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  27129
2nd Quarter, 2017 Housing Statistics: San Diego, California


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      78%

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 2nd Quarter of 2018 is UP. The Accuracy of the Trend
Projection for San Diego is 78%. In other words, when tested against historical
data, the forecasting methodology was correct 78% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in San
Diego is 78% 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 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 2nd Quarter of 2020 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 2nd Quarter of 2020 than they were in the 2nd
Quarter of 2017. Check this page each quarter for updates to the San Diego
Real Estate Market Forecast.




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


Historical Home Price Appreciation
Last Quarter                         3.02%
Last Year                              8.6%
Last 5 Years                         53%
Last 10 Years                       5%
Last 20 Years                       216%
Decline From All Time High   0.56%


Annual Home Price Appreciation Rates
1987      9.72%
1988      17.50%
1989      19.32%
1990      1.44%
1991      -0.11%
1992      -2.17%
1993      -3.13%
1994      -4.74%
1995      1.39%
1996      -0.68%
1997      4.78%
1998      11.14%
1999      10.52%
2000      15.48%
2001      11.71%
2002      17.24%
2003      16.83%
2004      27.13%
2005      10.81%
2006      -1.58%
2007      -9.79%
2008      -19.43%
2009      -3.91%
2010      0.00%
2011      -4.35%
2012      3.15%
2013      16.58%
2014      5.80%
2015      6.50%
2016      6.70%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              3.02%         Rank: 152 of 381 (60th Percentile)
Last Year  . . . . . . . . . . . . . . . .  8.6%           Rank: 87 of 381 (77th Percentile)
Last 5 Years                              53%            Rank: 47 of 381 (87th Percentile)
Last 10 Years  . . . . . . . . . . . .   5%              Rank: 172 of 381 (55th Percentile)
Last 20 Years                            216%          Rank: 7 of 379 (98th Percentile)
Decline From All Time High        0.56%

The change in home prices for San Diego-Carlsbad, CA are shown above for
five time periods. For example: San Diego appreciated 3.02% in the Last
Quarter. At that rate, the San Diego Real Estate Market was ranked 152nd out
of 381 metropolitan Real Estate Markets. San Diego was in the 60th percentile.
So San Diego, CA performed better in the Last Quarter than 60% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
2nd Quarter, 2017 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 324.3 in the 1st Quarter, of 2006. The 2nd Quarter, 2017 index
value was 322.5. That's a decline of 1.80 points or 0.56% below the San Diego
Home Price Index all time high.  The Home Price Index indicates that the San
Diego Market is up 5% over the last 10 years. Home prices in the San Diego
Real Estate Market have gained 8.65% over the last 12 months. Over the last
thirty years, it is up 333%.

The 2nd Quarter index value was 9.45 points higher than the 1st Quarter, 2017
index value of 313.01, resulting in a 3.02% rise in the 2nd Quarter for the San
Diego Market.

The San Diego 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 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
2nd Quarter, 2017 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 2nd Quarter of 2017, San Diego Home Prices had a rank of 152,
with appreciation of 3.02%. 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, San Diego Home Prices had a rank of 87, with
appreciation during the year of 8.65%. 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, San Diego Home Prices
ranked 47, with a total appreciation of 53.0%. 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, San Diego Home Prices
had a rank of 172, with appreciation during the decade of 5%. 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, San Diego Home Prices
had a rank of 7, with total growth over the 20 year period of 216%. 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 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 Monday, October 23, 2017.
SignalTrend  Inc. 2008 - 2017; All rights reserved.


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