Sebastian, FL - House Price Index (HPI)
Sebastian Real Estate Market - Home Price Forecast
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The House Price Index (HPI) shows changes in Sebastian-Vero Beach, FL 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
Sebastian Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  1282.56
1st Quarter, 2018 Housing Statistics: Sebastian, Florida


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      72%

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 Sebastian housing market for the 12
months ending with the 1st Quarter of 2019 is UP. The Accuracy of the Trend
Projection for Sebastian is 72%. In other words, when tested against historical
data, the forecasting methodology was correct 72% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Sebastian is 72% 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 Sebastian
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      74%

The forecast for the trend in the Sebastian housing market for the 3 years
ending with the 1st Quarter of 2021 is UP. The Accuracy of the Trend
Prediction for Sebastian 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
Sebastian is 74% 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 Sebastian
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
1st Quarter, 2018 Housing Data: Sebastian, Florida


Historical Home Price Appreciation
Last Quarter                         0.13%
Last Year                              6.3%
Last 5 Years                         63%
Last 10 Years                       7%
Last 20 Years                       116%
Decline From All Time High   15.25%


Annual Home Price Appreciation Rates
1988      0.54%
1989      10.37%
1990      -3.62%
1991      6.77%
1992      2.48%
1993      1.26%
1994      -1.15%
1995      2.67%
1996      -0.13%
1997      7.66%
1998      1.50%
1999      0.89%
2000      10.17%
2001      10.53%
2002      8.00%
2003      13.63%
2004      24.47%
2005      29.26%
2006      -0.62%
2007      -13.59%
2008      -22.47%
2009      -10.93%
2010      -5.42%
2011      -6.11%
2012      2.94%
2013      1.85%
2014      15.03%
2015      13.34%
2016      4.65%
2017      15.54%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.13%         Rank: 271 of 381 (28th Percentile)
Last Year  . . . . . . . . . . . . . . . .  6.3%           Rank: 175 of 381 (54th Percentile)
Last 5 Years                              63%            Rank: 29 of 381 (92nd Percentile)
Last 10 Years  . . . . . . . . . . . .   7%              Rank: 200 of 381 (47th Percentile)
Last 20 Years                            116%          Rank: 83 of 379 (78th Percentile)
Decline From All Time High        15.25%

The change in home prices for Sebastian-Vero Beach, FL are shown above for
five time periods. For example: Sebastian appreciated 0.13% in the Last
Quarter. At that rate, the Sebastian Real Estate Market was ranked 271st out of
381 metropolitan Real Estate Markets. Sebastian was in the 28th percentile. So
Sebastian, FL performed better in the Last Quarter than 28% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
1st Quarter, 2018 Housing Statistics: Sebastian, Florida

The data and analysis on this page pertains to Sebastian-Vero Beach, FL,
hereinafter referred to as "Sebastian". The all time high in the Sebastian Home
Price Index was 279.3 in the 1st Quarter, of 2006. The 1st Quarter, 2018 index
value was 236.7. That's a decline of 42.61 points or 15.25% below the
Sebastian Home Price Index all time high.  The Home Price Index indicates that
the Sebastian Market is up 7% over the last 10 years. Home prices in the
Sebastian Real Estate Market have gained 6.30% over the last 12 months.
Over the last thirty years, it is up 187%.

The 1st Quarter index value was 0.31 points higher than the 4th Quarter, 2017
index value of 236.41, resulting in a 0.13% rise in the 1st Quarter for the
Sebastian Market.

The Sebastian Home Price Index has increased for the last 5 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 Sebastian Real Estate
Market was 29% in the twelve months ended with the 2nd Quarter of 2005. The
worst annual change in home values  in the Sebastian Market was -22% in the
twelve months ended with the 4th Quarter of 2008.

The highest growth in home values in the Sebastian Real Estate Market over a
three year period was 85% in the three years ended with the 1st Quarter of
2006. The worst performance over a three year period in the Sebastian Market
was -41% in the three years ended with the 1st Quarter of 2010.

This page provides a long term graph of the Sebastian 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 Sebastian 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 Sebastian 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 Sebastian 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: Sebastian, Florida

The trend of Sebastian 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 Sebastian-Vero Beach, FL, hereinafter referred to as "Sebastian".

Last Quarter:
During the 1st Quarter of 2018, Sebastian Home Prices had a rank of 271, with
appreciation of 0.13%. 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, Sebastian Home Prices had a rank of 175, with
appreciation during the year of 6.30%. 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, Sebastian Home Prices
ranked 29, with a total appreciation of 63.5%. 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, Sebastian Home Prices
had a rank of 200, with appreciation during the decade of 7%. 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, Sebastian Home Prices
had a rank of 83, with total growth over the 20 year period of 116%. 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 Sebastian Real Estate
Market is available back to the 3rd Quarter, of 1986. All calculations are based
on the quarterly value of the House Price Index for Sebastian. 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.


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