Trenton, NJ - House Price Index (HPI)
Trenton Real Estate Market - Home Price Forecast
100
1000
The House Price Index (HPI) shows changes in Trenton-Ewing, NJ 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
Trenton Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  548.56
4th Quarter, 2017 Housing Statistics: Trenton, New Jersey


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      70%

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 Trenton housing market for the 12
months ending with the 4th Quarter of 2018 is UP. The Accuracy of the Trend
Projection for Trenton is 70%. In other words, when tested against historical
data, the forecasting methodology was correct 70% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Trenton is 70% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 4th Quarter of 2018 than they were in the 4th
Quarter of 2017. Check this page each quarter for updates to the Trenton Real
Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      69%

The forecast for the trend in the Trenton housing market for the 3 years ending
with the 4th Quarter of 2020 is UP. The Accuracy of the Trend Prediction for
Trenton is 69%. In other words, when tested against historical data, the
forecasting methodology was correct 69% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Trenton is 69% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 4th Quarter of 2020 than they were in the 4th
Quarter of 2017. Check this page each quarter for updates to the Trenton Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2017 Housing Data: Trenton, New Jersey


Historical Home Price Appreciation
Last Quarter                         1.68%
Last Year                              1.8%
Last 5 Years                         9%
Last 10 Years                       -11%
Last 20 Years                       91%
Decline From All Time High   13.93%


Annual Home Price Appreciation Rates
1988      4.55%
1989      0.19%
1990      -5.95%
1991      0.75%
1992      -0.19%
1993      0.55%
1994      -4.27%
1995      2.89%
1996      -0.23%
1997      1.22%
1998      2.66%
1999      5.40%
2000      9.39%
2001      11.02%
2002      12.87%
2003      10.67%
2004      15.14%
2005      13.56%
2006      3.31%
2007      -3.03%
2008      -5.71%
2009      -7.23%
2010      0.13%
2011      -4.74%
2012      -1.99%
2013      0.13%
2014      1.42%
2015      2.28%
2016      2.63%
2017      1.83%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              1.68%         Rank: 103 of 381 (73rd Percentile)
Last Year  . . . . . . . . . . . . . . . .  1.8%           Rank: 328 of 381 (13th Percentile)
Last 5 Years                              9%              Rank: 321 of 381 (15th Percentile)
Last 10 Years  . . . . . . . . . . . .   -11%           Rank: 356 of 381 (6th Percentile)
Last 20 Years                            91%            Rank: 144 of 379 (62nd Percentile)
Decline From All Time High        13.93%

The change in home prices for Trenton, NJ are shown above for five time
periods. For example: Trenton appreciated 1.68% in the Last Quarter. At that
rate, the Trenton Real Estate Market was ranked 103rd out of 381 metropolitan
Real Estate Markets. Trenton was in the 73rd percentile. So Trenton, NJ
performed better in the Last Quarter than 73% of the 381 metropolitan areas
covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2017 Housing Statistics: Trenton, New Jersey

The data and analysis on this page pertains to Trenton, NJ, hereinafter referred
to as "Trenton". The all time high in the Trenton Home Price Index was 229.6 in
the 4th Quarter, of 2006. The 4th Quarter, 2017 index value was 197.6. That's
a decline of 31.97 points or 13.93% below the Trenton Home Price Index all
time high.  The Home Price Index indicates that the Trenton Market is down
11% over the last 10 years. Home prices in the Trenton Real Estate Market
have gained 1.83% over the last 12 months. Over the last thirty years, it is up
89%.

The 4th Quarter index value was 3.26 points higher than the 3rd Quarter, 2017
index value of 194.34, resulting in a 1.68% rise in the 4th Quarter for the
Trenton Market.

The Trenton Home Price Index increased in the last quarter after falling in the
previous quarter. 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 26 consecutive quarters. The current record holders for
consecutive declines in the Home Price Index are Victoria, TX; Topeka, KS;
Texarkana, TX-AR; Springfield, MA and Peoria, IL, with declines in the last 2
consecutive quarters.

The highest annual change in the value of houses in the Trenton Real Estate
Market was 30% in the twelve months ended with the 2nd Quarter of 1987. The
worst annual change in home values  in the Trenton Market was -7% in the
twelve months ended with the 4th Quarter of 2009.

The highest growth in home values in the Trenton Real Estate Market over a
three year period was 78% in the three years ended with the 1st Quarter of
1988. The worst performance over a three year period in the Trenton Market
was -15% in the three years ended with the 4th Quarter of 2009.

This page provides a long term graph of the Trenton Home Price Index (above).
For information about New Jersey 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 Trenton 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 Trenton 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 Trenton 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
4th Quarter, 2017 Housing Data: Trenton, New Jersey

The trend of Trenton 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 Trenton, NJ, hereinafter referred to as "Trenton".

Last Quarter:
During the 4th Quarter of 2017, Trenton Home Prices had a rank of 103, with
appreciation of 1.68%. The top performing real estate market during the 4th
Quarter was Gadsden, AL, with a rise of 13.11%. The worst market during that
period was Hinesville, GA, with appreciation of -6.79%.
The median for all cities during the 4th Quarter was 0.75%. The average for all
markets during the quarter was 0.69%.

Last Year:
During the last 12 months, Trenton Home Prices had a rank of 328, with
appreciation during the year of 1.83%. The top performing market during the
last year was Sebastian, FL, with an increase of 16.4%. The worst real estate
market during that period was Goldsboro, NC, with appreciation of -6.9%.
The median for all markets during this period was 5.37%. The average was
5.53%.

Last 5 Years:
Over the 5 years ended with the 4th Quarter of 2017, Trenton Home Prices
ranked 321, with a total appreciation of 8.5%. The top performing real estate
market during the 5 year period was Reno, NV, with a growth in value of 94%.
The worst market during that period was Goldsboro, NC, with appreciation of
-5%.
The median for all cities during this time period was 19%. The average over the
5 years was 25%.

Last 10 Years:
During the 10 years ended in the 4th Quarter of 2017, Trenton Home Prices
had a rank of 356, with appreciation during the decade of -11%. The top
performing market during the period was Denver, CO, with a rise of 65%. The
worst real estate market during the 10 year time period was Atlantic City, NJ,
with appreciation of -27%.
The median for all markets during the last 10 years was 7%. The average for
the cities over that time frame was 8%.

Last 20 Years:
During the 20 years ended in the 4th Quarter of 2017, Trenton Home Prices
had a rank of 144, with total growth over the 20 year period of 91%. The top
performing real estate market during the period was San Francisco, CA, with an
increase of 280%. The worst market during the last 20 years was Saginaw, MI,
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 89%.

Historical research data on the Home Price Index for the Trenton Real Estate
Market is available back to the 3rd Quarter, of 1979. All calculations are based
on the quarterly value of the House Price Index for Trenton. 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, April 25, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.


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