Sherman, TX - House Price Index (HPI)
Sherman Real Estate Market - Home Price Forecast
100
1000
The House Price Index (HPI) shows changes in Sherman-Denison, TX 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
Sherman Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  27144
2nd Quarter, 2017 Housing Statistics: Sherman, Texas


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 Sherman housing market for the 12
months ending with the 2nd Quarter of 2018 is UP. The Accuracy of the Trend
Projection for Sherman 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
Sherman is 72% 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 Sherman
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      74%

The forecast for the trend in the Sherman housing market for the 3 years
ending with the 2nd Quarter of 2020 is UP. The Accuracy of the Trend
Prediction for Sherman 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
Sherman 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 Sherman
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
2nd Quarter, 2017 Housing Data: Sherman, Texas


Historical Home Price Appreciation
Last Quarter                         3.99%
Last Year                              13.2%
Last 5 Years                         43%
Last 10 Years                       38%
Last 20 Years                       101%



Annual Home Price Appreciation Rates
1987        n/a
1988      -11.70%
1989      6.71%
1990      2.91%
1991      -2.09%
1992      6.28%
1993      1.74%
1994      1.44%
1995      5.08%
1996      2.73%
1997      0.45%
1998      6.21%
1999      4.88%
2000      6.71%
2001      4.98%
2002      5.28%
2003      -0.43%
2004      3.27%
2005      5.28%
2006      6.39%
2007      -0.21%
2008      2.21%
2009      -4.77%
2010      0.05%
2011      -0.96%
2012      -0.31%
2013      4.14%
2014      11.53%
2015      9.99%
2016      3.33%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              3.99%         Rank: 83 of 381 (78th Percentile)
Last Year  . . . . . . . . . . . . . . . .  13.2%          Rank: 6 of 381 (98th Percentile)
Last 5 Years                              43%            Rank: 75 of 381 (80th Percentile)
Last 10 Years  . . . . . . . . . . . .   38%            Rank: 14 of 381 (96th Percentile)
Last 20 Years                            101%          Rank: 120 of 379 (68th Percentile)


The change in home prices for Sherman-Denison, TX are shown above for five
time periods. For example: Sherman appreciated 3.99% in the Last Quarter. At
that rate, the Sherman Real Estate Market was ranked 83rd out of 381
metropolitan Real Estate Markets. Sherman was in the 78th percentile. So
Sherman, TX performed better in the Last Quarter than 78% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
2nd Quarter, 2017 Housing Statistics: Sherman, Texas

The data and analysis on this page pertains to Sherman-Denison, TX,
hereinafter referred to as "Sherman". The all time high in the Sherman Home
Price Index was 230.7 in the 2nd Quarter, of 2017.  The Home Price Index
indicates that the Sherman Market is up 38% over the last 10 years. Home
prices in the Sherman Real Estate Market have gained 13.23% over the last 12
months. Over the last thirty years, it is up 119%.

The 2nd Quarter index value was 8.86 points higher than the 1st Quarter, 2017
index value of 221.87, resulting in a 3.99% rise in the 2nd Quarter for the
Sherman Market.

The Sherman Home Price Index has increased for the last 4 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 Sherman Real Estate
Market was 13% in the twelve months ended with the 2nd Quarter of 2017. The
worst annual change in home values  in the Sherman Market was -14% in the
twelve months ended with the 1st Quarter of 1988.

The highest growth in home values in the Sherman Real Estate Market over a
three year period was 30% in the three years ended with the 2nd Quarter of
2017. The worst performance over a three year period in the Sherman Market
was -12% in the three years ended with the 2nd Quarter of 1990.

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

The trend of Sherman 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 Sherman-Denison, TX, hereinafter referred to as "Sherman".

Last Quarter:
During the 2nd Quarter of 2017, Sherman Home Prices had a rank of 83, with
appreciation of 3.99%. 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, Sherman Home Prices had a rank of 6, with
appreciation during the year of 13.23%. 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, Sherman Home Prices
ranked 75, with a total appreciation of 43.0%. 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, Sherman Home Prices
had a rank of 14, with appreciation during the decade of 38%. 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, Sherman Home Prices
had a rank of 120, with total growth over the 20 year period of 101%. 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 Sherman 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 Sherman. 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 Tuesday, October 24, 2017.
SignalTrend  Inc. 2008 - 2017; All rights reserved.


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