Salinas, CA
House prices for this metro area, real and nominal, since FHFA's series begins.
FHFA all-transactions · 1977 Q3 to 2026 Q2 · real terms in 2024 dollars · built 2026-09-12
All metro areas · this area is monterey on the rankings
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. All-transactions includes refinance appraisals as well as sales; FHFA publishes purchase-only for the 100 largest metro areas only, and this is not one of them.
One year
One year real +3.2%
nominal +3.2%
Five years
Five years real +10.9%
nominal +28.4%
Ten years
Ten years real +38.2%
nominal +80.7%
Twenty-five years
Twenty-five years real +41.1%
nominal +150.0%
Since 2000
Since 2000 real +76.6%
nominal +221.7%
2007 to 2012
crash, real −57.6%
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 | 439.6 | 439.6 | real year on year +12.0% |
| 2025 Q4 | 392.5 | 392.5 | real year on year −9.2% |
| 2024 Q4 | 432.2 | 432.2 | real year on year +3.5% |
| 2023 Q4 | 405.8 | 417.8 | real year on year −0.4% |
| 2022 Q4 | 391.4 | 419.6 | real year on year −2.6% |
| 2021 Q4 | 372.2 | 430.9 | real year on year +13.0% |
| 2020 Q4 | 314.7 | 381.4 | real year on year +4.9% |
| 2019 Q4 | 296.4 | 363.6 | real year on year +2.9% |
| 2018 Q4 | 282.9 | 353.4 | real year on year +3.4% |
| 2017 Q4 | 267.2 | 341.9 | real year on year +3.1% |
| 2016 Q4 | 253.8 | 331.6 | real year on year +7.1% |
| 2015 Q4 | 234.0 | 309.6 | real year on year +8.5% |
| 2014 Q4 | 215.3 | 285.3 | real year on year +10.2% |
| 2013 Q4 | 192.3 | 258.9 | real year on year +16.3% |
| 2012 Q4 | 162.9 | 222.6 | real year on year +0.3% |
| 2011 Q4 | 159.2 | 222.0 | real year on year −9.8% |
| 2010 Q4 | 171.1 | 246.1 | real year on year −3.2% |
| 2009 Q4 | 173.8 | 254.2 | real year on year −9.7% |
| 2008 Q4 | 193.2 | 281.5 | real year on year −34.9% |
| 2007 Q4 | 285.9 | 432.6 | real year on year −18.4% |
| 2006 Q4 | 340.6 | 530.0 | real year on year −5.3% |
| 2005 Q4 | 348.5 | 559.8 | real year on year +18.2% |
| 2004 Q4 | 285.0 | 473.4 | real year on year +25.2% |
| 2003 Q4 | 221.7 | 378.0 | real year on year +10.9% |
| 2002 Q4 | 195.5 | 340.9 | real year on year +7.2% |
| 2001 Q4 | 179.5 | 318.1 | real year on year +8.4% |
| 2000 Q4 | 161.0 | 293.3 | real year on year +21.2% |
| 1999 Q4 | 128.5 | 242.0 | real year on year +12.1% |
| 1998 Q4 | 112.2 | 215.9 | real year on year +5.8% |
| 1997 Q4 | 104.4 | 204.0 | real year on year +1.3% |
| 1996 Q4 | 100.7 | 201.4 | real year on year −3.6% |
| 1995 Q4 | 101.5 | 209.1 | real year on year −0.3% |
| 1994 Q4 | 99.1 | 209.6 | real year on year −4.0% |
| 1993 Q4 | 100.5 | 218.3 | real year on year −3.8% |
| 1992 Q4 | 101.5 | 226.9 | real year on year −4.2% |
| 1991 Q4 | 102.8 | 236.9 | real year on year −2.9% |
| 1990 Q4 | 101.6 | 243.8 | real year on year +0.4% |
| 1989 Q4 | 96.0 | 242.9 | real year on year +10.9% |
| 1988 Q4 | 82.5 | 218.9 | real year on year +11.0% |
| 1987 Q4 | 71.5 | 197.3 | real year on year +5.2% |
