Visalia, CA - House Price Index (HPI)
Visalia Real Estate Market - Home Price Forecast
100
1000
The House Price Index (HPI) shows changes in Visalia-Porterville, 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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Visalia Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  1321.56
1st Quarter, 2018 Housing Statistics: Visalia, California


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      72%

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 Visalia housing market for the 12
months ending with the 1st Quarter of 2019 is UP. The Accuracy of the Trend
Projection for Visalia is 72%. In other words, when tested against historical data,
the forecasting methodology was correct 72% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Visalia is 72% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 1st Quarter of 2019 than they were in the 1st
Quarter of 2018. Check this page each quarter for updates to the Visalia Real
Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      73%

The forecast for the trend in the Visalia housing market for the 3 years ending
with the 1st Quarter of 2021 is UP. The Accuracy of the Trend Prediction for
Visalia 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 rising house prices in
Visalia is 73% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 1st Quarter of 2021 than they were in the 1st
Quarter of 2018. Check this page each quarter for updates to the Visalia Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
1st Quarter, 2018 Housing Data: Visalia, California


Historical Home Price Appreciation
Last Quarter                         0.50%
Last Year                              6.9%
Last 5 Years                         48%
Last 10 Years                       -4%
Last 20 Years                       91%
Decline From All Time High   18.96%


Annual Home Price Appreciation Rates
1988      5.25%
1989      7.20%
1990      10.83%
1991      7.57%
1992      2.69%
1993      1.27%
1994      -2.90%
1995      2.51%
1996      -0.90%
1997      0.36%
1998      3.43%
1999      -1.42%
2000      1.82%
2001      6.70%
2002      7.12%
2003      14.23%
2004      28.83%
2005      30.47%
2006      4.45%
2007      -10.12%
2008      -24.60%
2009      -11.37%
2010      -4.56%
2011      -7.15%
2012      1.40%
2013      14.22%
2014      9.56%
2015      4.64%
2016      5.99%
2017      8.52%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.50%         Rank: 251 of 381 (34th Percentile)
Last Year  . . . . . . . . . . . . . . . .  6.9%           Rank: 150 of 381 (60th Percentile)
Last 5 Years                              48%            Rank: 62 of 381 (83rd Percentile)
Last 10 Years  . . . . . . . . . . . .   -4%            Rank: 322 of 381 (15th Percentile)
Last 20 Years                            91%            Rank: 144 of 379 (62nd Percentile)
Decline From All Time High        18.96%

The change in home prices for Visalia-Porterville, CA are shown above for five
time periods. For example: Visalia appreciated 0.50% in the Last Quarter. At
that rate, the Visalia Real Estate Market was ranked 251st out of 381
metropolitan Real Estate Markets. Visalia was in the 34th percentile. So Visalia,
CA performed better in the Last Quarter than 34% of the 381 metropolitan
areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
1st Quarter, 2018 Housing Statistics: Visalia, California

The data and analysis on this page pertains to Visalia-Porterville, CA,
hereinafter referred to as "Visalia". The all time high in the Visalia Home Price
Index was 248.6 in the 3rd Quarter, of 2006. The 1st Quarter, 2018 index value
was 201.5. That's a decline of 47.15 points or 18.96% below the Visalia Home
Price Index all time high.  The Home Price Index indicates that the Visalia Market
is down 4% over the last 10 years. Home prices in the Visalia Real Estate
Market have gained 6.89% over the last 12 months. Over the last thirty years, it
is up 170%.

The 1st Quarter index value was 1.00 points higher than the 4th Quarter, 2017
index value of 200.49, resulting in a 0.50% rise in the 1st Quarter for the Visalia
Market.

The Visalia Home Price Index has increased for the last 7 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 27
consecutive quarters. The current record holders for consecutive declines in
the Home Price Index are Tallahassee, FL; Syracuse, NY; Sioux City, IA;
Shreveport, LA and Peoria, IL, with declines in the last 2 consecutive quarters.

The highest annual change in the value of houses in the Visalia Real Estate
Market was 32% in the twelve months ended with the 2nd Quarter of 2005. The
worst annual change in home values  in the Visalia Market was -25% in the
twelve months ended with the 4th Quarter of 2008.

The highest growth in home values in the Visalia Real Estate Market over a
three year period was 93% in the three years ended with the 1st Quarter of
2006. The worst performance over a three year period in the Visalia Market was
-41% in the three years ended with the 1st Quarter of 2010.

This page provides a long term graph of the Visalia 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 Visalia 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 Visalia 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 Visalia 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
1st Quarter, 2018 Housing Data: Visalia, California

The trend of Visalia 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 Visalia-Porterville, CA, hereinafter referred to as "Visalia".

Last Quarter:
During the 1st Quarter of 2018, Visalia Home Prices had a rank of 251, with
appreciation of 0.50%. The top performing real estate market during the 1st
Quarter was Goldsboro, NC, with a rise of 9.78%. The worst market during that
period was Cumberland, MD, with appreciation of -9.30%.
The median for all cities during the 1st Quarter was 1.15%. The average for all
markets during the quarter was 0.97%.

Last Year:
During the last 12 months, Visalia Home Prices had a rank of 150, with
appreciation during the year of 6.89%. The top performing market during the
last year was Boise City, ID, with an increase of 15.3%. The worst real estate
market during that period was Farmington, NM, with appreciation of -6.0%.
The median for all markets during this period was 5.97%. The average was
5.82%.

Last 5 Years:
Over the 5 years ended with the 1st Quarter of 2018, Visalia Home Prices
ranked 62, with a total appreciation of 47.8%. The top performing real estate
market during the 5 year period was Reno, NV, with a growth in value of 90%.
The worst market during that period was Farmington, NM, with appreciation of
-4%.
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 1st Quarter of 2018, Visalia Home Prices had
a rank of 322, with appreciation during the decade of -4%. The top performing
market during the period was Denver, CO, with a rise of 69%. The worst real
estate market during the 10 year time period was Atlantic City, NJ, with
appreciation of -26%.
The median for all markets during the last 10 years was 8%. The average for
the cities over that time frame was 9%.

Last 20 Years:
During the 20 years ended in the 1st Quarter of 2018, Visalia 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 282%. The worst market during the last 20 years was Rockford, IL,
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 88%.

Historical research data on the Home Price Index for the Visalia 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 Visalia. 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 Monday, July 30, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.


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