Atlanta Real Estate Market: Trend, Analysis & Statistics

2010, 4th Quarter, 2010 Data: Atlanta, Georgia

Part 1: MARKET SUMMARY

Historical Home Price Appreciation
Last Quarter                                     -1.69%
Last Year . . . . . . . . . . . . . . . . . . . .  -4.3%
Last 5 Years                                     -10%
Last 10 Years . . . . . . . . . . . . . . . . . 14%
Last 20 Years                                   74%
Decline From All Time High               14.05%

Annual Home Price Appreciation Rates
1981      8.96%
1982      3.85%
1983      4.16%
1984      6.76%
1985      6.66%
1986      6.38%
1987      4.93%
1988      2.84%
1989      3.08%
1990      -1.76%

1991      2.31%
1992      2.62%
1993      2.70%
1994      1.24%
1995      5.43%
1996      3.45%
1997      5.77%
1998      6.62%
1999      6.64%
2000      6.62%
2001      7.32%
2002      4.42%
2003      3.02%
2004      4.38%
2005      4.85%
2006      3.31%
2007      1.16%
2008      -3.88%
2009      -6.25%
2010      -4.34%

Real Estate Appreciation, Rank & Percentile
Last Quarter                              -1.69%        Rank: 308 of 381 (19th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -4.3%          Rank: 317 of 381 (16th Percentile)
Last 5 Years                              -10%           Rank: 278 of 381 (27th Percentile)
Last 10 Years  . . . . . . . . . . . .   14%            Rank: 346 of 381 (9th Percentile)
Last 20 Years                            74%            Rank: 281 of 346 (18th Percentile)
Decline From All Time High        14.05%

Home Price appreciation rates for Atlanta-Sandy Springs-Marietta, GA are shown above for five time periods. For example: Atlanta appreciated -1.69% in the Last Quarter. At that rate, the Atlanta Real Estate Market was ranked 308th out of 381 metropolitan areas for Real Estate Appreciation. Atlanta was in the 19th percentile. So Atlanta, GA performed better in the Last Quarter than 19% of the 381 metropolitan areas covered in ForecastChart.com.

Part 2: MARKET HIGHLIGHTS
4th Quarter, 2010 Data: Atlanta, Georgia

The data and analysis on this page pertains to Atlanta-Sandy Springs-Marietta, GA, hereinafter referred to as "Atlanta". The all time high in the Atlanta Home Price Index was 184.1 in the 1st Quarter, of 2008. The 4th Quarter, 2010 index value was 158.3. That's a decline of 25.87 points or 14.05% below the Atlanta Home Price Index all time high.  The Home Price Index indicates that the Atlanta
Market is up 14% over the last 10 years. Home Prices in the Atlanta Real Estate Market have lost 4.34% over the last 12 months. Over the last thirty years, it is up 171%.

The 4th Quarter index value was 2.72 points lower than the 3rd Quarter, 2010 index value of 160.97, resulting in a 1.69% decline for the 4th Quarter in the Atlanta Market.

The Atlanta Home Price Index declined in the last quarter after increasing in the previous quarter. The current record holder for consecutive declines in the Home Price Index is West Palm Beach, FL, with declines in the last 18 consecutive quarters. The current record holder for consecutive increases in
the Home Price Index is Springfield, IL, with increases in the last 6 consecutive quarters.

The highest annual home appreciation rate in the Atlanta Real Estate Market was 16% in the twelve months ended with the 1st Quarter of 1980. The worst annual home appreciation rate in the Atlanta Market was -10% in the twelve months ended with the 1st Quarter of 2010.

The highest home appreciation in the Atlanta Real Estate Market over a three year period was 37% in the three years ended with the 2nd Quarter of 1981. The worst home appreciation over a three year period in the Atlanta Market was -14% in the three years ended with the 4th Quarter of 2010.

This page provides a long term graph of the Atlanta Home Price Index (above). The chart has been updated through the 4th Quarter of 2010. For more information about Atlanta Home Prices, look at the links under that chart. One link opens a long term chart of historical appreciation rates for the Atlanta Real Estate Market. Another opens a forecast for appreciation rates in the state of Georgia. Just one glance at ForecastChart.com's long term charts can provide tremendous insight into the historical trends of residential property values. Bookmark this page! Then ForecastChart.com's detailed research and statistics about Atlanta Home Prices will be at your fingertips when you need them.

Historical data on the Atlanta Home Price Index is available back to the 3rd Quarter, of 1976. All calculations are based on the quarterly value of the House Price Index for the Atlanta 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 Atlanta 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 3: APPRECIATION RATES & RANKINGS
4th Quarter, 2010 Data: Atlanta, Georgia

The appreciation of Atlanta 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 Atlanta-Sandy Springs-Marietta, GA, hereinafter referred to as "Atlanta".

