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  27932
3rd 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 3rd 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 3rd Quarter of 2018 than they were in the 3rd
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 3rd 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 3rd Quarter of 2020 than they were in the 3rd
Quarter of 2017. Check this page each quarter for updates to the Trenton Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2017 Housing Data: Trenton, New Jersey


Historical Home Price Appreciation
Last Quarter                         -0.13%
Last Year                              2.0%
Last 5 Years                         8%
Last 10 Years                       -12%
Last 20 Years                       90%
Decline From All Time High   14.80%


Annual Home Price Appreciation Rates
1987      19.89%
1988      4.55%
1989      0.38%
1990      -6.13%
1991      0.71%
1992      -0.14%
1993      0.55%
1994      -4.28%
1995      2.90%
1996      -0.21%
1997      1.10%
1998      2.76%
1999      5.44%
2000      9.29%
2001      11.06%
2002      12.84%
2003      10.75%
2004      15.09%
2005      13.57%
2006      3.33%
2007      -3.10%
2008      -5.83%
2009      -7.08%
2010      0.16%
2011      -4.73%
2012      -1.98%
2013      0.07%
2014      1.43%
2015      2.33%
2016      2.28%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -0.13%        Rank: 312 of 381 (18th Percentile)
Last Year  . . . . . . . . . . . . . . . .  2.0%           Rank: 323 of 381 (15th Percentile)
Last 5 Years                              8%              Rank: 320 of 381 (16th Percentile)
Last 10 Years  . . . . . . . . . . . .   -12%           Rank: 351 of 381 (7th Percentile)
Last 20 Years                            90%            Rank: 150 of 379 (60th Percentile)
Decline From All Time High        14.80%

The change in home prices for Trenton, NJ are shown above for five time
periods. For example: Trenton appreciated -0.13% in the Last Quarter. At that
rate, the Trenton Real Estate Market was ranked 312th out of 381 metropolitan
Real Estate Markets. Trenton was in the 18th percentile. So Trenton, NJ
performed better in the Last Quarter than 18% of the 381 metropolitan areas
covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd 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 3rd Quarter, 2017 index value was 195.7. That's
a decline of 33.98 points or 14.80% below the Trenton Home Price Index all
time high.  The Home Price Index indicates that the Trenton Market is down
12% over the last 10 years. Home prices in the Trenton Real Estate Market
have gained 1.98% over the last 12 months. Over the last thirty years, it is up
93%.

The 3rd Quarter index value was 0.26 points lower than the 2nd Quarter, 2017
index value of 195.91, resulting in a 0.13% decline for the 3rd Quarter in the
Trenton Market.

The Trenton Home Price Index declined in the last quarter after increasing in
the previous quarter. The current record holder for consecutive declines in the
Home Price Index is Carbondale, IL, 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 25 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
3rd 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 3rd Quarter of 2017, Trenton Home Prices had a rank of 312, with
appreciation of -0.13%. The top performing real estate market during the 3rd
Quarter was Pine Bluff, AR, with a rise of 7.86%. The worst market during that
period was Weirton, OH, with appreciation of -9.33%.
The median for all cities during the 3rd Quarter was 1.52%. The average for all
markets during the quarter was 1.39%.

Last Year:
During the last 12 months, Trenton Home Prices had a rank of 323, with
appreciation during the year of 1.98%. The top performing market during the
last year was Seattle, WA, with an increase of 14.2%. The worst real estate
market during that period was Lawton, OK, with appreciation of -7.3%.
The median for all markets during this period was 5.41%. The average was
5.42%.

Last 5 Years:
Over the 5 years ended with the 3rd Quarter of 2017, Trenton Home Prices
ranked 320, with a total appreciation of 8.0%. The top performing real estate
market during the 5 year period was Reno, NV, with a growth in value of 95%.
The worst market during that period was Lawton, OK, with appreciation of -7%.
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 3rd Quarter of 2017, Trenton Home Prices
had a rank of 351, with appreciation during the decade of -12%. The top
performing market during the period was Denver, CO, with a rise of 63%. The
worst real estate market during the 10 year time period was Atlantic City, NJ,
with appreciation of -28%.
The median for all markets during the last 10 years was 5%. The average for
the cities over that time frame was 7%.

Last 20 Years:
During the 20 years ended in the 3rd Quarter of 2017, Trenton Home Prices
had a rank of 150, with total growth over the 20 year period of 90%. The top
performing real estate market during the period was San Francisco, CA, with an
increase of 283%. The worst market during the last 20 years was Mansfield,
OH, with appreciation of 20%.
The median for all cities during the last 20 years was 80%. 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 Friday, February 9, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.


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