I have been busy this last few weeks doing market snapshots for the areas that I work in. While it is important to get an overview of what is happening in San Diego it is also important to look at local statistics in each micro-market to see if they have fared better or worse than the average.
The number above is from a post by Kelly Bennett of Voice of San Diego. She writes a column – Survival in San Diego which is very informative.
In April, local home prices were down 42.3 percent from the peak, according to the newest Standard & Poor’s/Case-Shiller home price index released this morning.
The aggregate index fell just slightly from March, so slightly that the index was down about the same amount from the peak as it was in March’s index.
