Riverside, CA - House Price Index (HPI)
Riverside Real Estate Market - Home Price Forecast
100
1000
The House Price Index (HPI) shows changes in Riverside-San Bernardino-Ontario, CA 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.
10
Riverside Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  491.56
4th Quarter, 2017 Housing Statistics: Riverside, California


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      79%

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 Riverside housing market for the 12
months ending with the 4th Quarter of 2018 is UP. The Accuracy of the Trend
Projection for Riverside is 79%. In other words, when tested against historical
data, the forecasting methodology was correct 79% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Riverside is 79% 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 Riverside
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      74%

The forecast for the trend in the Riverside housing market for the 3 years
ending with the 4th Quarter of 2020 is UP. The Accuracy of the Trend
Prediction for Riverside 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
Riverside is 74% 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 Riverside
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2017 Housing Data: Riverside, California


Historical Home Price Appreciation
Last Quarter                         1.84%
Last Year                              9.1%
Last 5 Years                         67%
Last 10 Years                       -3%
Last 20 Years                       178%
Decline From All Time High   14.13%


Annual Home Price Appreciation Rates
1988      13.50%
1989      21.58%
1990      3.74%
1991      0.08%
1992      -2.98%
1993      -4.60%
1994      -10.81%
1995      1.33%
1996      -3.29%
1997      3.31%
1998      8.91%
1999      5.65%
2000      9.22%
2001      9.54%
2002      14.97%
2003      19.43%
2004      31.32%
2005      21.85%
2006      6.87%
2007      -11.15%
2008      -35.21%
2009      -7.79%
2010      -0.32%
2011      -5.21%
2012      2.41%
2013      24.00%
2014      9.67%
2015      6.35%
2016      6.00%
2017      9.05%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              1.84%         Rank: 90 of 381 (76th Percentile)
Last Year  . . . . . . . . . . . . . . . .  9.1%           Rank: 72 of 381 (81st Percentile)
Last 5 Years                              67%            Rank: 22 of 381 (94th Percentile)
Last 10 Years  . . . . . . . . . . . .   -3%            Rank: 297 of 381 (22nd Percentile)
Last 20 Years                            178%          Rank: 20 of 379 (94th Percentile)
Decline From All Time High        14.13%

The change in home prices for Riverside-San Bernardino-Ontario, CA are
shown above for five time periods. For example: Riverside appreciated 1.84% in
the Last Quarter. At that rate, the Riverside Real Estate Market was ranked
90th out of 381 metropolitan Real Estate Markets. Riverside was in the 76th
percentile. So Riverside, CA performed better in the Last Quarter than 76% of
the 381 metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2017 Housing Statistics: Riverside, California

The data and analysis on this page pertains to Riverside-San
Bernardino-Ontario, CA, hereinafter referred to as "Riverside". The all time high
in the Riverside Home Price Index was 332.3 in the 4th Quarter, of 2006. The
4th Quarter, 2017 index value was 285.3. That's a decline of 46.94 points or
14.13% below the Riverside Home Price Index all time high.  The Home Price
Index indicates that the Riverside Market is down 3% over the last 10 years.
Home prices in the Riverside Real Estate Market have gained 9.05% over the
last 12 months. Over the last thirty years, it is up 232%.

The 4th Quarter index value was 5.16 points higher than the 3rd Quarter, 2017
index value of 280.15, resulting in a 1.84% rise in the 4th Quarter for the
Riverside Market.

The Riverside Home Price Index has increased for the last 22 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 Riverside Real Estate
Market was 35% in the twelve months ended with the 3rd Quarter of 2004. The
worst annual change in home values  in the Riverside Market was -35% in the
twelve months ended with the 4th Quarter of 2008.

The highest growth in home values in the Riverside Real Estate Market over a
three year period was 92% in the three years ended with the 1st Quarter of
2006. The worst performance over a three year period in the Riverside Market
was -47% in the three years ended with the 3rd Quarter of 2009.

This page provides a long term graph of the Riverside Home Price Index
(above). For information about California 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 Riverside 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 Riverside 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 Riverside 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: Riverside, California

The trend of Riverside 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. The data and analysis on this page pertains
to Riverside-San Bernardino-Ontario, CA, hereinafter referred to as "Riverside".

Last Quarter:
During the 4th Quarter of 2017, Riverside Home Prices had a rank of 90, with
appreciation of 1.84%. 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, Riverside Home Prices had a rank of 72, with
appreciation during the year of 9.05%. 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, Riverside Home Prices
ranked 22, with a total appreciation of 67.2%. 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, Riverside Home Prices
had a rank of 297, with appreciation during the decade of -3%. 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, Riverside Home Prices
had a rank of 20, with total growth over the 20 year period of 178%. 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 Riverside Real Estate
Market is available back to the 2nd Quarter, of 1976. All calculations are based
on the quarterly value of the House Price Index for Riverside. 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 Friday, April 20, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.


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