Nick at the WSJ showed how the Case-Shiller Index increases are slowing, though it is worth pointing out that the index is still rising. I don’t think prices are rising much if at all, but the index is rising:

http://blogs.wsj.com/economics/2014/08/26/how-home-prices-have-slowed-down-in-five-charts/

Here are  some individual cities compared to their peak:

San Diego didn’t make the cut for that graph, but we are very similar to Los Angeles.  The San Diego Case-Shiller Index has risen less than 1%  per month in each of the last three months, so the idea of getting back to a 250 reading seems far off:

San Diego Case-Shiller Index:

18.8% below the peak in November, 2005, and up 10.2% year-over-year.