The Case-Shiller home price index for San Diego was up a mild .4
percent overall in June. Hidden in that increase, however, was a
drop in the high-priced tier (composed of the most expensive one-third
of homes sold during the April-through-June measurement period).
This continues the general (though recently dormant) trend in which the
rebound has been far stronger in
the low-priced than the high-priced tier, with the
mid-priced tier splitting the difference:
Interesting graph, although
Interesting graph, although $475k isn’t much of a cutoff for San Diego. Is there any data split out by the upper tiers? Eg, 500k-750k, 750k-1M, 1-1.5M?