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Comprehensive Monthly
Property Valuation Metrics
DataQuick
1-888-604-3282 (DATA)
www.dataquick.com
Summary Notes
Home price growth remained high, but continued to slow in most markets in January.
Sales increased from the very low January levels, but continued at lower levels than the previous
quarter and year.
Foreclosures activity increased in a few areas.
Home price growth was positive in 38 of the 42 reported counties over the last month.
Home price growth was positive in 40 of the 42 reported counties over the last quarter.
Home price growth was positive in 39 of the 42 reported counties over the last year.
Sales increased in 29 of the 42 reported counties over the last month.
Sales increased in 6 of the 42 reported counties over the last quarter.
Sales increased in 16 of the 42 reported counties over the last year.
Foreclosures decreased in 19 of the 42 reported counties over the last month.
Foreclosures decreased in 26 of the 42 reported counties over the last quarter.
Foreclosures decreased in 27 of the 42 reported counties over the last year.
Housing Outlook
As we noted last fall, the pace of home price growth was not sustainable, given the fairly weak
underlying economic drivers. This month, home price growth, while remaining positive, continued the
decrease that had started in previous months. Even with this slowing pace, home prices growth in
February remains above the rate that can be sustained by the currently-weak economic drivers as
average annualized home price growth across all 42 reported markets was 7.5%. This is below the rate
for the last quarter of 9.0% and the rate for the last year of 10.1%.
Factor
Comment
Current Situation
Supply of Housing
Uncertainty
County
MARICOPA
PIMA
ALAMEDA
CONTRA COSTA
LOS ANGELES
ORANGE
RIVERSIDE
SACRAMENTO
SAN BERNARDINO
SAN DIEGO
SANTA CLARA
DENVER
FAIRFIELD
BROWARD
DUVAL
HILLSBOROUGH
LEE
MIAMI-DADE
ORANGE
PALM BEACH
PINELLAS
FULTON
COOK
DUPAGE
MIDDLESEX
MONTGOMERY
OAKLAND
JACKSON
ST. LOUIS
MECKLENBURG
CLARK
QUEENS
SUFFOLK
CUYAHOGA
FRANKLIN
MULTNOMAH
SHELBY
DALLAS
HARRIS
SALT LAKE
FAIRFAX
KING
Metro
Phoenix
Tuscon
Oakland
Richmond
Los Angeles
Orange
Riverside
Sacramento
San Bernardino
San Diego
San Jose
Denver
New York
Ft. Lauderdale
Jacksonville
Tampa
Ft. Myers
Miami
Orlando
Palm Beach
Clearwater
Atlanta
Chicago
Chicago
Boston
Washington, DC
Detroit
Kansas City
St. Louis
Charlotte
Las Vegas
New York
Long Island
Cleveland
Columbus
Portland
Memphis
Dallas
Houston
Salt Lake
Washington, DC
Seattle
Notes:
1. Source: DataQuick
2. Reported sales data do not include new construction.
Current Month
143.5
122.8
144.2
142.9
185.2
173.3
152.5
131.7
171.5
151.7
157.3
135.8
120.8
148.6
118.4
134.0
125.6
156.1
133.2
140.9
136.2
127.9
109.9
122.1
132.5
153.7
97.9
101.8
101.8
115.0
117.3
136.6
132.6
88.0
98.7
154.4
97.6
127.5
127.5
120.7
168.7
164.1
Prior Year
124.4
113.6
122.6
122.1
158.2
150.9
123.0
107.4
136.3
132.1
143.5
127.8
118.8
126.8
114.4
118.6
112.9
135.8
114.5
122.0
120.5
128.2
99.3
113.8
123.1
149.3
84.3
96.7
96.7
113.1
94.9
134.1
134.3
91.1
95.3
148.1
93.4
123.3
123.3
113.4
158.0
141.2
Current Month
660
199
56
97
452
83
292
195
298
126
31
66
45
557
750
568
347
524
377
509
364
260
573
122
27
25
181
249
247
257
461
9
107
418
227
94
269
295
562
108
20
248
Foreclosures
Previous Month
628
175
57
76
390
92
297
186
289
132
36
86
59
434
957
617
212
478
290
384
356
183
465
127
24
24
190
181
370
262
453
21
102
307
261
56
272
330
475
109
22
170
Prior Quarter
737
206
63
83
414
106
315
200
317
152
35
83
50
444
692
508
324
516
236
391
428
298
842
162
15
14
210
233
252
371
680
20
66
363
329
74
304
431
644
110
21
232
Prior Year
