My area is North County Coastal defined as Encinitas and South Carlsbad which effectively functions as one market. The Zip codes are 92024, 92009 and 92011.

My personal home is very representative of the market as I know it. Homes like mine were around 500K in late 2000. They hit a peak of around 950K. Realistically, it is probably somewhere between 825 and 850K today which puts it 70% above its 2000 price and down around 13% from the peak.

I believe most of the homes in this area would show similar stats. I dont trust any stats I have seen because I havent seen any which accurately porttray what has and is happening. The only way to really understand that is to look at a property or area through the eyes of a good realtor who truly understands values in that area. In my area I think I know them as well as anyone and can very accurately estimate what a specific house would have sold for in the past and what it would sell for now.