Vallejo, CA - House Price Index (HPI)
Vallejo Real Estate Market - Home Price Forecast (CA)
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1000
The House Price Index (HPI) shows changes in Vallejo-Fairfield, CA 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.
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Vallejo Home Price Index Market: Trend Outlook, Analysis & Statistics
Commentary  27939
3rd Quarter, 2017 Housing Statistics: Vallejo, California


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      82%

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 Vallejo housing market for the 12
months ending with the 3rd Quarter of 2018 is UP. The Accuracy of the Trend
Projection for Vallejo is 82%. In other words, when tested against historical
data, the forecasting methodology was correct 82% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Vallejo is 82% 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 Vallejo Real
Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      75%

The forecast for the trend in the Vallejo housing market for the 3 years ending
with the 3rd Quarter of 2020 is UP. The Accuracy of the Trend Prediction for
Vallejo 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 rising house prices in
Vallejo is 75% 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 Vallejo Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2017 Housing Data: Vallejo, California


Historical Home Price Appreciation
Last Quarter                         2.35%
Last Year                              9.6%
Last 5 Years                         89%
Last 10 Years                       -7%
Last 20 Years                       160%
Decline From All Time High   16.82%


Annual Home Price Appreciation Rates
1987      4.21%
1988      11.10%
1989      18.45%
1990      10.29%
1991      1.77%
1992      -1.91%
1993      -2.25%
1994      -4.15%
1995      -1.38%
1996      -2.09%
1997      3.11%
1998      5.78%
1999      12.56%
2000      19.25%
2001      14.82%
2002      12.38%
2003      13.33%
2004      21.80%
2005      19.93%
2006      -0.51%
2007      -13.75%
2008      -34.08%
2009      -11.35%
2010      -3.14%
2011      -8.37%
2012      3.76%
2013      27.20%
2014      13.15%
2015      8.72%
2016      8.85%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              2.35%         Rank: 108 of 381 (71st Percentile)
Last Year  . . . . . . . . . . . . . . . .  9.6%           Rank: 54 of 381 (86th Percentile)
Last 5 Years                              89%            Rank: 2 of 381 (99th Percentile)
Last 10 Years  . . . . . . . . . . . .   -7%            Rank: 312 of 381 (18th Percentile)
Last 20 Years                            160%          Rank: 31 of 379 (92nd Percentile)
Decline From All Time High        16.82%

The change in home prices for Vallejo-Fairfield, CA are shown above for five
time periods. For example: Vallejo appreciated 2.35% in the Last Quarter. At
that rate, the Vallejo Real Estate Market was ranked 108th out of 381
metropolitan Real Estate Markets. Vallejo was in the 71st percentile. So Vallejo,
CA performed better in the Last Quarter than 71% of the 381 metropolitan
areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2017 Housing Statistics: Vallejo, California

The data and analysis on this page pertains to Vallejo-Fairfield, CA, hereinafter
referred to as "Vallejo". The all time high in the Vallejo Home Price Index was
314.0 in the 2nd Quarter, of 2006. The 3rd Quarter, 2017 index value was
261.2. That's a decline of 52.83 points or 16.82% below the Vallejo Home Price
Index all time high.  The Home Price Index indicates that the Vallejo Market is
down 7% over the last 10 years. Home prices in the Vallejo Real Estate Market
have gained 9.57% over the last 12 months. Over the last thirty years, it is up
247%.

The 3rd Quarter index value was 5.99 points higher than the 2nd Quarter, 2017
index value of 255.22, resulting in a 2.35% rise in the 3rd Quarter for the
Vallejo Market.

The Vallejo Home Price Index has increased for the last 22 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 current record holder for consecutive
declines in the Home Price Index is Carbondale, IL, with declines in the last 3
consecutive quarters.

The highest annual change in the value of houses in the Vallejo Real Estate
Market was 28% in the twelve months ended with the 1st Quarter of 2014. The
worst annual change in home values  in the Vallejo Market was -34% in the
twelve months ended with the 4th Quarter of 2008.

The highest growth in home values in the Vallejo Real Estate Market over a
three year period was 66% in the three years ended with the 4th Quarter of
2005. The worst performance over a three year period in the Vallejo Market
was -50% in the three years ended with the 3rd Quarter of 2009.

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

The trend of Vallejo 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 Vallejo-Fairfield, CA, hereinafter referred to as "Vallejo".

Last Quarter:
During the 3rd Quarter of 2017, Vallejo Home Prices had a rank of 108, with
appreciation of 2.35%. 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, Vallejo Home Prices had a rank of 54, with
appreciation during the year of 9.57%. 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, Vallejo Home Prices
ranked 2, with a total appreciation of 88.6%. 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, Vallejo Home Prices had
a rank of 312, with appreciation during the decade of -7%. 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, Vallejo Home Prices had
a rank of 31, with total growth over the 20 year period of 160%. 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 Vallejo Real Estate
Market is available back to the 2nd Quarter, of 1978. All calculations are based
on the quarterly value of the House Price Index for Vallejo. 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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