S&P/Case-Shiller distributes figures each month comparing the historical real estate prices in 20 metropolitan markets, individually and as a 20 city composite.  Just released figures for the month of September show that  Seattle is at the same value (148.94) as May 2005; with the high at 192.30 in July 2007.    Nationally, the 20 city composite is at a value of 146.51, the same as September 2003; with a high of 206.38 in June 2006. The figures are based at a value of 100 for January 2000 for each of the areas and the composite. 

As a small consolation for us locally; the national figures show an average reduction in value of 29%, while Seattle values have dropped just 22.5%.

For more speciifc information on values, feel free to call me at 425-444-3305.

November 30, 2009