A Look at Case-Shiller, by Metro Area (January Update)

The S&P/Case-Shiller 20-city home-price index, a closely watched gauge of U.S. home prices, was mostly flat in November from a month earlier.

The index declined 5.3% from a year earlier. For the first time in 19 months, some of the cities the 20-city index posted a year-over-year price gain. Dallas, Denver, San Diego and San Francisco are in positive territory from a year earlier.

“While these data do show that home prices are far more stable than they were a year ago, there is no clear sign of a sustained, broad-based recovery,” said David M. Blitzer, chairman of the Index Committee at Standard & Poors.

Just five of the 20 areas saw monthly price gains in November. Phoenix posted the largest gain at 1.1%. Chicago fared the worst with a 1.1% drop.

Home prices nationwide had returned to levels similar to late 2003. By November the the 20-city was down 29.2% from its mid-2006 peak.

Below, see data from the 20 metro areas Case-Shiller tracks, sortable by name, level, monthly change and year-over-year change — just click the column headers to re-sort.

(About the numbers: The Case Shiller indices have a base value of 100 in January 2000. So a current index value of 150 translates to a 50% appreciation rate since January 2000 for a typical home located within the metro market.)

Home Prices, by Metro Area

Metro Area	November 2009	Change from October	Year-over-year change
Atlanta	109.29	-0.80%	-6.20%
Boston	153.97	-0.50%	-0.70%
Charlotte	118.66	-0.30%	-5.50%
Chicago	129.39	-1.10%	-8.50%
Cleveland	104.75	-0.20%	-2.50%
Dallas	119.92	0.00%	1.40%
Denver	128.29	-0.50%	0.50%
Detroit	72.59	-0.70%	-13.00%
Las Vegas	104.22	-0.50%	-24.50%
Los Angeles	169.72	0.80%	-3.50%
Miami	149.08	0.00%	-12.10%
Minneapolis	123.85	-0.50%	-6.80%
New York	173.24	-1.00%	-7.10%
Phoenix	111.96	1.10%	-14.20%
Portland	150.38	0.30%	-7.50%
San Diego	156.06	0.40%	0.40%
San Francisco	136.63	0.60%	1.00%
Seattle	148.56	-0.50%	-10.60%
Tampa	139.66	-0.40%	-13.20%
Washington	179.2	-0.50%	-0.60%