Last Quarter:
During the 4th Quarter of 2010, Atlanta Home Prices had a rank of 308, with appreciation of -1.69%. The top performing real estate market during the 4th Quarter was Cape Coral, FL, with appreciation of 4.62%. The worst market during that period was Sebastian, FL, with appreciation of -6.82%. The median appreciation for all cities during the 4th Quarter was -0.68%. The average appreciation for all markets during the quarter was -0.69%.

Last Year:
During the last 12 months, Atlanta Home Prices had a rank of 317, with appreciation during the year of -4.34%. The top performing market during the last year was Bay City, MI, with appreciation of 6.1%. The worst real estate market during that period was Reno, NV, with appreciation of -10.3%. The median appreciation for all markets during this period was -1.13%. The average appreciation was -1.71%.

Last 5 Years:
Over the 5 years ended with the 4th Quarter of 2010, Atlanta Home Prices ranked 278, with a total appreciation of -9.9%. The top performing real estate market during the 5 year period was Midland, TX, with appreciation of 44%. The worst market during that period was Merced, CA, with appreciation of -60%.The median appreciation for all cities during this time period was 1%. The average appreciation over the 5 years was -4%.

Last 10 Years:
During the 10 years ended in the 4th Quarter of 2010, Atlanta Home Prices had a rank of 346, with appreciation during the decade of 14%. The top performing market during the period was Honolulu, HI, with appreciation of 100%. The worst real estate market during the 10 year time period was Detroit, MI, with appreciation of -22%. The median appreciation for all markets during the last 10 years was 37%. The average appreciation for the cities over that time frame was 38%.

Last 20 Years:
During the 20 years ended in the 4th Quarter of 2010, Atlanta Home Prices had a rank of 281, with total appreciation over the 20 year period of 74%. The top performing real estate market during the period was Casper, WY, with appreciation of 245%. The worst market during the last 20 years was Merced,
CA, with appreciation of 14%.The median appreciation for all cities during the last 20 years was 97%. The average appreciation for the markets over that time frame was 101%.

Historical research data on the Home Price Index for the Atlanta Real Estate Market is available back to the 3rd Quarter, of 1976. The chart has been updated through the 4th Quarter of 2010. All calculations are based on the quarterly value of the House Price Index for Atlanta. Real estate appreciation figures represent total appreciation over each time period. (Unless specifically stated, the appreciation figures do not represent annual or quarterly rates of appreciation.)

PART 4: NATIONAL ECONOMIC FORECASTS
Local economies and home values are influenced in varying degrees by national economic conditions. Forecasts for some relevant indicators are included below. The date shown to the right of the forecast represents the target date of the forecast.   Abbreviations: SSAR (Seasonally Adjusted Annual Rate),  Q1 (First Quarter),  Q2 (Second Quarter),  etc.

U. S. Home Values (12 Month Appreciation or Depreciation)  0.2%  (2011-Q1)
30 Year Mortgage Interest Rate:  5.00%  (March, 2012)
15 Year Mortgage Rate:  4.43%  (March, 2012)
Adjustable Rate Mortgage Rate:  3.86%  (March, 2012)
Housing Starts (SSAR in 1000's):  379  (March, 2012)
Prime Interest Rate:  3.25%  (March, 2012)
US Unemployment Rate (Overall):  9.72%  (March, 2012)
US Inflation or Deflation (-):  1.55%  (March, 2012)
Crude Oil Prices (Dollars per Barrel):  $112.7  (March, 2012)
Natural Gas Prices (Dollars Per Million BTU):  $3.73  (March, 2012)
U.S. Dollar Trade Weighted Currency Exchange Index:   101  (March, 2012)
GDP (Gross Domestic Product) SSAR in Trillions:  $15.4  (2011-Q3)
GNP (Gross National Product) SSAR in Trillions:  $15.3  (2011-Q3)
Federal Surplus or Deficit (-) in Billions:  $-1704  (2011)
National Debt (Trillions):  $15.0  (2011-Q3)
Fed Funds Rate:  0.16%  (March, 2012)
S&P 500 (Standard & Poor's 500 Stock Index):  1288  (March, 2012)
DJIA (Dow Jones Industrial Average):  11865  (March, 2012)
U. S. Exports (SSAR in Billions):  $1975  (2011-Q3)
U. S. Imports (SSAR in Billions):  $2572  (2011-Q3)
U. S. Personal Savings Rate:  5.86%  (March, 2012)

