San Diego California Home Prices … Worst is Over
San Diego – Strongest Hosing Market in the Nation
San Diego home prices are on the rise, but, does this mean that the worst is over for the San Diego real estate market? Personally, I believe the governement tax credits( which may be mostly speeding up sales that would have occurred normally) and the fact that there is a huge number of loans due to have their first adjustment this year, could cause a double dip in San Diego housing values.
Year-over-year, the index for San Diego was up 7.6 percent.
San Diego was one of the first metropolitan areas where house prices started to tumble, and now is the only metropolitan area in the nation to show increased home prices between January and February.
Nationally, the S&P index was down .9 percent between January and February, but up .6 percent from the same period last year. Read more 
San Diego California Home Prices
San Diego California home prices for selected San Diego neighborhoods. The data is from MDA Dataquick and the graph was produced by www.websitetrafficbuilders.com
San Diego California Home Prices
Pacific Beach real estate
S&P/Case-Shiller Home Prices in San Diego Increase
San Diego California home prices
In a report released this morning, home prices continued to show an annual rate of decline in the month of December, according to a report released by Standard and Poor’s , although the pace of the drop in home prices continued to slow. But, prices rose in four of 20 cities in December: Los Angeles, Phoenix, San Diego and Las Vegas. In San Diego home prices were up 2.7%. Read more
San Diego Home Prices Drop
San Diego homes for sales
San Diego-based MDA DataQuick reported yesterday, that an estimated 27,858 new and resale houses and condos were sold statewide last month. That’s compared to 41,837 in December and 29,458 statewide in January 2009. California home sales dipped 33.4 percent in January from December, and 5.4 percent compared to January 2009. Read more
San Diego Home Prices – Case-Shiller Home Price Index
San Diego home prices
The good housing news was that according to the Case-Shiller home price index released today by Standard & Poor’s, U.S. homes in 20 major cities rose by 1.2% in August compared with July, the fourth monthly increase in a row. For August, prices rose in 17 of 20 cities. Only Charlotte, Cleveland and Las Vegas recorded month-to-month declines.
The bad housing news part of this report was that in the past year, prices are down 11.3% in the 20 cities. Prices in all 20 cities were lower in August 2009 than in August 2008. Read more
Home Value Index – Largest Drop In History
The Standard & Poor's/Case-Shiller 20-city housing index dropped a record 16.6 percent from August last year, the largest drop since its inception in 2000. The 10-city index plunged 17.7 percent, its biggest decline in its 21-year history.
Home value declines in Las Vegas and Phoenix surpassed 30 percent in August, according to Case-Shiller, prices in Miami, Los Angeles, San Francisco and San Diego all fell more than 25 percent.
No city in the index had a price increase for the last year. The lowest declines were in Dallas (2.7%) and Charlotte North Carolina (2.8%).
Prior related posts:
Real Estate Record Home Price Declines
San Diego Real Estate – 5th Largest Decline Through July
Survey Says Home Values Must Fall Another 14%
May Home Prices Take Biggest Drop Ever
Real Estate Prices Back to 2004 Levels
Home Prices … Sharpest Rate Drop in Two Decades
San Diego Home Values Fall 16.7%
Standard & Poor’s Index Shows Home-Price Declines As The Largest on Record
Home Prices — Largest Drop in 16 Years!