Home Price Index

The S&P/Case-Shiller Home Price Index tracks changes in home prices in 20 metropolitan areas relative to January 2000. The base value is 100, so an index value of 150 would mean that home prices increased 50% since January 2000. The chart below reflects the data for the San Francisco Metropolitan Area.

The methodology, developed by Karl E. Case, an economics professor at Wellesley College, and Robert J. Shiller, an economics professor at Yale, collects data monthly on sales of existing single-family houses. The index is published on the last Tuesday of each month, with a two-month lag.

Note: The San Francisco metro area is defined as Alameda, Contra Costa, Marin, San Francisco, and San Mateo counties.

Don't miss my blog postings on the local Santa Cruz County real estate market!

CJ’s Santa Cruz Blog

May 5, 2011

Coastal Sales Mostly Exempt from Distress — The coastal market in Santa Cruz County has been mostly exempt from short sales and bank-owned sales, as the graph be… More »

May 5, 2011

Visualize 2011 Sales — Check out the following visualization of sales from January through April 2011. One interesting thing to note is that… More »

April 5, 2011

Are Prices Going Up? — One of the key measures of market activity shifted dramatically into seller's market territory last month, signaling… More »

From CJ’s Santa Cruz Real Estate Blog