Punta Gorda, FL - House Price Index (HPI)
Punta Gorda Real Estate Market - Home Price Forecast
100
1000
The House Price Index (HPI) shows changes in Punta Gorda, FL single family home prices in
logarithmic scale. The March, 1995 index value equals 100.  Updated Friday, July 17, 2015. Real
estate forecasts, analysis, statistics and appreciation rates are provided below.
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Punta Gorda Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  18723
3rd Quarter, 2014 Housing Statistics: Punta Gorda, Florida


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      75%

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 Punta Gorda housing market for the
12 months ending with the 3rd Quarter of 2015 is UP. The Accuracy of the
Trend Projection for Punta Gorda is 75%. In other words, when tested against
historical data, the forecasting methodology was correct 75% of the time.
Accordingly, LittleBigHomes.com estimates that the probability for rising house
prices in Punta Gorda is 75% during this period. If this Housing Market Forecast
is correct, home prices will be higher in the 3rd Quarter of 2015 than they were
in the 3rd Quarter of 2014. Check this page each quarter for updates to the
Punta Gorda Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      68%

The forecast for the trend in the Punta Gorda housing market for the 3 years
ending with the 3rd Quarter of 2017 is UP. The Accuracy of the Trend
Prediction for Punta Gorda is 68%. In other words, when tested against
historical data, the forecasting methodology was correct 68% of the time.
Accordingly, LittleBigHomes.com estimates that the probability for rising house
prices in Punta Gorda is 68% during this period. If this Housing Market Forecast
is correct, home values will be higher in the 3rd Quarter of 2017 than they were
in the 3rd Quarter of 2014. Check this page each quarter for updates to the
Punta Gorda Real Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2014 Housing Data: Punta Gorda, Florida


Historical Home Price Appreciation
Last Quarter                         6.07%
Last Year                              9.8%
Last 5 Years                         12%
Last 10 Years                       -16%
Last 20 Years                       73%
Decline From All Time High   38.64%


Annual Home Price Appreciation Rates
1984        n/a
1985        n/a
1986        n/a
1987        n/a
1988      8.44%
1989      7.25%
1990      -1.11%
1991      4.00%
1992      1.99%
1993      0.66%
1994      -6.66%
1995      6.17%
1996      -2.53%
1997      4.23%
1998      6.11%
1999      1.75%
2000      11.13%
2001      9.80%
2002      11.78%
2003      15.26%
2004      22.41%
2005      27.83%
2006      -0.86%
2007      -17.34%
2008      -26.72%
2009      -5.26%
2010      -3.94%
2011      -5.71%
2012      1.18%
2013      10.03%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              6.07%         Rank: 5 of 381 (98th Percentile)
Last Year  . . . . . . . . . . . . . . . .  9.8%          Rank: 44 of 381 (88th Percentile)
Last 5 Years                              12%            Rank: 62 of 381 (83rd Percentile)
Last 10 Years  . . . . . . . . . . . .   -16%           Rank: 363 of 381 (4th Percentile)
Last 20 Years                            73%            Rank: 201 of 378 (46th Percentile)
Decline From All Time High        38.64%

The change in home prices for Punta Gorda, FL are shown above for five time
periods. For example: Punta Gorda appreciated 6.07% in the Last Quarter. At
that rate, the Punta Gorda Real Estate Market was ranked 5th out of 381
metropolitan Real Estate Markets. Punta Gorda was in the 98th percentile. So
Punta Gorda, FL performed better in the Last Quarter than 98% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2014 Housing Statistics: Punta Gorda, Florida

The all time high in the Punta Gorda Home Price Index was 286.6 in the 2nd
Quarter, of 2006. The 3rd Quarter, 2014 index value was 175.9. That's a
decline of 110.74 points or 38.64% below the Punta Gorda Home Price Index all
time high.  The Home Price Index indicates that the Punta Gorda Market is down
16% over the last 10 years. Home prices in the Punta Gorda Real Estate
Market have gained 9.75% over the last 12 months.

The 3rd Quarter index value was 10.06 points higher than the 2nd Quarter,
2014 index value of 165.82, resulting in a 6.07% rise in the 3rd Quarter for the
Punta Gorda Market.

The Punta Gorda Home Price Index has increased for the last 3 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 13 consecutive quarters. The current record holder for consecutive
declines in the Home Price Index is Terre Haute, IN, with declines in the last 3
consecutive quarters.

The highest annual change in the value of houses in the Punta Gorda Real
Estate Market was 30% in the twelve months ended with the 2nd Quarter of
2005. The worst annual change in home values  in the Punta Gorda Market was
-27% in the twelve months ended with the 4th Quarter of 2008.

The highest growth in home values in the Punta Gorda Real Estate Market over
a three year period was 80% in the three years ended with the 4th Quarter of
2005. The worst performance over a three year period in the Punta Gorda
Market was -45% in the three years ended with the 3rd Quarter of 2009.

This page provides a long term graph of the Punta Gorda 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 Punta Gorda 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 Punta Gorda 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 Punta Gorda 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, 2014 Housing Data: Punta Gorda, Florida

The trend of Punta Gorda 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 2014, Punta Gorda Home Prices had a rank of 5, with
appreciation of 6.07%. The top performing real estate market during the 3rd
Quarter was Johnstown, PA, with a rise of 7.10%. The worst market during that
period was Farmington, NM, with appreciation of -4.09%.
The median for all cities during the 3rd Quarter was 1.44%. The average for all
markets during the quarter was 1.49%.

Last Year:
During the last 12 months, Punta Gorda Home Prices had a rank of 44, with
appreciation during the year of 9.75%. The top performing market during the
last year was Madera, CA, with an increase of 19.4%. The worst real estate
market during that period was Jacksonville, NC, with appreciation of -4.5%.
The median for all markets during this period was 3.94%. The average was
4.71%.

Last 5 Years:
Over the 5 years ended with the 3rd Quarter of 2014, Punta Gorda Home
Prices ranked 62, with a total appreciation of 11.8%. The top performing real
estate market during the 5 year period was Merced, CA, with a growth in value
of 45%. The worst market during that period was Ocala, FL, with appreciation of
-16%.
The median for all cities during this time period was 1%. The average over the
5 years was 3%.

Last 10 Years:
During the 10 years ended in the 3rd Quarter of 2014, Punta Gorda Home
Prices had a rank of 363, with appreciation during the decade of -16%. The top
performing market during the period was Midland, TX, with a rise of 129%. The
worst real estate market during the 10 year time period was Las Vegas, NV, with
appreciation of -27%.
The median for all markets during the last 10 years was 10%. The average for
the cities over that time frame was 11%.

Last 20 Years:
During the 20 years ended in the 3rd Quarter of 2014, Punta Gorda Home
Prices had a rank of 201, with total growth over the 20 year period of 73%. The
top performing real estate market during the period was San Francisco, CA,
with an increase of 229%. The worst market during the last 20 years was
Rockford, IL, with appreciation of 23%.
The median for all cities during the last 20 years was 75%. The average for the
markets over that time frame was 82%.

Historical research data on the Home Price Index for the Punta Gorda Real
Estate Market is available back to the 3rd Quarter, of 1987. All calculations are
based on the quarterly value of the House Price Index for Punta Gorda. 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.)





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