Burlington, Vt - House Price Index (HPI)
Burlington Real Estate Market Forecast  (VT)
The House Price Index (HPI) shows changes in Burlington-South Burlington, VT 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.
Burlington Real Estate Market: Trend Outlook, Analysis & Statistics
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Commentary  2540.56
3rd Quarter, 2018 Housing Statistics: Burlington, Vermont


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      86%

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 Burlington housing market for the 12
months ending with the 3rd Quarter of 2019 is UP. The Accuracy of the Trend
Projection for Burlington 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
Burlington is 86% 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 Burlington
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      80%

The forecast for the trend in the Burlington housing market for the 3 years
ending with the 3rd Quarter of 2021 is UP. The Accuracy of the Trend
Prediction for Burlington 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
Burlington is 80% 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 Burlington
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2018 Housing Data: Burlington, Vermont


Historical Home Price Appreciation
Last Quarter                                     0.53%
Last Year . . . . . . . . . . . . . . . . . . . .  5.3%
Last 5 Years                                     16%
Last 10 Years . . . . . . . . . . . . . . . . . 16%
Last 20 Years                                   128%



Annual Home Price Appreciation Rates
1988      12.21%
1989      7.88%
1990      -1.31%
1991      -1.00%
1992      1.81%
1993      1.03%
1994      1.27%
1995      0.57%
1996      1.12%
1997      1.30%
1998      3.01%
1999      6.61%
2000      9.00%
2001      7.77%
2002      6.60%
2003      10.19%
2004      13.13%
2005      13.09%
2006      3.98%
2007      0.36%
2008      -1.46%
2009      -1.44%
2010      0.78%
2011      0.60%
2012      0.17%
2013      1.15%
2014      1.57%
2015      2.44%
2016      2.57%
2017      4.87%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.53%         Rank: 281 of 381 (26th Percentile)
Last Year  . . . . . . . . . . . . . . . .  5.3%           Rank: 229 of 381 (40th Percentile)
Last 5 Years                              16%            Rank: 280 of 381 (26th Percentile)
Last 10 Years  . . . . . . . . . . . .   16%            Rank: 197 of 381 (48th Percentile)
Last 20 Years                            128%          Rank: 73 of 379 (80th Percentile)


The change in home prices for Burlington-South Burlington, VT are shown
above for five time periods. For example: Burlington appreciated 0.53% in the
Last Quarter. At that rate, the Burlington Real Estate Market was ranked 281st
out of 381 metropolitan Real Estate Markets. Burlington was in the 26th
percentile. So Burlington, VT performed better in the Last Quarter than 26% of
the 381 metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2018 Housing Statistics: Burlington, Vermont

The data and analysis on this page pertains to Burlington-South Burlington, VT,
hereinafter referred to as "Burlington". The all time high in the Burlington Home
Price Index was 243.8 in the 3rd Quarter, of 2018.  The Home Price Index
indicates that the Burlington Market is up 16% over the last 10 years. Home
prices in the Burlington Real Estate Market have gained 5.35% over the last 12
months. Over the last thirty years, it is up 167%.

The 3rd Quarter index value was 1.29 points higher than the 2nd Quarter, 2018
index value of 242.48, resulting in a 0.53% rise in the 3rd Quarter for the
Burlington Market.

The Burlington Home Price Index has increased for the last 4 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 Burlington Real Estate
Market was 17% in the twelve months ended with the 3rd Quarter of 2004. The
worst annual change in home values  in the Burlington Market was -2% in the
twelve months ended with the 2nd Quarter of 2009.

The highest growth in home values in the Burlington Real Estate Market over a
three year period was 44% in the three years ended with the 3rd Quarter of
1988. The worst performance over a three year period in the Burlington Market
was -3% in the three years ended with the 2nd Quarter of 2011.

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

The trend of Burlington 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 Burlington-South Burlington, VT, hereinafter referred to as "Burlington".

Last Quarter:
During the 3rd Quarter of 2018, Burlington Home Prices had a rank of 281, with
appreciation of 0.53%. 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, Burlington Home Prices had a rank of 229, with
appreciation during the year of 5.35%. 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, Burlington Home Prices
ranked 280, with a total appreciation of 15.6%. 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, Burlington Home Prices
had a rank of 197, with appreciation during the decade of 16%. 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, Burlington Home Prices
had a rank of 73, with total growth over the 20 year period of 128%. 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 Burlington Real Estate
Market is available back to the 2nd Quarter, of 1985. All calculations are based
on the quarterly value of the House Price Index for Burlington. 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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