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Jim Klinge
Cell/Text: (858) 997-3801
701 Palomar Airport Road, Suite 300
Carlsbad, CA 92011

Posted by on Nov 7, 2012 in Same-House Sales | 0 comments | Print Print

Case-Shiller Since Jan 2009

How have home prices fared during the last administration? Here are the Top 10 cities (and the only cities) with an increase in their Case-Shiller Index between January, 2009, and August, 2012:

City/Area % chg in CSI since 1/2009
San Francisco
Washington D.C.
San Diego
Los Angeles

With all the hub-bub about the 20% increase in the Phoenix median price this year, they must be coming from a long way back….or tracking the median price isn’t as accurate as the C-S Index?

Or could it be that because the Case-Shiller Index excludes repeat sales within six months (flips), it is missing some of the big pops of appreciation that flippers are enjoying these days?