Wenatchee, WA - House Price Index (HPI)
Wenatchee Real Estate Market - Home Price Forecast
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1000
The House Price Index (HPI) shows changes in Wenatchee, WA 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
Wenatchee Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  27951
3rd Quarter, 2017 Housing Statistics: Wenatchee, Washington


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 Wenatchee housing market for the 12
months ending with the 3rd Quarter of 2018 is UP. The Accuracy of the Trend
Projection for Wenatchee 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
Wenatchee 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 Wenatchee
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      83%

The forecast for the trend in the Wenatchee housing market for the 3 years
ending with the 3rd Quarter of 2020 is UP. The Accuracy of the Trend
Prediction for Wenatchee is 83%. In other words, when tested against historical
data, the forecasting methodology was correct 83% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Wenatchee is 83% 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 Wenatchee
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2017 Housing Data: Wenatchee, Washington


Historical Home Price Appreciation
Last Quarter                         4.03%
Last Year                              9.9%
Last 5 Years                         38%
Last 10 Years                       13%
Last 20 Years                       117%



Annual Home Price Appreciation Rates
1987      -1.24%
1988      -0.11%
1989      4.27%
1990      12.19%
1991      14.86%
1992      10.03%
1993      8.17%
1994      8.08%
1995      8.16%
1996      -0.55%
1997      1.39%
1998      3.72%
1999      -2.17%
2000      1.50%
2001      5.04%
2002      3.51%
2003      2.22%
2004      8.93%
2005      15.42%
2006      21.42%
2007      11.32%
2008      -0.87%
2009      -7.71%
2010      -4.35%
2011      -6.50%
2012      0.65%
2013      3.24%
2014      7.34%
2015      6.04%
2016      6.25%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              4.03%         Rank: 24 of 381 (93rd Percentile)
Last Year  . . . . . . . . . . . . . . . .  9.9%           Rank: 48 of 381 (87th Percentile)
Last 5 Years                              38%            Rank: 87 of 381 (77th Percentile)
Last 10 Years  . . . . . . . . . . . .   13%            Rank: 122 of 381 (68th Percentile)
Last 20 Years                            117%          Rank: 84 of 379 (78th Percentile)


The change in home prices for Wenatchee, WA are shown above for five time
periods. For example: Wenatchee appreciated 4.03% in the Last Quarter. At
that rate, the Wenatchee Real Estate Market was ranked 24th out of 381
metropolitan Real Estate Markets. Wenatchee was in the 93rd percentile. So
Wenatchee, WA performed better in the Last Quarter than 93% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2017 Housing Statistics: Wenatchee, Washington

The all time high in the Wenatchee Home Price Index was 233.2 in the 3rd
Quarter, of 2017.  The Home Price Index indicates that the Wenatchee Market
is up 13% over the last 10 years. Home prices in the Wenatchee Real Estate
Market have gained 9.86% over the last 12 months. Over the last thirty years, it
is up 299%.

The 3rd Quarter index value was 9.03 points higher than the 2nd Quarter, 2017
index value of 224.19, resulting in a 4.03% rise in the 3rd Quarter for the
Wenatchee Market.

The Wenatchee Home Price Index has increased for the last 6 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 Wenatchee Real
Estate Market was 22% in the twelve months ended with the 2nd Quarter of
2007. The worst annual change in home values  in the Wenatchee Market was
-9% in the twelve months ended with the 1st Quarter of 2010.

The highest growth in home values in the Wenatchee Real Estate Market over
a three year period was 61% in the three years ended with the 2nd Quarter of
2007. The worst performance over a three year period in the Wenatchee
Market was -17% in the three years ended with the 4th Quarter of 2011.

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

The trend of Wenatchee 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, Wenatchee Home Prices had a rank of 24, with
appreciation of 4.03%. 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, Wenatchee Home Prices had a rank of 48, with
appreciation during the year of 9.86%. 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, Wenatchee Home Prices
ranked 87, with a total appreciation of 37.9%. 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, Wenatchee Home Prices
had a rank of 122, with appreciation during the decade of 13%. 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, Wenatchee Home Prices
had a rank of 84, with total growth over the 20 year period of 117%. 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 Wenatchee Real
Estate Market is available back to the 4th Quarter, of 1978. All calculations are
based on the quarterly value of the House Price Index for Wenatchee. 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, February 14, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.


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