| 1986 Q4 | 65.5 | 187.4 | real year on year +5.9% |
| 1985 Q4 | 60.7 | 177.0 | real year on year +4.5% |
| 1984 Q4 | 56.1 | 169.5 | real year on year −23.0% |
| 1983 Q4 | 69.9 | 220.1 | real year on year +34.6% |
| 1982 Q4 | 50.3 | 163.5 | real year on year −7.2% |
| 1981 Q4 | 51.0 | 176.1 | real year on year +2.0% |
| 1980 Q4 | 45.3 | 172.6 | real year on year −10.2% |
| 1979 Q4 | 44.5 | 192.2 | real year on year +1.2% |
| 1978 Q4 | 39.5 | 189.9 | real year on year −1.9% |
| 1977 Q4 | 37.4 | 193.7 | — |
2026 Q2440 · real 440real year on year +12.0%
2025 Q4393 · real 393real year on year −9.2%
2024 Q4432 · real 432real year on year +3.5%
2023 Q4406 · real 418real year on year −0.4%
2022 Q4391 · real 420real year on year −2.6%
2021 Q4372 · real 431real year on year +13.0%
2020 Q4315 · real 381real year on year +4.9%
2019 Q4296 · real 364real year on year +2.9%
2018 Q4283 · real 353real year on year +3.4%
2017 Q4267 · real 342real year on year +3.1%
2016 Q4254 · real 332real year on year +7.1%
2015 Q4234 · real 310real year on year +8.5%
Show all 50 years
2014 Q4215 · real 285real year on year +10.2%
2013 Q4192 · real 259real year on year +16.3%
2012 Q4163 · real 223real year on year +0.3%
2011 Q4159 · real 222real year on year −9.8%
2010 Q4171 · real 246real year on year −3.2%
2009 Q4174 · real 254real year on year −9.7%
2008 Q4193 · real 281real year on year −34.9%
2007 Q4286 · real 433real year on year −18.4%
2006 Q4341 · real 530real year on year −5.3%
2005 Q4348 · real 560real year on year +18.2%
2004 Q4285 · real 473real year on year +25.2%
2003 Q4222 · real 378real year on year +10.9%
2002 Q4195 · real 341real year on year +7.2%
2001 Q4180 · real 318real year on year +8.4%
2000 Q4161 · real 293real year on year +21.2%
1999 Q4129 · real 242real year on year +12.1%
1998 Q4112 · real 216real year on year +5.8%
1997 Q4104 · real 204real year on year +1.3%
1996 Q4101 · real 201real year on year −3.6%
1995 Q4102 · real 209real year on year −0.3%
1994 Q499 · real 210real year on year −4.0%
1993 Q4101 · real 218real year on year −3.8%
1992 Q4102 · real 227real year on year −4.2%
1991 Q4103 · real 237real year on year −2.9%
1990 Q4102 · real 244real year on year +0.4%
1989 Q496 · real 243real year on year +10.9%
1988 Q483 · real 219real year on year +11.0%
1987 Q471 · real 197real year on year +5.2%
1986 Q466 · real 187real year on year +5.9%
1985 Q461 · real 177real year on year +4.5%
1984 Q456 · real 169real year on year −23.0%
1983 Q470 · real 220real year on year +34.6%
1982 Q450 · real 164real year on year −7.2%
1981 Q451 · real 176real year on year +2.0%
1980 Q445 · real 173real year on year −10.2%
1979 Q444 · real 192real year on year +1.2%
1978 Q440 · real 190real year on year −1.9%
1977 Q437 · real 194—
Source
FHFA House Price Index, all-transactions, quarterly, not seasonally adjusted, CBSA 41500. Real terms by the World Bank's US consumer price index, annual.