Winston, NC - House Price Index (HPI)
Winston Real Estate Market - Home Price Forecast
100
1000
The House Price Index (HPI) shows changes in Winston-Salem, NC 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
Winston Real Estate Prices Market: Trend Outlook, Analysis & Statistics
Commentary  576.56
4th Quarter, 2017 Housing Statistics: Winston, North Carolina


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      88%

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 Winston housing market for the 12
months ending with the 4th Quarter of 2018 is UP. The Accuracy of the Trend
Projection for Winston is 88%. In other words, when tested against historical
data, the forecasting methodology was correct 88% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Winston is 88% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 4th Quarter of 2018 than they were in the 4th
Quarter of 2017. Check this page each quarter for updates to the Winston Real
Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      86%

The forecast for the trend in the Winston housing market for the 3 years ending
with the 4th Quarter of 2020 is UP. The Accuracy of the Trend Prediction for
Winston is 86%. In other words, when tested against historical data, the
forecasting methodology was correct 86% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Winston is 86% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 4th Quarter of 2020 than they were in the 4th
Quarter of 2017. Check this page each quarter for updates to the Winston Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2017 Housing Data: Winston, North Carolina


Historical Home Price Appreciation
Last Quarter                         0.92%
Last Year                              3.3%
Last 5 Years                         11%
Last 10 Years                       4%
Last 20 Years                       45%



Annual Home Price Appreciation Rates
1988      2.20%
1989      2.77%
1990      1.69%
1991      2.45%
1992      2.29%
1993      3.49%
1994      3.46%
1995      4.74%
1996      3.82%
1997      4.52%
1998      4.94%
1999      2.32%
2000      4.30%
2001      4.92%
2002      2.68%
2003      2.50%
2004      2.54%
2005      5.17%
2006      3.27%
2007      1.28%
2008      -1.01%
2009      -1.76%
2010      -0.98%
2011      -1.71%
2012      -1.16%
2013      -2.71%
2014      1.48%
2015      3.70%
2016      4.98%
2017      3.30%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.92%         Rank: 179 of 381 (53rd Percentile)
Last Year  . . . . . . . . . . . . . . . .  3.3%           Rank: 286 of 381 (25th Percentile)
Last 5 Years                              11%            Rank: 287 of 381 (24th Percentile)
Last 10 Years  . . . . . . . . . . . .   4%              Rank: 222 of 381 (41st Percentile)
Last 20 Years                            45%            Rank: 333 of 379 (12th Percentile)


The change in home prices for Winston-Salem, NC are shown above for five
time periods. For example: Winston appreciated 0.92% in the Last Quarter. At
that rate, the Winston Real Estate Market was ranked 179th out of 381
metropolitan Real Estate Markets. Winston was in the 53rd percentile. So
Winston, NC performed better in the Last Quarter than 53% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2017 Housing Statistics: Winston, North Carolina

The data and analysis on this page pertains to Winston-Salem, NC, hereinafter
referred to as "Winston". The all time high in the Winston Home Price Index was
163.0 in the 4th Quarter, of 2017.  The Home Price Index indicates that the
Winston Market is up 4% over the last 10 years. Home prices in the Winston
Real Estate Market have gained 3.30% over the last 12 months. Over the last
thirty years, it is up 97%.

The 4th Quarter index value was 1.48 points higher than the 3rd Quarter, 2017
index value of 161.55, resulting in a 0.92% rise in the 4th Quarter for the
Winston Market.

The Winston Home Price Index has increased for 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 26 consecutive quarters. The current record holders for consecutive
declines in the Home Price Index are Victoria, TX; Topeka, KS; Texarkana,
TX-AR; Springfield, MA and Peoria, IL, with declines in the last 2 consecutive
quarters.

The highest annual change in the value of houses in the Winston Real Estate
Market was 18% in the twelve months ended with the 4th Quarter of 1981. The
worst annual change in home values  in the Winston Market was -5% in the
twelve months ended with the 1st Quarter of 2010.

The highest growth in home values in the Winston Real Estate Market over a
three year period was 24% in the three years ended with the 3rd Quarter of
1987. The worst performance over a three year period in the Winston Market
was -9% in the three years ended with the 2nd Quarter of 2012.

This page provides a long term graph of the Winston Home Price Index (above).
For information about North Carolina 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 Winston 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 Winston 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 Winston 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
4th Quarter, 2017 Housing Data: Winston, North Carolina

The trend of Winston 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 Winston-Salem, NC, hereinafter referred to as "Winston".

Last Quarter:
During the 4th Quarter of 2017, Winston Home Prices had a rank of 179, with
appreciation of 0.92%. The top performing real estate market during the 4th
Quarter was Gadsden, AL, with a rise of 13.11%. The worst market during that
period was Hinesville, GA, with appreciation of -6.79%.
The median for all cities during the 4th Quarter was 0.75%. The average for all
markets during the quarter was 0.69%.

Last Year:
During the last 12 months, Winston Home Prices had a rank of 286, with
appreciation during the year of 3.30%. The top performing market during the
last year was Sebastian, FL, with an increase of 16.4%. The worst real estate
market during that period was Goldsboro, NC, with appreciation of -6.9%.
The median for all markets during this period was 5.37%. The average was
5.53%.

Last 5 Years:
Over the 5 years ended with the 4th Quarter of 2017, Winston Home Prices
ranked 287, with a total appreciation of 11.0%. The top performing real estate
market during the 5 year period was Reno, NV, with a growth in value of 94%.
The worst market during that period was Goldsboro, NC, with appreciation of
-5%.
The median for all cities during this time period was 19%. The average over the
5 years was 25%.

Last 10 Years:
During the 10 years ended in the 4th Quarter of 2017, Winston Home Prices
had a rank of 222, with appreciation during the decade of 4%. The top
performing market during the period was Denver, CO, with a rise of 65%. The
worst real estate market during the 10 year time period was Atlantic City, NJ,
with appreciation of -27%.
The median for all markets during the last 10 years was 7%. The average for
the cities over that time frame was 8%.

Last 20 Years:
During the 20 years ended in the 4th Quarter of 2017, Winston Home Prices
had a rank of 333, with total growth over the 20 year period of 45%. The top
performing real estate market during the period was San Francisco, CA, with an
increase of 280%. The worst market during the last 20 years was Saginaw, MI,
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 89%.

Historical research data on the Home Price Index for the Winston 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 Winston. 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 Thursday, May 3, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.


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