Sacramento, CA - House Price Index (HPI)
Sacramento Real Estate Market - Home Price Forecast
100
1000
The House Price Index (HPI) shows changes in Sacramento-Arden-Arcade-Roseville, 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
Sacramento Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  27121
2nd Quarter, 2017 Housing Statistics: Sacramento, 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 Sacramento housing market for the 12
months ending with the 2nd Quarter of 2018 is UP. The Accuracy of the Trend
Projection for Sacramento 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
Sacramento is 79% during this period. If this Housing Market Forecast is
correct, home prices will be higher in the 2nd Quarter of 2018 than they were in
the 2nd Quarter of 2017. Check this page each quarter for updates to the
Sacramento Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      74%

The forecast for the trend in the Sacramento housing market for the 3 years
ending with the 2nd Quarter of 2020 is UP. The Accuracy of the Trend
Prediction for Sacramento 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
Sacramento is 74% during this period. If this Housing Market Forecast is
correct, home values will be higher in the 2nd Quarter of 2020 than they were in
the 2nd Quarter of 2017. Check this page each quarter for updates to the
Sacramento Real Estate Market Forecast.




Part 2: MARKET SUMMARY
2nd Quarter, 2017 Housing Data: Sacramento, California


Historical Home Price Appreciation
Last Quarter                         3.41%
Last Year                              10.4%
Last 5 Years                         70%
Last 10 Years                       -2%
Last 20 Years                       157%
Decline From All Time High   11.94%


Annual Home Price Appreciation Rates
1987      6.70%
1988      9.86%
1989      19.28%
1990      18.32%
1991      0.71%
1992      -3.25%
1993      -3.32%
1994      -6.65%
1995      0.80%
1996      -2.16%
1997      3.94%
1998      5.23%
1999      5.85%
2000      14.37%
2001      15.06%
2002      14.06%
2003      14.81%
2004      24.86%
2005      17.94%
2006      -4.47%
2007      -13.76%
2008      -21.31%
2009      -8.66%
2010      -4.82%
2011      -7.14%
2012      4.51%
2013      22.23%
2014      6.95%
2015      7.29%
2016      8.15%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              3.41%         Rank: 125 of 381 (67th Percentile)
Last Year  . . . . . . . . . . . . . . . .  10.4%          Rank: 35 of 381 (91st Percentile)
Last 5 Years                              70%            Rank: 18 of 381 (95th Percentile)
Last 10 Years  . . . . . . . . . . . .   -2%            Rank: 255 of 381 (33rd Percentile)
Last 20 Years                            157%          Rank: 33 of 379 (91st Percentile)
Decline From All Time High        11.94%

The change in home prices for Sacramento--Roseville--Arden-Arcade, CA are
shown above for five time periods. For example: Sacramento appreciated
3.41% in the Last Quarter. At that rate, the Sacramento Real Estate Market was
ranked 125th out of 381 metropolitan Real Estate Markets. Sacramento was in
the 67th percentile. So Sacramento, CA performed better in the Last Quarter
than 67% of the 381 metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
2nd Quarter, 2017 Housing Statistics: Sacramento, California

The data and analysis on this page pertains to
Sacramento--Roseville--Arden-Arcade, CA, hereinafter referred to as
"Sacramento". The all time high in the Sacramento Home Price Index was 292.1
in the 4th Quarter, of 2005. The 2nd Quarter, 2017 index value was 257.2.
That's a decline of 34.86 points or 11.94% below the Sacramento Home Price
Index all time high.  The Home Price Index indicates that the Sacramento Market
is down 2% over the last 10 years. Home prices in the Sacramento Real Estate
Market have gained 10.40% over the last 12 months. Over the last thirty years,
it is up 259%.

The 2nd Quarter index value was 8.47 points higher than the 1st Quarter, 2017
index value of 248.74, resulting in a 3.41% rise in the 2nd Quarter for the
Sacramento Market.

The Sacramento 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 24 consecutive quarters. The current record holders for consecutive
declines in the Home Price Index are Manhattan, KS and Longview, TX, with
declines in the last 3 consecutive quarters.

The highest annual change in the value of houses in the Sacramento Real
Estate Market was 27% in the twelve months ended with the 3rd Quarter of
2004. The worst annual change in home values  in the Sacramento Market was
-22% in the twelve months ended with the 3rd Quarter of 2008.

The highest growth in home values in the Sacramento Real Estate Market over
a three year period was 71% in the three years ended with the 2nd Quarter of
2005. The worst performance over a three year period in the Sacramento
Market was -38% in the three years ended with the 3rd Quarter of 2009.

This page provides a long term graph of the Sacramento 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 Sacramento 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 Sacramento 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 Sacramento 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
2nd Quarter, 2017 Housing Data: Sacramento, California

The trend of Sacramento 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 Sacramento--Roseville--Arden-Arcade, CA, hereinafter referred to as
"Sacramento".

Last Quarter:
During the 2nd Quarter of 2017, Sacramento Home Prices had a rank of 125,
with appreciation of 3.41%. The top performing real estate market during the
2nd Quarter was Weirton, OH, with a rise of 14.58%. The worst market during
that period was Bangor, ME, with appreciation of -4.77%.
The median for all cities during the 2nd Quarter was 2.58%. The average for all
markets during the quarter was 2.50%.

Last Year:
During the last 12 months, Sacramento Home Prices had a rank of 35, with
appreciation during the year of 10.40%. The top performing market during the
last year was Mount Vernon, WA, with an increase of 15.1%. The worst real
estate market during that period was Pine Bluff, AR, with appreciation of -7.9%.
The median for all markets during this period was 5.39%. The average was
5.53%.

Last 5 Years:
Over the 5 years ended with the 2nd Quarter of 2017, Sacramento Home Prices
ranked 18, with a total appreciation of 70.0%. The top performing real estate
market during the 5 year period was Reno, NV, with a growth in value of 93%.
The worst market during that period was Jacksonville, NC, with appreciation of
-3%.
The median for all cities during this time period was 18%. The average over the
5 years was 25%.

Last 10 Years:
During the 10 years ended in the 2nd Quarter of 2017, Sacramento Home
Prices had a rank of 255, with appreciation during the decade of -2%. The top
performing market during the period was Austin, TX, with a rise of 62%. The
worst real estate market during the 10 year time period was Atlantic City, NJ,
with appreciation of -29%.
The median for all markets during the last 10 years was 4%. The average for
the cities over that time frame was 5%.

Last 20 Years:
During the 20 years ended in the 2nd Quarter of 2017, Sacramento Home
Prices had a rank of 33, with total growth over the 20 year period of 157%. The
top performing real estate market during the period was San Francisco, CA,
with an increase of 289%. The worst market during the last 20 years was
Saginaw, MI, with appreciation of 20%.
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 Sacramento Real
Estate Market is available back to the 3rd Quarter, of 1976. All calculations are
based on the quarterly value of the House Price Index for Sacramento. 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, October 20, 2017.
SignalTrend  Inc. 2008 - 2017; All rights reserved.


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