Port St. Lucie, FL - House Price Index (HPI)
Port St. Lucie Real Estate Market - Home Price Forecast
The House Price Index (HPI) shows changes in Port St. Lucie, 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.
Port St. Lucie Real Estate Market: Trend Outlook, Analysis & Statistics
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Commentary  1237.56
1st Quarter, 2018 Housing Statistics: Port St. Lucie, Florida


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      74%

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 Port St. Lucie housing market for the
12 months ending with the 1st Quarter of 2019 is UP. The Accuracy of the
Trend Projection for Port St. Lucie is 74%. In other words, when tested against
historical data, the forecasting methodology was correct 74% of the time.
Accordingly, LittleBigHomes.com estimates that the probability for rising house
prices in Port St. Lucie is 74% during this period. If this Housing Market
Forecast is correct, home prices will be higher in the 1st Quarter of 2019 than
they were in the 1st Quarter of 2018. Check this page each quarter for updates
to the Port St. Lucie Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      67%

The forecast for the trend in the Port St. Lucie housing market for the 3 years
ending with the 1st Quarter of 2021 is UP. The Accuracy of the Trend
Prediction for Port St. Lucie is 67%. In other words, when tested against
historical data, the forecasting methodology was correct 67% of the time.
Accordingly, LittleBigHomes.com estimates that the probability for rising house
prices in Port St. Lucie is 67% during this period. If this Housing Market
Forecast is correct, home values will be higher in the 1st Quarter of 2021 than
they were in the 1st Quarter of 2018. Check this page each quarter for updates
to the Port St. Lucie Real Estate Market Forecast.




Part 2: MARKET SUMMARY
1st Quarter, 2018 Housing Data: Port St. Lucie, Florida


Historical Home Price Appreciation
Last Quarter                         0.08%
Last Year                              12.0%
Last 5 Years                         84%
Last 10 Years                       10%
Last 20 Years                       135%
Decline From All Time High   13.64%


Annual Home Price Appreciation Rates
1988      7.28%
1989      7.41%
1990      0.87%
1991      2.82%
1992      -0.08%
1993      1.49%
1994      -3.66%
1995      1.54%
1996      0.62%
1997      2.91%
1998      3.58%
1999      3.07%
2000      4.89%
2001      11.59%
2002      13.48%
2003      20.60%
2004      24.48%
2005      27.79%
2006      0.49%
2007      -17.30%
2008      -28.05%
2009      -14.40%
2010      -2.45%
2011      -2.99%
2012      -0.33%
2013      13.89%
2014      11.08%
2015      13.72%
2016      11.26%
2017      13.44%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.08%         Rank: 276 of 381 (27th Percentile)
Last Year  . . . . . . . . . . . . . . . .  12.0%          Rank: 12 of 381 (97th Percentile)
Last 5 Years                              84%            Rank: 5 of 381 (98th Percentile)
Last 10 Years  . . . . . . . . . . . .   10%            Rank: 169 of 381 (55th Percentile)
Last 20 Years                            135%          Rank: 51 of 379 (86th Percentile)
Decline From All Time High        13.64%

The change in home prices for Port St. Lucie, FL are shown above for five time
periods. For example: Port St. Lucie appreciated 0.08% in the Last Quarter. At
that rate, the Port St. Lucie Real Estate Market was ranked 276th out of 381
metropolitan Real Estate Markets. Port St. Lucie was in the 27th percentile. So
Port St. Lucie, FL performed better in the Last Quarter than 27% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
1st Quarter, 2018 Housing Statistics: Port St. Lucie, Florida

The all time high in the Port St. Lucie Home Price Index was 289.0 in the 2nd
Quarter, of 2006. The 1st Quarter, 2018 index value was 249.5. That's a
decline of 39.42 points or 13.64% below the Port St. Lucie Home Price Index all
time high.  The Home Price Index indicates that the Port St. Lucie Market is up
10% over the last 10 years. Home prices in the Port St. Lucie Real Estate
Market have gained 12.00% over the last 12 months. Over the last thirty years,
it is up 183%.

The 1st Quarter index value was 0.20 points higher than the 4th Quarter, 2017
index value of 249.34, resulting in a 0.08% rise in the 1st Quarter for the Port
St. Lucie Market.

The Port St. Lucie 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 27 consecutive 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 highest annual change in the value of houses in the Port St. Lucie Real
Estate Market was 29% in the twelve months ended with the 2nd Quarter of
2005. The worst annual change in home values  in the Port St. Lucie Market
was -29% in the twelve months ended with the 3rd Quarter of 2008.

The highest growth in home values in the Port St. Lucie Real Estate Market
over a three year period was 92% in the three years ended with the 4th Quarter
of 2005. The worst performance over a three year period in the Port St. Lucie
Market was -49% in the three years ended with the 4th Quarter of 2009.

This page provides a long term graph of the Port St. Lucie 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 Port St. Lucie 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 Port St. Lucie 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 Port St. Lucie 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: Port St. Lucie, Florida

The trend of Port St. Lucie 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, Port St. Lucie Home Prices had a rank of 276,
with appreciation of 0.08%. 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, Port St. Lucie Home Prices had a rank of 12, with
appreciation during the year of 12.00%. 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, Port St. Lucie Home
Prices ranked 5, with a total appreciation of 83.7%. 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, Port St. Lucie Home
Prices had a rank of 169, with appreciation during the decade of 10%. 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, Port St. Lucie Home
Prices had a rank of 51, with total growth over the 20 year period of 135%. 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 Port St. Lucie Real
Estate Market is available back to the 2nd Quarter, of 1988. All calculations are
based on the quarterly value of the House Price Index for Port St. Lucie. 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.


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