Beaumont, TX - House Price Index (HPI)
Beaumont Real Estate Market Forecast
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The House Price Index (HPI) shows changes in Beaumont-Port Arthur, TX 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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Beaumont Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  2518.56
3rd Quarter, 2018 Housing Statistics: Beaumont, Texas


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      80%

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 Beaumont housing market for the 12
months ending with the 3rd Quarter of 2019 is UP. The Accuracy of the Trend
Projection for Beaumont is 80%. In other words, when tested against historical
data, the forecasting methodology was correct 80% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Beaumont is 80% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 3rd Quarter of 2019 than they were in the 3rd
Quarter of 2018. Check this page each quarter for updates to the Beaumont
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      78%

The forecast for the trend in the Beaumont housing market for the 3 years
ending with the 3rd Quarter of 2021 is UP. The Accuracy of the Trend
Prediction for Beaumont is 78%. In other words, when tested against historical
data, the forecasting methodology was correct 78% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Beaumont is 78% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 3rd Quarter of 2021 than they were in the 3rd
Quarter of 2018. Check this page each quarter for updates to the Beaumont
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2018 Housing Data: Beaumont, Texas


Historical Home Price Appreciation
Last Quarter                                     5.55%
Last Year . . . . . . . . . . . . . . . . . . . .  8.0%
Last 5 Years                                     25%
Last 10 Years . . . . . . . . . . . . . . . . . 25%
Last 20 Years                                   93%



Annual Home Price Appreciation Rates
1988      0.12%
1989      4.89%
1990      0.61%
1991      7.19%
1992      5.58%
1993      3.30%
1994      0.25%
1995      3.12%
1996      0.70%
1997      3.06%
1998      3.19%
1999      4.50%
2000      3.11%
2001      3.90%
2002      4.55%
2003      3.75%
2004      5.45%
2005      2.15%
2006      9.72%
2007      5.98%
2008      1.72%
2009      1.37%
2010      -2.65%
2011      -2.17%
2012      1.07%
2013      -0.11%
2014      3.66%
2015      4.47%
2016      6.55%
2017      0.31%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              5.55%         Rank: 9 of 381 (97th Percentile)
Last Year  . . . . . . . . . . . . . . . .  8.0%           Rank: 101 of 381 (73rd Percentile)
Last 5 Years                              25%            Rank: 184 of 381 (51st Percentile)
Last 10 Years  . . . . . . . . . . . .   25%            Rank: 123 of 381 (67th Percentile)
Last 20 Years                            93%            Rank: 153 of 379 (59th Percentile)


The change in home prices for Beaumont-Port Arthur, TX are shown above for
five time periods. For example: Beaumont appreciated 5.55% in the Last
Quarter. At that rate, the Beaumont Real Estate Market was ranked 9th out of
381 metropolitan Real Estate Markets. Beaumont was in the 97th percentile. So
Beaumont, TX performed better in the Last Quarter than 97% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2018 Housing Statistics: Beaumont, Texas

The data and analysis on this page pertains to Beaumont-Port Arthur, TX,
hereinafter referred to as "Beaumont". The all time high in the Beaumont Home
Price Index was 214.5 in the 3rd Quarter, of 2018.  The Home Price Index
indicates that the Beaumont Market is up 25% over the last 10 years. Home
prices in the Beaumont Real Estate Market have gained 7.96% over the last 12
months. Over the last thirty years, it is up 165%.

The 3rd Quarter index value was 11.27 points higher than the 2nd Quarter,
2018 index value of 203.18, resulting in a 5.55% rise in the 3rd Quarter for the
Beaumont Market.

The Beaumont 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 29 consecutive quarters. The current record holders for consecutive
declines in the Home Price Index are Winchester, VA; Trenton, NJ; Peoria, IL;
Great Falls, MT and Fayetteville, NC, with declines in the last 2 consecutive
quarters.

The highest annual change in the value of houses in the Beaumont Real Estate
Market was 15% in the twelve months ended with the 1st Quarter of 1982. The
worst annual change in home values  in the Beaumont Market was -7% in the
twelve months ended with the 3rd Quarter of 1987.

The highest growth in home values in the Beaumont Real Estate Market over a
three year period was 22% in the three years ended with the 2nd Quarter of
2008. The worst performance over a three year period in the Beaumont Market
was -12% in the three years ended with the 3rd Quarter of 1987.

This page provides a long term graph of the Beaumont Home Price Index
(above). For information about Texas 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 Beaumont 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 Beaumont 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 Beaumont 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, 2018 Housing Data: Beaumont, Texas

The trend of Beaumont 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 Beaumont-Port Arthur, TX, hereinafter referred to as "Beaumont".

Last Quarter:
During the 3rd Quarter of 2018, Beaumont Home Prices had a rank of 9, with
appreciation of 5.55%. The top performing real estate market during the 3rd
Quarter was Sumter, SC, with a rise of 13.55%. The worst market during that
period was Cumberland, MD, with appreciation of -5.75%.
The median for all cities during the 3rd Quarter was 1.57%. The average for all
markets during the quarter was 1.54%.

Last Year:
During the last 12 months, Beaumont Home Prices had a rank of 101, with
appreciation during the year of 7.96%. The top performing market during the
last year was Las Vegas, NV, with an increase of 18.1%. The worst real estate
market during that period was Cumberland, MD, with appreciation of -5.6%.
The median for all markets during this period was 6.14%. The average was
6.07%.

Last 5 Years:
Over the 5 years ended with the 3rd Quarter of 2018, Beaumont Home Prices
ranked 184, with a total appreciation of 24.9%. The top performing real estate
market during the 5 year period was Reno, NV, with a growth in value of 81%.
The worst market during that period was Jacksonville, NC, with appreciation of
-2%.
The median for all cities during this time period was 24%. The average over the
5 years was 28%.

Last 10 Years:
During the 10 years ended in the 3rd Quarter of 2018, Beaumont Home Prices
had a rank of 123, with appreciation during the decade of 25%. The top
performing market during the period was Denver, CO, with a rise of 83%. The
worst real estate market during the 10 year time period was Vineland, NJ, with
appreciation of -19%.
The median for all markets during the last 10 years was 18%. The average for
the cities over that time frame was 20%.

Last 20 Years:
During the 20 years ended in the 3rd Quarter of 2018, Beaumont Home Prices
had a rank of 153, with total growth over the 20 year period of 93%. The top
performing real estate market during the period was San Francisco, CA, with an
increase of 289%. The worst market during the last 20 years was Saginaw, MI,
with appreciation of 21%.
The median for all cities during the last 20 years was 83%. The average for the
markets over that time frame was 92%.

Historical research data on the Home Price Index for the Beaumont Real Estate
Market is available back to the 3rd Quarter, of 1978. All calculations are based
on the quarterly value of the House Price Index for Beaumont. 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, December 20, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.





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