York, PA - House Price Index (HPI)
York Real Estate Market - Home Price Forecast
100
1000
The House Price Index (HPI) shows changes in York-Hanover, PA 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
York Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  579.56
4th Quarter, 2017 Housing Statistics: York, Pennsylvania


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 York housing market for the 12 months
ending with the 4th Quarter of 2018 is UP. The Accuracy of the Trend
Projection for York 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 York
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 York Real
Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      83%

The forecast for the trend in the York housing market for the 3 years ending
with the 4th Quarter of 2020 is UP. The Accuracy of the Trend Prediction for
York 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 York is 83% 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 York Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2017 Housing Data: York, Pennsylvania


Historical Home Price Appreciation
Last Quarter                         0.12%
Last Year                              3.7%
Last 5 Years                         10%
Last 10 Years                       -8%
Last 20 Years                       59%
Decline From All Time High   8.32%


Annual Home Price Appreciation Rates
1988      7.09%
1989      7.94%
1990      2.35%
1991      4.30%
1992      3.29%
1993      1.69%
1994      0.12%
1995      4.44%
1996      -1.38%
1997      3.43%
1998      3.22%
1999      0.68%
2000      1.44%
2001      5.17%
2002      3.90%
2003      6.69%
2004      10.28%
2005      15.71%
2006      8.26%
2007      2.06%
2008      -3.51%
2009      -5.72%
2010      -1.42%
2011      -4.53%
2012      -3.03%
2013      -1.05%
2014      2.14%
2015      3.31%
2016      1.97%
2017      3.73%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.12%         Rank: 255 of 381 (33rd Percentile)
Last Year  . . . . . . . . . . . . . . . .  3.7%           Rank: 266 of 381 (30th Percentile)
Last 5 Years                              10%            Rank: 297 of 381 (22nd Percentile)
Last 10 Years  . . . . . . . . . . . .   -8%            Rank: 330 of 381 (13th Percentile)
Last 20 Years                            59%            Rank: 281 of 379 (25th Percentile)
Decline From All Time High        8.32%

The change in home prices for York-Hanover, PA are shown above for five time
periods. For example: York appreciated 0.12% in the Last Quarter. At that rate,
the York Real Estate Market was ranked 255th out of 381 metropolitan Real
Estate Markets. York was in the 33rd percentile. So York, PA performed better
in the Last Quarter than 33% of the 381 metropolitan areas covered in
LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2017 Housing Statistics: York, Pennsylvania

The data and analysis on this page pertains to York-Hanover, PA, hereinafter
referred to as "York". The all time high in the York Home Price Index was 187.6
in the 1st Quarter, of 2008. The 4th Quarter, 2017 index value was 172.0.
That's a decline of 15.60 points or 8.32% below the York Home Price Index all
time high.  The Home Price Index indicates that the York Market is down 8%
over the last 10 years. Home prices in the York Real Estate Market have gained
3.73% over the last 12 months. Over the last thirty years, it is up 120%.

The 4th Quarter index value was 0.21 points higher than the 3rd Quarter, 2017
index value of 171.76, resulting in a 0.12% rise in the 4th Quarter for the York
Market.

The York 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 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 York Real Estate
Market was 16% in the twelve months ended with the 1st Quarter of 2006. The
worst annual change in home values  in the York Market was -6% in the twelve
months ended with the 3rd Quarter of 2009.

The highest growth in home values in the York Real Estate Market over a three
year period was 40% in the three years ended with the 2nd Quarter of 2006.
The worst performance over a three year period in the York Market was -14% in
the three years ended with the 2nd Quarter of 2011.

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

The trend of York 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 York-Hanover, PA, hereinafter referred to as "York".

Last Quarter:
During the 4th Quarter of 2017, York Home Prices had a rank of 255, with
appreciation of 0.12%. 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, York Home Prices had a rank of 266, with
appreciation during the year of 3.73%. 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, York Home Prices ranked
297, with a total appreciation of 10.5%. 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, York Home Prices had a
rank of 330, with appreciation during the decade of -8%. 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, York Home Prices had a
rank of 281, with total growth over the 20 year period of 59%. 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 York Real Estate
Market is available back to the 4th Quarter, of 1984. All calculations are based
on the quarterly value of the House Price Index for York. 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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