San Diego, CA - House Price Index (HPI)
San Diego Real Estate Market - Home Price Forecast
100
1000
The House Price Index (HPI) shows changes in San Diego-Carlsbad-San Marcos, 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
San Diego Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  1269.56
1st Quarter, 2018 Housing Statistics: San Diego, California


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      81%

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 San Diego housing market for the 12
months ending with the 1st Quarter of 2019 is UP. The Accuracy of the Trend
Projection for San Diego is 81%. In other words, when tested against historical
data, the forecasting methodology was correct 81% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in San
Diego is 81% 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 San Diego
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      77%

The forecast for the trend in the San Diego housing market for the 3 years
ending with the 1st Quarter of 2021 is UP. The Accuracy of the Trend
Prediction for San Diego is 77%. In other words, when tested against historical
data, the forecasting methodology was correct 77% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in San
Diego is 77% 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 San Diego
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
1st Quarter, 2018 Housing Data: San Diego, California


Historical Home Price Appreciation
Last Quarter                         1.70%
Last Year                              8.2%
Last 5 Years                         51%
Last 10 Years                       24%
Last 20 Years                       213%



Annual Home Price Appreciation Rates
1988      17.50%
1989      19.32%
1990      1.45%
1991      -0.13%
1992      -2.16%
1993      -3.13%
1994      -4.74%
1995      1.38%
1996      -0.67%
1997      4.78%
1998      11.14%
1999      10.52%
2000      15.48%
2001      11.70%
2002      17.25%
2003      16.84%
2004      27.12%
2005      10.84%
2006      -1.59%
2007      -9.80%
2008      -19.47%
2009      -3.89%
2010      -0.03%
2011      -4.36%
2012      3.16%
2013      16.52%
2014      5.81%
2015      6.44%
2016      6.78%
2017      8.43%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              1.70%         Rank: 141 of 381 (63rd Percentile)
Last Year  . . . . . . . . . . . . . . . .  8.2%           Rank: 89 of 381 (76th Percentile)
Last 5 Years                              51%            Rank: 51 of 381 (86th Percentile)
Last 10 Years  . . . . . . . . . . . .   24%            Rank: 43 of 381 (88th Percentile)
Last 20 Years                            213%          Rank: 6 of 379 (98th Percentile)


The change in home prices for San Diego-Carlsbad, CA are shown above for
five time periods. For example: San Diego appreciated 1.70% in the Last
Quarter. At that rate, the San Diego Real Estate Market was ranked 141st out
of 381 metropolitan Real Estate Markets. San Diego was in the 63rd percentile.
So San Diego, CA performed better in the Last Quarter than 63% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
1st Quarter, 2018 Housing Statistics: San Diego, California

The data and analysis on this page pertains to San Diego-Carlsbad, CA,
hereinafter referred to as "San Diego". The all time high in the San Diego Home
Price Index was 338.5 in the 1st Quarter, of 2018.  The Home Price Index
indicates that the San Diego Market is up 24% over the last 10 years. Home
prices in the San Diego Real Estate Market have gained 8.17% over the last 12
months. Over the last thirty years, it is up 322%.

The 1st Quarter index value was 5.67 points higher than the 4th Quarter, 2017
index value of 332.87, resulting in a 1.70% rise in the 1st Quarter for the San
Diego Market.

The San Diego Home Price Index has increased for the last 23 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 San Diego Real Estate
Market was 32% in the twelve months ended with the 3rd Quarter of 2004. The
worst annual change in home values  in the San Diego Market was -20% in the
twelve months ended with the 3rd Quarter of 2008.

The highest growth in home values in the San Diego Real Estate Market over a
three year period was 88% in the three years ended with the 3rd Quarter of
1979. The worst performance over a three year period in the San Diego Market
was -32% in the three years ended with the 3rd Quarter of 2009.

This page provides a long term graph of the San Diego 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 San Diego 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 San Diego 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 San Diego 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: San Diego, California

The trend of San Diego 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 San Diego-Carlsbad, CA, hereinafter referred to as "San Diego".

Last Quarter:
During the 1st Quarter of 2018, San Diego Home Prices had a rank of 141, with
appreciation of 1.70%. 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, San Diego Home Prices had a rank of 89, with
appreciation during the year of 8.17%. 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, San Diego Home Prices
ranked 51, with a total appreciation of 51.2%. 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, San Diego Home Prices
had a rank of 43, with appreciation during the decade of 24%. 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, San Diego Home Prices
had a rank of 6, with total growth over the 20 year period of 213%. 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 San Diego Real Estate
Market is available back to the 1st Quarter, of 1976. All calculations are based
on the quarterly value of the House Price Index for San Diego. 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 Wednesday, July 25, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.


_____________________________________________________________
Report a Problem with this Page    Contact Us     Privacy Policy    Terms of Use/Disclosure
LittleBigHomes.com
1975
1980
1985
1990
1995
2000
2005
2010
2035
2015
2020
2025
2030