2010, 3rd Quarter, 2010 Data: Atlanta, Georgia

Part 1: MARKET SUMMARY

Historical Home Price Appreciation
Last Quarter                                     0.72%
Last Year . . . . . . . . . . . . . . . . . . . .  -4.0%
Last 5 Years                                     -7%
Last 10 Years . . . . . . . . . . . . . . . . . 18%
Last 20 Years                                   76%
Decline From All Time High               12.41%

Annual Home Price Appreciation Rates
1980      8.43%
1981      8.96%
1982      3.85%
1983      4.15%
1984      6.77%
1985      6.66%
1986      6.40%
1987      4.91%
1988      2.85%
1989      3.09%
1990      -1.76%
1991      2.31%
1992      2.62%
1993      2.69%
1994      1.24%
1995      5.43%
1996      3.46%
1997      5.77%
1998      6.61%
1999      6.63%
2000      6.62%
2001      7.33%
2002      4.41%
2003      3.01%
2004      4.36%
2005      4.86%
2006      3.33%
2007      1.20%
2008      -3.59%
2009      -6.40%

Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.72%         Rank: 181 of 381 (52nd Percentile)
Last Year  . . . . . . . . . . . . . . . .  -4.0%          Rank: 303 of 381 (20th Percentile)
Last 5 Years                              -7%             Rank: 277 of 381 (27th Percentile)
Last 10 Years  . . . . . . . . . . . .   18%            Rank: 340 of 381 (10th Percentile)
Last 20 Years                            76%            Rank: 275 of 344 (20th Percentile)
Decline From All Time High        12.41%

Home Price appreciation rates for Atlanta-Sandy Springs-Marietta, GA are shown above for five time periods. For example: Atlanta appreciated 0.72% in the Last Quarter. At that rate, the Atlanta Real Estate Market was ranked 181st out of 381 metropolitan areas for Real Estate Appreciation. Atlanta was in the 52nd percentile. So Atlanta, GA performed better in the Last Quarter than 52% of the 381 metropolitan areas covered in ForecastChart.com.

Part 2: MARKET HIGHLIGHTS
3rd Quarter, 2010 Data: Atlanta, Georgia

The data and analysis on this page pertains to Atlanta-Sandy Springs-Marietta, GA, hereinafter referred to as "Atlanta". The all time high in the Atlanta Home Price Index was 184.3 in the 1st Quarter, of 2008. The 3rd Quarter, 2010 index value was 161.4. That's a decline of 22.87 points or 12.41% below the Atlanta Home Price Index all time high.  The Home Price Index indicates that the Atlanta Market is up 18% over the last 10 years. Home Prices in the Atlanta Real Estate Market have lost 4.01% over the last 12 months. Over the last thirty years, it is up 180%.

The 3rd Quarter index value was 1.16 points higher than the 2nd Quarter, 2010 index value of 160.28, resulting in a 0.72% rise in the 3rd Quarter for the Atlanta Market.

The Atlanta Home Price Index increased in the last quarter after falling in the previous 5 quarters. The current record holders for consecutive increases in the Home Price Index are Shreveport, LA; San Jose, CA; Oakland, CA; Kennewick, WA and Cambridge, MA, with increases in the last 4 consecutive quarters. The current record holder for consecutive declines in the Home Price Index is Las Vegas, NV, with declines in the last 15 consecutive quarters.

The highest annual home appreciation rate in the Atlanta Real Estate Market was 16% in the twelve months ended with the 1st Quarter of 1980. The worst annual home appreciation rate in the Atlanta Market was -10% in the twelve months ended with the 1st Quarter of 2010.

The highest home appreciation in the Atlanta Real Estate Market over a three year period was 37% in the three years ended with the 2nd Quarter of 1981. The worst home appreciation over a three year period in the Atlanta Market was -13% in the three years ended with the 2nd Quarter of 2010.

This page provides a long term graph of the Atlanta Home Price Index (above). The chart has been updated through the 3rd Quarter of 2010. For more information about Atlanta Home Prices, look at the links under that chart. One link opens a long term chart of historical appreciation rates for the Atlanta Real Estate Market. Another opens a forecast for appreciation rates in the state of Georgia. Just one glance at our long term charts can provide tremendous insight into the historical trends of residential property values. Bookmark this page! Then ForecastChart.com's detailed research and statistics about Atlanta Home Prices will be at your fingertips when you need them.

Historical data on the Atlanta Home Price Index is available back to the 3rd Quarter, of 1976. All calculations are based on the quarterly value of the House Price Index for the Atlanta 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 is time required to research quarterly sales price and appraisal data from mortgage transactions in the Atlanta 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 3: APPRECIATION RATES & RANKINGS
3rd Quarter, 2010 Data: Atlanta, Georgia

The appreciation of Atlanta 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 Atlanta-Sandy Springs-Marietta, GA, hereinafter referred to as "Atlanta".

