Percentile)
Last 10 Years  . . . . . . . . . . . .   4%              Rank: 219 of 381 (42nd Percentile)
Last 20 Years                            59%            Rank: 277 of 379 (26th Percentile)


The change in home prices for Pine Bluff, AR are shown above for five time
periods. For example: Pine Bluff appreciated 4.24% in the Last Quarter. At that
rate, the Pine Bluff Real Estate Market was ranked 15th out of 381 metropolitan
Real Estate Markets. Pine Bluff was in the 96th percentile. So Pine Bluff, AR
performed better in the Last Quarter than 96% of the 381 metropolitan areas
covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2017 Housing Statistics: Pine Bluff, Arkansas

The all time high in the Pine Bluff Home Price Index was 174.6 in the 4th
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 7.47% over the last 12 months.

The 4th Quarter index value was 7.10 points higher than the 3rd Quarter, 2017
index value of 167.46, resulting in a 4.24% rise in the 4th Quarter for the Pine
Bluff Market.

The Pine Bluff Home Price Index has increased for 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 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 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
4th 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 4th Quarter of 2017, Pine Bluff Home Prices had a rank of 15, with
appreciation of 4.24%. 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, Pine Bluff Home Prices had a rank of 109, with
appreciation during the year of 7.47%. 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, Pine Bluff Home Prices
ranked 296, with a total appreciation of 10.5%. 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, Pine Bluff Home Prices
had a rank of 219, with appreciation during the decade of 4%. 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, Pine Bluff Home Prices
had a rank of 277, with total growth over the 20 year period of 59%. 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 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, April 16, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.


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