Case-Shiller: Orange County Home Prices Fell Again in November

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:

November 2010
Month to Month: Down 0.4%
Year to Year: Up 2.1%
Prices at this level in: November 2003
Peak month: September 2006
Change from Peak: Down 36.7% in 50 months
Low Tier: Under $312,848
Mid Tier: $312,848 to $513,479
Hi Tier: Over $513,479

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: Los Angeles Home Prices Fell Again in November

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