Columbia Real Estate Market: Trend, Analysis & Statistics   Leave a comment

Columbia Real Estate Market: Trend, Analysis & Statistics.

Last Quarter:
During the 4th Quarter of 2012, Columbia Home Prices had a rank of 217, with
appreciation of 0.29%. The top performing real estate market during the 4th
Quarter was Bismarck, ND, with appreciation of 4.55%. The worst market during
that period was Hattiesburg, MS, with appreciation of -4.02%.
The median appreciation for all cities during the 4th Quarter was 0.47%. The
average appreciation for all markets during the quarter was 0.54%.

Last Year:
During the last 12 months, Columbia Home Prices had a rank of 314, with
appreciation during the year of -1.87%. The top performing market during the
last year was Bismarck, ND, with appreciation of 13.4%. The worst real estate
market during that period was Gainesville, FL, with appreciation of -6.8%.
The median appreciation for all markets during this period was 0.27%. The
average appreciation was 0.31%.

Last 5 Years:
Over the 5 years ended with the 4th Quarter of 2012, Columbia Home Prices
ranked 179, with a total appreciation of -8.3%. The top performing real estate
market during the 5 year period was Bismarck, ND, with appreciation of 24%.
The worst market during that period was Las Vegas, NV, with appreciation of
-54%.
The median appreciation for all cities during this time period was -9%. The
average appreciation over the 5 years was -12%.

Last 10 Years:
During the 10 years ended in the 4th Quarter of 2012, Columbia Home Prices
had a rank of 212, with appreciation during the decade of 16%. The top
performing market during the period was Midland, TX, with appreciation of
104%. The worst real estate market during the 10 year time period was Detroit,
MI, with appreciation of -31%.
The median appreciation for all markets during the last 10 years was 18%. The
average appreciation for the cities over that time frame was 18%.

One thing this clearly shows it that long term strategy for home ownership is a good way to reach you financial goal.

 

 

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Posted May 22, 2013 by Chip Jefferson in Uncategorized

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