Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

Account Closed
  • Specialist
  • Paradise Valley, AZ
2,935
Votes |
3,447
Posts

23 California Cities where prices are actually dropping

Account Closed
  • Specialist
  • Paradise Valley, AZ
Posted

23 Housing Markets Where Prices Have Fallen

So, which California cities are experiencing a drop in home prices? We’ve mentioned a few of them above. But that’s just the tip of the iceberg.

The list below is based on data provided by Zillow in late September 2019. The percentage beside each city shows how the median home value changed over the previous 12 months. That’s according to the company’s proprietary “Home Value Index.” Bolding indicates cities where home prices have dropped by double digits in the past year.

Year-over-year price drops in California housing markets:

  1. Berkeley: -3.0%

  2. Concord: -1.9%

  3. Cupertino: -11.5%

  4. Fremont: -3.4%

  5. Gilroy: -7.9%

  6. Hayward: -2.4%

  7. Healdsburg: -6.6%

  8. Irvine: -1.9%

  9. Los Altos: -11.6%

  10. Martinez: -1.7%

  11. Mendocino: -8.4%

  12. Milpitas: -10.7%

  13. Mountain View: -8.9%

  14. Palo Alto: -12.3%

  15. Pleasanton: -4.9%

  16. Redwood City: -5.3%

  17. San Jose: -9.3%

  18. Santa Barbara: -3.1%

  19. Santa Clara: -13.2%

  20. Santa Rosa: -1.4%

  21. Saratoga: -11.9%

  22. Sunnyvale: -14.5%

  23. Walnut Creek: -1.0%

Statewide, Values Are Still Climbing

To be clear: These are not the only California cities where home prices are dropping in fall 2019. There are others as well. But it does give you a sense of what is happening across the state.

It’s also important to point out that prices are still climbing in most cities across the state. The housing markets above are an exception to that overall trend.

Most Popular Reply

Account Closed
  • Rental Property Investor
  • Oakland, CA
1,363
Votes |
730
Posts
Account Closed
  • Rental Property Investor
  • Oakland, CA
Replied

@Account Closed Negative 12% doesn’t sound so bad when you compare it to the positive 250% we’ve experienced the last 8 years. 

ABB - always be buying 

Loading replies...