Visalia, CA
Home price forecast (1 year):* -2.3%
City stats†Population: (2006) 419,909
Median family income: (2008) $46,900
Home price data
Median home price: (2009) $160,000
Affordability index: (Median home price/family income 2009) 3.4
Prices peaked in: 2006:Q1
Total climb during the boom: (2000 to peak) 159.9%
Total decline so far: (Peak through 2009) -48.7%
One-year change: (Q4 2008 to Q4 2009) -10.0%
Forecast
Additional price change to bottom: -7.8%
When they'll hit bottom: 2010:Q3
*(Q1 2010 - Q1 2011)
† Data is for Visalia-Porterville, CA Metropolitan Statistical Area
Notes: Median home prices are for single-family homes through the third quarter of 2009, the most recent data available, and include sales of bank-owned properties.
Sources: Fiserv and Moody's Economy.com
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