Valdosta, GA - House Price Index (HPI)
Valdosta Real Estate Market - Home Price Forecast
100
1000
The House Price Index (HPI) shows changes in Valdosta, GA 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
Valdosta Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  27938
3rd Quarter, 2017 Housing Statistics: Valdosta, Georgia


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      75%

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 Valdosta housing market for the 12
months ending with the 3rd Quarter of 2018 is DOWN. The Accuracy of the
Trend Projection for Valdosta is 75%. In other words, when tested against
historical data, the forecasting methodology was correct 75% of the time.
Accordingly, LittleBigHomes.com estimates that the probability for falling house
prices in Valdosta is 75% during this period. If this Housing Market Forecast is
correct, home prices will be lower in the 3rd Quarter of 2018 than they were in
the 3rd Quarter of 2017. Check this page each quarter for updates to the
Valdosta Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      81%

The forecast for the trend in the Valdosta housing market for the 3 years
ending with the 3rd Quarter of 2020 is DOWN. The Accuracy of the Trend
Prediction for Valdosta is 81%. In other words, when tested against historical
data, the forecasting methodology was correct 81% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for falling house prices in
Valdosta is 81% during this period. If this Housing Market Forecast is correct,
home values will be lower in the 3rd Quarter of 2020 than they were in the 3rd
Quarter of 2017. Check this page each quarter for updates to the Valdosta
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2017 Housing Data: Valdosta, Georgia


Historical Home Price Appreciation
Last Quarter                         -0.80%
Last Year                              -1.6%
Last 5 Years                         2%
Last 10 Years                       -11%
Last 20 Years                       40%
Decline From All Time High   13.42%


Annual Home Price Appreciation Rates
1987        n/a
1988        n/a
1989        n/a
1990        n/a
1991        n/a
1992        n/a
1993        n/a
1994      4.13%
1995      2.73%
1996      5.60%
1997      0.63%
1998      6.71%
1999      2.25%
2000      2.59%
2001      3.97%
2002      2.64%
2003      5.95%
2004      5.04%
2005      11.31%
2006      8.01%
2007      2.42%
2008      -1.68%
2009      2.20%
2010      -4.95%
2011      -7.98%
2012      2.16%
2013      -1.22%
2014      -0.93%
2015      2.55%
2016      -0.80%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -0.80%        Rank: 338 of 381 (11th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -1.6%          Rank: 368 of 381 (3rd Percentile)
Last 5 Years                              2%              Rank: 371 of 381 (2nd Percentile)
Last 10 Years  . . . . . . . . . . . .   -11%           Rank: 346 of 381 (9th Percentile)
Last 20 Years                            40%            Rank: 347 of 379 (8th Percentile)
Decline From All Time High        13.42%

The change in home prices for Valdosta, GA are shown above for five time
periods. For example: Valdosta appreciated -0.80% in the Last Quarter. At that
rate, the Valdosta Real Estate Market was ranked 338th out of 381 metropolitan
Real Estate Markets. Valdosta was in the 11th percentile. So Valdosta, GA
performed better in the Last Quarter than 11% of the 381 metropolitan areas
covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2017 Housing Statistics: Valdosta, Georgia

The all time high in the Valdosta Home Price Index was 185.2 in the 2nd
Quarter, of 2008. The 3rd Quarter, 2017 index value was 160.3. That's a
decline of 24.84 points or 13.42% below the Valdosta Home Price Index all time
high.  The Home Price Index indicates that the Valdosta Market is down 11%
over the last 10 years. Home Prices in the Valdosta Real Estate Market have
lost 1.62% over the last 12 months.

The 3rd Quarter index value was 1.30 points lower than the 2nd Quarter, 2017
index value of 161.62, resulting in a 0.80% decline for the 3rd Quarter in the
Valdosta Market.

The Valdosta 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 Valdosta Real Estate
Market was 11% in the twelve months ended with the 4th Quarter of 2005. The
worst annual change in home values  in the Valdosta Market was -8% in the
twelve months ended with the 4th Quarter of 2011.

The highest growth in home values in the Valdosta Real Estate Market over a
three year period was 26% in the three years ended with the 4th Quarter of
2006. The worst performance over a three year period in the Valdosta Market
was -15% in the three years ended with the 2nd Quarter of 2011.

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

The trend of Valdosta 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.

Last Quarter:
During the 3rd Quarter of 2017, Valdosta Home Prices had a rank of 338, with
appreciation of -0.80%. 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, Valdosta Home Prices had a rank of 368, with
appreciation during the year of -1.62%. 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, Valdosta Home Prices
ranked 371, with a total appreciation of 2.3%. 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, Valdosta Home Prices
had a rank of 346, with appreciation during the decade of -11%. 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, Valdosta Home Prices
had a rank of 347, with total growth over the 20 year period of 40%. 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 Valdosta Real Estate
Market is available back to the 2nd Quarter, of 1994. All calculations are based
on the quarterly value of the House Price Index for Valdosta. 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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