Greeley, CO - House Price Index (HPI)
Greeley Real Estate Market Forecast
The House Price Index (HPI) shows changes in Greeley, CO 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.
Greeley Real Estate Market: Trend Outlook, Analysis & Statistics
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Commentary  2626.56
3rd Quarter, 2018 Housing Statistics: Greeley, Colorado


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      85%

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 Greeley housing market for the 12
months ending with the 3rd Quarter of 2019 is UP. The Accuracy of the Trend
Projection for Greeley is 85%. In other words, when tested against historical
data, the forecasting methodology was correct 85% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Greeley is 85% 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 Greeley Real
Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      74%

The forecast for the trend in the Greeley housing market for the 3 years ending
with the 3rd Quarter of 2021 is UP. The Accuracy of the Trend Prediction for
Greeley is 74%. In other words, when tested against historical data, the
forecasting methodology was correct 74% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Greeley is 74% 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 Greeley Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2018 Housing Data: Greeley, Colorado


Historical Home Price Appreciation
Last Quarter                                     4.35%
Last Year . . . . . . . . . . . . . . . . . . . .  10.5%
Last 5 Years                                     71%
Last 10 Years . . . . . . . . . . . . . . . . . 80%
Last 20 Years                                   127%



Annual Home Price Appreciation Rates
1988      -6.99%
1989      -0.70%
1990      5.90%
1991      5.08%
1992      7.90%
1993      11.88%
1994      12.89%
1995      8.47%
1996      5.33%
1997      6.06%
1998      5.15%
1999      5.29%
2000      8.90%
2001      9.28%
2002      5.15%
2003      1.72%
2004      3.08%
2005      1.47%
2006      -0.63%
2007      -4.70%
2008      -6.70%
2009      -1.88%
2010      -0.07%
2011      -1.27%
2012      2.68%
2013      7.22%
2014      12.56%
2015      12.11%
2016      11.10%
2017      11.49%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              4.35%         Rank: 26 of 381 (93rd Percentile)
Last Year  . . . . . . . . . . . . . . . .  10.5%          Rank: 42 of 381 (89th Percentile)
Last 5 Years                              71%            Rank: 5 of 381 (98th Percentile)
Last 10 Years  . . . . . . . . . . . .   80%            Rank: 3 of 381 (99th Percentile)
Last 20 Years                            127%          Rank: 77 of 379 (79th Percentile)


The change in home prices for Greeley, CO are shown above for five time
periods. For example: Greeley appreciated 4.35% in the Last Quarter. At that
rate, the Greeley Real Estate Market was ranked 26th out of 381 metropolitan
Real Estate Markets. Greeley was in the 93rd percentile. So Greeley, CO
performed better in the Last Quarter than 93% of the 381 metropolitan areas
covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2018 Housing Statistics: Greeley, Colorado

The all time high in the Greeley Home Price Index was 283.2 in the 3rd Quarter,
of 2018.  The Home Price Index indicates that the Greeley Market is up 80%
over the last 10 years. Home prices in the Greeley Real Estate Market have
gained 10.53% over the last 12 months. Over the last thirty years, it is up 335%.

The 3rd Quarter index value was 11.80 points higher than the 2nd Quarter,
2018 index value of 271.36, resulting in a 4.35% rise in the 3rd Quarter for the
Greeley Market.

The Greeley Home Price Index has increased for the last 26 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 Greeley Real Estate
Market was 14% in the twelve months ended with the 2nd Quarter of 1994. The
worst annual change in home values  in the Greeley Market was -8% in the
twelve months ended with the 2nd Quarter of 2010.

The highest growth in home values in the Greeley Real Estate Market over a
three year period was 41% in the three years ended with the 1st Quarter of
2018. The worst performance over a three year period in the Greeley Market
was -14% in the three years ended with the 2nd Quarter of 2010.

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

The trend of Greeley 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 2018, Greeley Home Prices had a rank of 26, with
appreciation of 4.35%. 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, Greeley Home Prices had a rank of 42, with
appreciation during the year of 10.53%. 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, Greeley Home Prices
ranked 5, with a total appreciation of 70.9%. 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, Greeley Home Prices
had a rank of 3, with appreciation during the decade of 80%. 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, Greeley Home Prices
had a rank of 77, with total growth over the 20 year period of 127%. 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 Greeley Real Estate
Market is available back to the 3rd Quarter, of 1985. All calculations are based
on the quarterly value of the House Price Index for Greeley. 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 Saturday, December 29, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.




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