Last Quarter:
During the 3rd Quarter of 2010, Atlanta Home Prices had a rank of 181, with appreciation of 0.72%. The top performing real estate market during the 3rd Quarter was Laredo, TX, with appreciation of 13.94%. The worst market during that period was Coeur d'Alene, ID, with appreciation of -4.45%.The median appreciation for all cities during the 3rd Quarter was 0.66%. The average appreciation for all markets during the quarter was 0.74%.

Last Year:
During the last 12 months, Atlanta Home Prices had a rank of 303, with appreciation during the year of -4.01%. The top performing market during the last year was Laredo, TX, with appreciation of 9.5%. The worst real estate market during that period was Deltona, FL, with appreciation of -15.7%.The median appreciation for all markets during this period was -1.17%. The average appreciation was -1.91%.

Last 5 Years:
Over the 5 years ended with the 3rd Quarter of 2010, Atlanta Home Prices ranked 277, with a total appreciation of -7.3%. The top performing real estate market during the 5 year period was Midland, TX, with appreciation of 50%. The worst market during that period was Merced, CA, with appreciation of -58%.The median appreciation for all cities during this time period was 4%. The average appreciation over the 5 years was -1%.

Last 10 Years:
During the 10 years ended in the 3rd Quarter of 2010, Atlanta Home Prices had a rank of 340, with appreciation during the decade of 18%. The top performing market during the period was Honolulu, HI, with appreciation of 103%. The worst real estate market during the 10 year time period was Detroit, MI, with appreciation of -21%. The median appreciation for all markets during the last 10 years was 41%. The average appreciation for the cities over that time frame was 41%.

Last 20 Years:
During the 20 years ended in the 3rd Quarter of 2010, Atlanta Home Prices had a rank of 275, with total appreciation over the 20 year period of 76%. The top performing real estate market during the period was Missoula, MT, with appreciation of 265%. The worst market during the last 20 years was Merced,
CA, with appreciation of 17%. The median appreciation for all cities during the last 20 years was 97%. The average appreciation for the markets over that time frame was 103%.

Historical research data on the Home Price Index for the Atlanta Real Estate Market is available back to the 3rd Quarter, of 1976. The chart has been updated through the 3rd Quarter of 2010. All calculations are based on the quarterly value of the House Price Index for Atlanta. Real estate appreciation figures represent total appreciation over each time period. (Unless specifically stated, the appreciation figures do not represent annual or quarterly rates of appreciation.)

PART 4: NATIONAL ECONOMIC FORECASTS
Local economies and home values are influenced in varying degrees by national economic conditions. Forecasts for some relevant indicators are included below. The date shown to the right of the forecast represents the target date of the forecast.   Abbreviations: SSAR (Seasonally Adjusted Annual Rate),  Q1 (First Quarter),  Q2 (Second Quarter),  etc.

U. S. Home Values (12 Month Appreciation or Depreciation)  0.3%  (2011-Q4)
30 Year Mortgage Interest Rate:  4.34%  (December, 2011)
15 Year Mortgage Rate:  3.86%  (December, 2011)
Adjustable Rate Mortgage Rate:  3.40%  (December, 2011)
Housing Starts (SSAR in 1000's):  509  (November, 2011)
Prime Interest Rate:  3.25%  (December, 2011)
US unemployment rate (Overall):  9.95%  (November, 2011)
US Inflation or Deflation (-):  0.90%  (November, 2011)
Crude Oil Prices (Dollars per Barrel):  $81.4  (November, 2011)
Natural Gas Prices (Dollars Per Million BTU):  $2.59  (November, 2011)
U.S. Dollar Trade Weighted Currency Exchange Index:   104  (December, 2011)
GDP (Gross Domestic Product) SSAR in Trillions:  $15.1  (2011-Q2)
GNP (Gross National Product) SSAR in Trillions:  $15.4  (2011-Q2)
Federal Surplus or Deficit (-) in Billions:  $-1704  (2011)
National Debt (Trillions):  $15.0  (2011-Q2)
Fed Funds Rate:  0.19%  (December, 2011)
S&P 500 (Standard & Poor's 500 Stock Index):  1191  (December, 2011)
DJIA (Dow Jones Industrial Average):  11102  (December, 2011)
U. S. Exports (SSAR in Billions):  $2067  (2011-Q2)
U. S. Imports (SSAR in Billions):  $2861  (2011-Q2)
U. S. Personal Savings Rate:  5.81%  (November, 2011)