Oakland-Fremont-Berkeley, CA
House prices for this FHFA metro area, real and nominal, since the series begins.
FHFA purchase-only, principal metropolitan division · 1991 Q1 to 2026 Q2 · real terms in 2024 dollars · built 2026-09-12
All metro areas · FHFA publishes the largest metros only as their principal metropolitan division, so this is the core of the metro rather than the whole of it.
The index
Real and nominal, first quarter of the series = 100; the shaded band is 2007 to 2012.
How this is measured
Real terms deflate each quarter by that year's US CPI, stated in 2024 dollars; the CPI runs to 2024, so later quarters sit at 2024 prices until the next print. Purchase-only means repeat sales of the same homes with refinance appraisals excluded, the cleaner of FHFA's two indices, published for the 100 largest metro areas.
One year
One year real +0.5%
nominal +0.5%
Five years
Five years real −12.4%
nominal +1.4%
Ten years
Ten years real +18.8%
nominal +55.3%
Twenty-five years
Twenty-five years real +50.2%
nominal +166.0%
Since 2000
Since 2000 real +89.5%
nominal +245.2%
2007 to 2012
crash, real −49.5%
2007Q1 to 2012Q1
Year by year
Fourth quarter of each year, nominal and real, newest first.
| Quarter | Nominal | Real (2024 $) | Real, year on year |
|---|---|---|---|
| 2026 Q2 | 463.7 | 463.7 | real year on year +3.1% |
| 2025 Q4 | 449.9 | 449.9 | real year on year −2.4% |
| 2024 Q4 | 460.9 | 460.9 | real year on year −3.1% |
| 2023 Q4 | 461.8 | 475.4 | real year on year −1.4% |
| 2022 Q4 | 449.8 | 482.1 | real year on year −9.7% |
| 2021 Q4 | 461.2 | 533.9 | real year on year +9.6% |
| 2020 Q4 | 401.9 | 487.1 | real year on year +10.2% |
| 2019 Q4 | 360.1 | 441.9 | real year on year +2.1% |
| 2018 Q4 | 346.3 | 432.6 | real year on year +0.3% |
| 2017 Q4 | 337.1 | 431.4 | real year on year +9.0% |
| 2016 Q4 | 302.8 | 395.8 | real year on year +5.9% |
| 2015 Q4 | 282.4 | 373.8 | real year on year +12.4% |
| 2014 Q4 | 251.1 | 332.7 | real year on year +9.5% |
| 2013 Q4 | 225.7 | 303.9 | real year on year +19.6% |
| 2012 Q4 | 186.0 | 254.1 | real year on year +13.2% |
| 2011 Q4 | 161.0 | 224.6 | real year on year −6.9% |
| 2010 Q4 | 167.7 | 241.3 | real year on year −6.5% |
| 2009 Q4 | 176.4 | 258.0 | real year on year +0.9% |
| 2008 Q4 | 175.5 | 255.7 | real year on year −31.0% |
| 2007 Q4 | 244.8 | 370.4 | real year on year −17.3% |
| 2006 Q4 | 287.9 | 448.1 | real year on year −9.3% |
| 2005 Q4 | 307.4 | 493.8 | real year on year +11.7% |
| 2004 Q4 | 266.3 | 442.2 | real year on year +17.3% |
| 2003 Q4 | 221.1 | 377.1 | real year on year +7.9% |
| 2002 Q4 | 200.3 | 349.3 | real year on year +13.2% |
| 2001 Q4 | 174.3 | 308.7 | real year on year +6.4% |
| 2000 Q4 | 159.2 | 290.0 | real year on year +21.6% |
| 1999 Q4 | 126.7 | 238.5 | real year on year +13.9% |
| 1998 Q4 | 108.8 | 209.3 | real year on year +11.0% |
| 1997 Q4 | 96.5 | 188.6 | real year on year +3.5% |
| 1996 Q4 | 91.1 | 182.3 | real year on year −1.2% |
| 1995 Q4 | 89.6 | 184.4 | real year on year −4.9% |
| 1994 Q4 | 91.6 | 193.9 | real year on year −5.0% |
| 1993 Q4 | 94.0 | 204.2 | real year on year −6.8% |
| 1992 Q4 | 98.0 | 219.2 | real year on year −4.7% |
| 1991 Q4 | 99.8 | 230.0 | — |
2026 Q2464 · real 464real year on year +3.1%
2025 Q4450 · real 450real year on year −2.4%
2024 Q4461 · real 461real year on year −3.1%
2023 Q4462 · real 475real year on year −1.4%
2022 Q4450 · real 482real year on year −9.7%
2021 Q4461 · real 534real year on year +9.6%
2020 Q4402 · real 487real year on year +10.2%
2019 Q4360 · real 442real year on year +2.1%
2018 Q4346 · real 433real year on year +0.3%
2017 Q4337 · real 431real year on year +9.0%
2016 Q4303 · real 396real year on year +5.9%
2015 Q4282 · real 374real year on year +12.4%
Show all 36 years
2014 Q4251 · real 333real year on year +9.5%
2013 Q4226 · real 304real year on year +19.6%
2012 Q4186 · real 254real year on year +13.2%
2011 Q4161 · real 225real year on year −6.9%
2010 Q4168 · real 241real year on year −6.5%
2009 Q4176 · real 258real year on year +0.9%
2008 Q4176 · real 256real year on year −31.0%
2007 Q4245 · real 370real year on year −17.3%
2006 Q4288 · real 448real year on year −9.3%
2005 Q4307 · real 494real year on year +11.7%
2004 Q4266 · real 442real year on year +17.3%
2003 Q4221 · real 377real year on year +7.9%
2002 Q4200 · real 349real year on year +13.2%
2001 Q4174 · real 309real year on year +6.4%
2000 Q4159 · real 290real year on year +21.6%
1999 Q4127 · real 239real year on year +13.9%
1998 Q4109 · real 209real year on year +11.0%
1997 Q497 · real 189real year on year +3.5%
1996 Q491 · real 182real year on year −1.2%
1995 Q490 · real 184real year on year −4.9%
1994 Q492 · real 194real year on year −5.0%
1993 Q494 · real 204real year on year −6.8%
1992 Q498 · real 219real year on year −4.7%
1991 Q4100 · real 230—
Source
FHFA House Price Index, purchase-only, quarterly, not seasonally adjusted, CBSA 36084. Real terms by the World Bank's US consumer price index, annual.