1308
299
120
198
894
215
634
455
606
265
54
161
42
446
639
556
251
519
327
408
238
358
874
149
29
15
323
240
338
281
637
11
54
342
383
44
398
437
790
91
46
263
Current Month
5043
954
925
856
4364
1949
2320
1507
1917
1466
600
711
414
2266
1084
1180
1199
1754
1193
1680
1237
1042
2560
809
820
482
1231
469
1102
1066
2754
428
1368
1200
1082
596
776
1578
3205
603
564
1264
Sales
Previous Month
4673
830
905
889
4155
1704
2176
1378
1812
1908
869
753
493
1729
1345
1518
1033
1353
1089
1419
1011
861
2465
751
751
415
1507
417
1499
1289
2672
407
1337
1105
998
701
849
1442
2789
558
486
1712
Prior Quarter
6046
992
905
1031
4547
1903
2510
1738
2154
2231
1066
794
881
2122
1351
1546
1258
1664
1327
1551
1286
1170
2848
1060
970
583
1918
492
1524
1359
3427
553
1298
1289
1380
943
1053
1863
3563
714
610
2178
Prior Year
6540
818
1106
1207
5662
2192
3143
2067
2182
1953
700
807
525
2296
1297
1415
1253
1589
1304
1492
1108
997
2318
721
907
379
903
452
1135
963
3787
328
530
977
1072
594
983
1685
3864
655
586
1324
County
MARICOPA
PIMA
ALAMEDA
CONTRA COSTA
LOS ANGELES
ORANGE
RIVERSIDE
SACRAMENTO
SAN BERNARDINO
SAN DIEGO
SANTA CLARA
DENVER
FAIRFIELD
BROWARD
DUVAL
HILLSBOROUGH
LEE
MIAMI-DADE
ORANGE
PALM BEACH
PINELLAS
FULTON
COOK
DUPAGE
MIDDLESEX
MONTGOMERY
OAKLAND
JACKSON
ST. LOUIS
MECKLENBURG
CLARK
QUEENS
SUFFOLK
CUYAHOGA
FRANKLIN
MULTNOMAH
SHELBY
DALLAS
HARRIS
SALT LAKE
FAIRFAX
KING
Metro
Phoenix
Tuscon
Oakland
Richmond
Los Angeles
Orange
Riverside
Sacramento
San Bernardino
San Diego
San Jose
Denver
New York
Ft. Lauderdale
Jacksonville
Tampa
Ft. Myers
Miami
Orlando
Palm Beach
Clearwater
Atlanta
Chicago
Chicago
Boston
Washington, DC
Detroit
Kansas City
St. Louis
Charlotte
Las Vegas
New York
Long Island
Cleveland
Columbus
Portland
Memphis
Dallas
Houston
Salt Lake
Washington, DC
Seattle
Notes:
1. Source: DataQuick
2. Reported sales data do not include new construction.
Latest Month
0.76%
0.60%
0.91%
0.87%
0.87%
1.00%
1.53%
1.13%
1.61%
0.98%
0.71%
-0.24%
-0.07%
1.39%
0.41%
0.51%
0.70%
0.71%
1.15%
0.77%
0.69%
0.00%
1.10%
0.64%
0.74%
0.18%
0.96%
0.51%
0.51%
-0.25%
1.46%
0.02%
0.03%
-0.79%
0.33%
0.63%
0.15%
0.14%
0.14%
0.35%
0.41%
1.02%
Latest Year
15.33%
8.05%
17.66%
17.02%
17.08%
14.81%
23.99%
22.64%
25.82%
14.78%
9.60%
6.32%
1.67%
17.19%
3.45%
13.00%
11.20%
14.95%
16.32%
15.49%
13.07%
-0.24%
10.72%
7.30%
7.60%
2.91%
16.22%
5.28%
5.28%
1.68%
23.64%
1.84%
-1.27%
-3.38%
3.53%
4.29%
4.47%
3.40%
3.40%
6.47%
6.78%
16.21%
Latest Month
5.10%
13.71%
-1.75%
27.63%
15.90%
-9.78%
-1.68%
4.84%
3.11%
-4.55%
-13.89%
-23.26%
-23.73%
28.34%
-21.63%
-7.94%
63.68%
9.62%
30.00%
32.55%
2.25%
42.08%
23.23%
-3.94%
12.50%
4.17%
-4.74%
37.57%
-33.24%
-1.91%
1.77%
-57.14%
4.90%
36.16%
-13.03%
67.86%
-1.10%
-10.61%
18.32%
-0.92%
-9.09%
45.88%
Latest Year
-49.54%
-33.44%
-53.33%
-51.01%
-49.44%
-61.40%
-53.94%
-57.14%
-50.83%
-52.45%
-42.59%
-59.01%
7.14%
24.89%
17.37%
2.16%
38.25%
0.96%
15.29%
24.75%
52.94%
-27.37%
-34.44%
-18.12%
-6.90%
66.67%
-43.96%
3.75%
-26.92%
-8.54%
-27.63%
-18.18%
98.15%
22.22%
-40.73%
113.64%
-32.41%
-32.49%
-28.86%
18.68%
-56.52%
-5.70%
Latest Month
7.92%
14.94%
2.21%
-3.71%
5.03%
14.38%
6.62%
9.36%
5.79%
-23.17%
-30.96%
-5.58%
-16.02%
31.06%
-19.41%
-22.27%
16.07%
29.64%
9.55%
18.39%
22.35%
21.02%
3.85%
7.72%
9.19%
16.14%
-18.31%
12.47%
-26.48%
-17.30%
3.07%
5.16%
2.32%
8.60%
8.42%
-14.98%
-8.60%
9.43%
14.92%
8.06%
16.05%
-26.17%
Latest Year
-22.89%
16.63%
-16.37%
-29.08%
-22.92%
-11.09%
-26.19%
-27.09%
-12.14%
-24.94%
-14.29%
-11.90%
-21.14%
-1.31%
-16.42%
-16.61%
-4.31%
10.38%
-8.51%
12.60%
11.64%
4.51%
10.44%
12.21%
-9.59%
27.18%
36.32%
3.76%
-2.91%
10.70%
-27.28%
30.49%
158.11%
22.82%
0.93%
0.34%
-21.06%
-6.35%
-17.05%
-7.94%
-3.75%
-4.53%