Case-Shiller: Home Prices around OC Mostly Flat in March

Let’s check in on the S&P/Case-Shiller Home Price Indices (HPI). Here’s a summary of the latest data for the Los Angeles area, which includes LA and Orange Counties:

March 2010
Month to Month: Down 0.7%
Year to Year: Up 6.0%
Prices at this level in: October 2003
Peak month: September 2006
Change from Peak: Down 37.7% in 42 months
Low Tier: Under $299,817
Mid Tier: $299,817 to $501,736
Hi Tier: Over $501,736

Since Case-Shiller lumps LA and Orange Counties together, I won’t repeat everything I wrote on the LA Sweet Digs blog. For more analysis and some graphs of the LA Case-Shiller data, check out my post over there: Case-Shiller: Home Prices around LA Mostly Flat in March