Real Phoenix home prices at 1994-1999 levels

(See recent posts on Phoenix Case-Shiller Home Price Index.)

Here’s another way to look at Case-Shiller’s price tiers for Phoenix area homes.

Low Price Tier

• 1999 prices – Nominal, unadjusted for inflation
• 1994 prices – Real, adjusted for inflation

Middle Price Tier

• 2001 prices – Nominal, unadjusted for inflation
• 1996 prices – Real, adjusted for inflation

High Price Tier

• 2003 prices – Nominal, unadjusted for inflation
• 1999 prices – Real, adjusted for inflation

I did the inflation adjustments myself, not Case-Shiller.

Phoenix AZ Case-Shiller Home Price Index

See also, “Phoenix Case-Shiller Index – Low Price Tier Up 30% in 12 Months – August 2012 Report”.