Case-Shiller: Home Prices Dipped Across the Board in October

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:

October 2010
Month to Month: Down 0.7%
Year to Year: Up 3.3%
Prices at this level in: December 2003
Peak month: September 2006
Change from Peak: Down 36.5% in 49 months
Low Tier: Under $314,141
Mid Tier: $314,141 to $515,061
Hi Tier: Over $515,061

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 Dipped Across the Board in October