Nationally, U.S. home values continued to slide for the eighth consecutive quarter, declining 11.6 percent from a year ago, and falling 17.5 percent since the market peak in 2006.
On a local level, some areas have seen a steeper decline, while others have not seen quite as much depreciation. Here are some local 4th quarter results per Zillow:
Pasadena -13.7%
Altadena -16.8%
Sierra Madre -9.3%
Arcadia -3.7%
South Pasadena -8.5%
San Marino -6.6%
San Gabriel -9.1%
Glendale -20.7%
Arcadia and San Marino home values are holding up stronger than surrounding areas, largly due to the strong public schools in those two cities.
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