Sherman, TX - House Price Index (HPI)
Sherman Real Estate Market - Home Price Forecast
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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.  Updated Thursday, July 23, 2015. Real
estate forecasts, analysis, statistics and appreciation rates are provided below.
10
Sherman Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  18762
3rd Quarter, 2014 Housing Statistics: Sherman, Texas


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      73%

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 3rd Quarter of 2015 is DOWN. The Accuracy of the
Trend Projection for Sherman is 73%. In other words, when tested against
historical data, the forecasting methodology was correct 73% of the time.
Accordingly, LittleBigHomes.com estimates that the probability for falling house
prices in Sherman is 73% during this period. If this Housing Market Forecast is
correct, home prices will be lower in the 3rd Quarter of 2015 than they were in
the 3rd Quarter of 2014. Check this page each quarter for updates to the
Sherman Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      74%

The forecast for the trend in the Sherman housing market for the 3 years
ending with the 3rd Quarter of 2017 is DOWN. 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 falling house prices in
Sherman is 74% during this period. If this Housing Market Forecast is correct,
home values will be lower in the 3rd Quarter of 2017 than they were in the 3rd
Quarter of 2014. Check this page each quarter for updates to the Sherman
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2014 Housing Data: Sherman, Texas


Historical Home Price Appreciation
Last Quarter                         -2.42%
Last Year                              -1.9%
Last 5 Years                         1%
Last 10 Years                       16%
Last 20 Years                       72%
Decline From All Time High   4.65%


Annual Home Price Appreciation Rates
1984        n/a
1985        n/a
1986        n/a
1987        n/a
1988      -12.06%
1989      6.39%
1990      3.88%
1991      -2.62%
1992      6.42%
1993      1.54%
1994      1.68%
1995      5.15%
1996      2.31%
1997      1.12%
1998      6.60%
1999      4.72%
2000      5.98%
2001      5.31%
2002      5.24%
2003      -0.34%
2004      3.66%
2005      4.39%
2006      6.68%
2007      0.29%
2008      2.09%
2009      -4.97%
2010      0.27%
2011      -0.76%
2012      0.08%
2013      3.08%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -2.42%        Rank: 370 of 381 (2nd Percentile)
Last Year  . . . . . . . . . . . . . . . .  -1.9%          Rank: 374 of 381 (1st Percentile)
Last 5 Years                              1%              Rank: 194 of 381 (49th Percentile)
Last 10 Years  . . . . . . . . . . . .   16%            Rank: 138 of 381 (63rd Percentile)
Last 20 Years                            72%            Rank: 209 of 378 (44th Percentile)
Decline From All Time High        4.65%

The change in home prices for Sherman-Denison, TX are shown above for five
time periods. For example: Sherman appreciated -2.42% in the Last Quarter. At
that rate, the Sherman Real Estate Market was ranked 370th out of 381
metropolitan Real Estate Markets. Sherman was in the 2nd percentile. So
Sherman, TX performed better in the Last Quarter than 2% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2014 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 182.5 in the 1st Quarter, of 2014. The 3rd Quarter, 2014 index
value was 174.0. That's a decline of 8.49 points or 4.65% below the Sherman
Home Price Index all time high.  The Home Price Index indicates that the
Sherman Market is up 16% over the last 10 years. Home Prices in the Sherman
Real Estate Market have lost 1.88% over the last 12 months.

The 3rd Quarter index value was 4.32 points lower than the 2nd Quarter, 2014
index value of 178.29, resulting in a 2.42% decline for the 3rd Quarter in the
Sherman Market.

The Sherman Home Price Index has declined for the last 2 consecutive
quarters. The current record holder for consecutive declines in the Home Price
Index is Terre Haute, IN, with declines in the last 3 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 13
consecutive quarters.

The highest annual change in the value of houses in the Sherman Real Estate
Market was 9% in the twelve months ended with the 1st Quarter of 1996. The
worst annual change in home values  in the Sherman Market was -12% in the
twelve months ended with the 4th Quarter of 1988.

The highest growth in home values in the Sherman Real Estate Market over a
three year period was 18% in the three years ended with the 4th Quarter of
2000. 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
3rd Quarter, 2014 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 3rd Quarter of 2014, Sherman Home Prices had a rank of 370, with
appreciation of -2.42%. The top performing real estate market during the 3rd
Quarter was Johnstown, PA, with a rise of 7.10%. The worst market during that
period was Farmington, NM, with appreciation of -4.09%.
The median for all cities during the 3rd Quarter was 1.44%. The average for all
markets during the quarter was 1.49%.

Last Year:
During the last 12 months, Sherman Home Prices had a rank of 374, with
appreciation during the year of -1.88%. The top performing market during the
last year was Madera, CA, with an increase of 19.4%. The worst real estate
market during that period was Jacksonville, NC, with appreciation of -4.5%.
The median for all markets during this period was 3.94%. The average was
4.71%.

Last 5 Years:
Over the 5 years ended with the 3rd Quarter of 2014, Sherman Home Prices
ranked 194, with a total appreciation of 0.8%. The top performing real estate
market during the 5 year period was Merced, CA, with a growth in value of 45%.
The worst market during that period was Ocala, FL, with appreciation of -16%.
The median for all cities during this time period was 1%. The average over the
5 years was 3%.

Last 10 Years:
During the 10 years ended in the 3rd Quarter of 2014, Sherman Home Prices
had a rank of 138, with appreciation during the decade of 16%. The top
performing market during the period was Midland, TX, with a rise of 129%. The
worst real estate market during the 10 year time period was Las Vegas, NV, with
appreciation of -27%.
The median for all markets during the last 10 years was 10%. The average for
the cities over that time frame was 11%.

Last 20 Years:
During the 20 years ended in the 3rd Quarter of 2014, Sherman Home Prices
had a rank of 209, with total growth over the 20 year period of 72%. The top
performing real estate market during the period was San Francisco, CA, with an
increase of 229%. The worst market during the last 20 years was Rockford, IL,
with appreciation of 23%.
The median for all cities during the last 20 years was 75%. The average for the
markets over that time frame was 82%.

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.)





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