San Diego, CA - House Price Index (HPI)
San Diego Real Estate Market - Home Price Forecast
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1000
The House Price Index (HPI) shows changes in San Diego-Carlsbad-San Marcos, CA 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
San Diego Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  2793.56
3rd Quarter, 2018 Housing Statistics: San Diego, California


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 San Diego housing market for the 12
months ending with the 3rd Quarter of 2019 is UP. The Accuracy of the Trend
Projection for San Diego 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 San
Diego is 82% 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 San Diego
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      77%

The forecast for the trend in the San Diego housing market for the 3 years
ending with the 3rd Quarter of 2021 is UP. The Accuracy of the Trend
Prediction for San Diego is 77%. In other words, when tested against historical
data, the forecasting methodology was correct 77% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in San
Diego is 77% 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 San Diego
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2018 Housing Data: San Diego, California


Historical Home Price Appreciation
Last Quarter                         0.84%
Last Year                              7.1%
Last 5 Years                         41%
Last 10 Years                       48%
Last 20 Years                       205%



Annual Home Price Appreciation Rates
1988      17.50%
1989      19.31%
1990      1.47%
1991      -0.14%
1992      -2.16%
1993      -3.13%
1994      -4.71%
1995      1.36%
1996      -0.69%
1997      4.78%
1998      11.13%
1999      10.53%
2000      15.46%
2001      11.70%
2002      17.24%
2003      16.83%
2004      27.11%
2005      10.87%
2006      -1.60%
2007      -9.78%
2008      -19.51%
2009      -3.88%
2010      -0.03%
2011      -4.36%
2012      3.16%
2013      16.50%
2014      5.79%
2015      6.42%
2016      6.75%
2017      8.38%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.84%         Rank: 259 of 381 (32nd Percentile)
Last Year  . . . . . . . . . . . . . . . .  7.1%           Rank: 142 of 381 (62nd Percentile)
Last 5 Years                              41%            Rank: 88 of 381 (77th Percentile)
Last 10 Years  . . . . . . . . . . . .   48%            Rank: 24 of 381 (93rd Percentile)
Last 20 Years                            205%          Rank: 8 of 379 (98th Percentile)


The change in home prices for San Diego-Carlsbad, CA are shown above for
five time periods. For example: San Diego appreciated 0.84% in the Last
Quarter. At that rate, the San Diego Real Estate Market was ranked 259th out
of 381 metropolitan Real Estate Markets. San Diego was in the 32nd percentile.
So San Diego, CA performed better in the Last Quarter than 32% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2018 Housing Statistics: San Diego, California

The data and analysis on this page pertains to San Diego-Carlsbad, CA,
hereinafter referred to as "San Diego". The all time high in the San Diego Home
Price Index was 350.4 in the 3rd Quarter, of 2018.  The Home Price Index
indicates that the San Diego Market is up 48% over the last 10 years. Home
prices in the San Diego Real Estate Market have gained 7.07% over the last 12
months. Over the last thirty years, it is up 305%.

The 3rd Quarter index value was 2.91 points higher than the 2nd Quarter, 2018
index value of 347.47, resulting in a 0.84% rise in the 3rd Quarter for the San
Diego Market.

The San Diego Home Price Index has increased for the last 25 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 San Diego Real Estate
Market was 32% in the twelve months ended with the 3rd Quarter of 2004. The
worst annual change in home values  in the San Diego Market was -20% in the
twelve months ended with the 3rd Quarter of 2008.

The highest growth in home values in the San Diego Real Estate Market over a
three year period was 88% in the three years ended with the 3rd Quarter of
1979. The worst performance over a three year period in the San Diego Market
was -32% in the three years ended with the 3rd Quarter of 2009.

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

The trend of San Diego 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 San Diego-Carlsbad, CA, hereinafter referred to as "San Diego".

Last Quarter:
During the 3rd Quarter of 2018, San Diego Home Prices had a rank of 259, with
appreciation of 0.84%. 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, San Diego Home Prices had a rank of 142, with
appreciation during the year of 7.07%. 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, San Diego Home Prices
ranked 88, with a total appreciation of 41.1%. 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, San Diego Home Prices
had a rank of 24, with appreciation during the decade of 48%. 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, San Diego Home Prices
had a rank of 8, with total growth over the 20 year period of 205%. 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 San Diego Real Estate
Market is available back to the 1st Quarter, of 1976. All calculations are based
on the quarterly value of the House Price Index for San Diego. 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, January 31, 2019.
SignalTrend  Inc. 2008 - 2019; All rights reserved.




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