Tuesday, November 25, 2008

Bay Area Home Prices Down 33%, Back to May 2003 Levels

The Case-Shiller Home Price Index was updated today through September 2008.

San Francisco Area values in September were down 29% from last year, and approximately 33% from the their peak in May of 2006.

  Phoenix LA San Diego San Francisco
January 2000 100.00 100.00 100.00 100.00
February 2000 100.43 100.62 101.07 102.70
March 2000 101.42 102.13 103.26 106.56
April 2000 102.13 103.70 105.42 110.97
May 2000 102.98 104.99 107.15 115.01
June 2000 103.89 106.36 109.64 118.45
July 2000 104.35 107.23 111.21 119.48
August 2000 104.92 108.18 112.84 119.95
September 2000 105.34 108.94 113.66 120.94
October 2000 105.67 109.56 114.22 123.08
November 2000 105.93 110.12 115.49 125.66
December 2000 105.88 110.12 116.32 128.58
January 2001 105.93 110.88 117.54 131.16
February 2001 106.27 111.32 118.46 133.27
March 2001 107.05 112.98 121.19 134.10
April 2001 107.85 114.12 122.93 134.38
May 2001 108.65 115.31 124.30 134.09
June 2001 109.19 116.47 125.28 132.64
July 2001 109.85 117.36 126.34 130.95
August 2001 110.36 118.67 127.19 129.15
September 2001 110.75 119.51 128.19 128.60
October 2001 111.20 120.16 129.14 128.01
November 2001 111.31 120.48 129.71 126.99
December 2001 111.57 120.65 129.31 125.47
January 2002 111.61 121.45 128.79 125.13
February 2002 112.05 122.26 129.82 126.06
March 2002 112.63 124.12 131.76 128.79
April 2002 113.34 126.23 135.04 132.62
May 2002 114.05 128.73 138.14 136.07
June 2002 114.83 131.59 141.41 139.35
July 2002 115.41 133.97 144.15 141.02
August 2002 115.90 136.59 147.25 141.93
September 2002 116.14 138.62 149.54 142.29
October 2002 116.42 140.76 151.87 142.74
November 2002 116.59 142.07 153.58 143.06
December 2002 116.70 143.26 154.43 142.40
January 2003 117.10 144.27 155.40 141.90
February 2003 117.72 145.30 156.17 142.19
March 2003 118.75 147.23 157.75 143.00
April 2003 119.37 149.65 160.23 144.69
May 2003 120.00 152.27 162.55 145.53
June 2003 120.79 154.98 165.26 146.53
July 2003 121.79 158.34 167.98 147.75
August 2003 122.89 161.89 171.27 148.72
September 2003 123.82 165.29 175.03 150.25
October 2003 124.75 168.40 178.70 151.75
November 2003 125.53 171.11 181.79 153.36
December 2003 126.33 173.98 184.11 154.62
January 2004 126.61 177.01 186.33 155.93
February 2004 127.28 180.49 189.89 158.11
March 2004 128.50 186.55 196.40 160.90
April 2004 130.10 193.22 203.64 164.65
May 2004 131.95 199.58 210.94 167.76
June 2004 134.00 206.38 218.18 171.51
July 2004 136.42 211.08 224.22 173.85
August 2004 138.66 213.49 227.67 175.89
September 2004 141.64 215.08 230.64 178.15
October 2004 145.07 215.74 232.28 180.75
November 2004 148.59 216.58 232.63 183.15
December 2004 152.38 217.34 233.08 185.72
January 2005 155.49 219.41 233.78 189.35
February 2005 160.00 222.29 235.64 193.50
March 2005 165.96 226.75 236.56 198.30
April 2005 173.08 231.59 239.58 201.86
May 2005 180.16 236.68 242.00 205.52
June 2005 188.96 241.70 245.35 208.92
July 2005 197.15 246.37 247.33 211.56
August 2005 204.94 251.10 248.45 212.86
September 2005 211.45 255.85 249.03 214.73
October 2005 215.95 260.16 249.79 215.55
November 2005 219.12 262.56 250.34 215.70
December 2005 220.75 264.77 248.55 215.11
January 2006 221.81 265.92 247.46 214.78
February 2006 222.65 267.75 247.89 215.50
March 2006 223.53 268.23 248.09 216.04
April 2006 225.12 270.44 249.35 217.52
May 2006 226.51 272.12 249.14 218.37
June 2006 227.42 273.22 249.60 218.12
July 2006 227.38 273.85 249.05 217.63
August 2006 227.01 273.80 247.30 217.22
September 2006 225.20 273.94 246.60 216.37
October 2006 224.50 273.66 244.03 215.42
November 2006 223.13 273.05 242.11 213.84
December 2006 221.50 270.03 238.08 212.13
January 2007 220.20 268.68 237.15 211.78
February 2007 218.07 266.63 235.53 210.78
March 2007 216.86 264.58 233.27 211.09
April 2007 215.04 263.36 232.66 211.47
May 2007 213.94 263.19 231.78 210.89
June 2007 212.52 262.12 231.36 209.48
July 2007 210.78 260.84 229.66 208.64
August 2007 208.86 258.07 226.73 208.15
September 2007 205.28 254.79 222.82 206.46
October 2007 200.72 249.50 217.02 202.03
November 2007 194.45 240.43 209.6 195.49
December 2007 187.67 233.03 202.45 189.23
January 2008 180.06 224.41 197.45 183.81
February 2008 172.72 214.83 190.34 174.54
March 2008 166.97 207.11 185.42 168.38
April 2008 161.33 202.45 180.56 164.63
May 2008 157.32 198.54 178.03 162.7
June 2008 153.19 195.7 175.37 159.83
July 2008 149.09 192.55 172.2 156.88
August 2008 144.83 189.18 168.23 151.42
September 2008 139.79 184.54 164.12 145.53