San Rafael, CA
House prices for this FHFA metro area, real and nominal, since the series begins.
FHFA all-transactions, principal metropolitan division · 1976 Q3 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. 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 +3.5%
nominal +3.5%
Five years
Five years real +3.9%
nominal +20.3%
Ten years
Ten years real +7.7%
nominal +40.7%
Twenty-five years
Twenty-five years real +32.0%
nominal +133.9%
Since 2000
Since 2000 real +52.5%
nominal +177.8%
2007 to 2012
crash, real −30.9%
2007Q2 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 | 415.7 | 415.7 | real year on year +3.6% |
| 2025 Q4 | 401.1 | 401.1 | real year on year −0.1% |
| 2024 Q4 | 401.6 | 401.6 | real year on year +2.1% |
| 2023 Q4 | 382.2 | 393.5 | real year on year −6.8% |
| 2022 Q4 | 393.8 | 422.1 | real year on year +1.7% |
| 2021 Q4 | 358.4 | 414.9 | real year on year +6.3% |
| 2020 Q4 | 321.9 | 390.2 | real year on year −1.3% |
| 2019 Q4 | 322.2 | 395.3 | real year on year −2.1% |
| 2018 Q4 | 323.4 | 403.9 | real year on year +1.6% |
| 2017 Q4 | 310.8 | 397.7 | real year on year +0.2% |
| 2016 Q4 | 303.8 | 397.1 | real year on year +5.2% |
| 2015 Q4 | 285.3 | 377.6 | real year on year +8.4% |
| 2014 Q4 | 262.8 | 348.2 | real year on year +6.4% |
| 2013 Q4 | 243.0 | 327.3 | real year on year +10.6% |
| 2012 Q4 | 216.5 | 295.8 | real year on year +2.8% |
| 2011 Q4 | 206.3 | 287.6 | real year on year −6.6% |
| 2010 Q4 | 214.0 | 307.9 | real year on year −3.6% |
| 2009 Q4 | 218.5 | 319.4 | real year on year −7.8% |
| 2008 Q4 | 237.7 | 346.3 | real year on year −12.5% |
| 2007 Q4 | 261.6 | 395.9 | real year on year −4.8% |
| 2006 Q4 | 267.3 | 415.9 | real year on year −5.6% |
| 2005 Q4 | 274.3 | 440.6 | real year on year +13.9% |
| 2004 Q4 | 232.8 | 386.7 | real year on year +11.2% |
| 2003 Q4 | 204.0 | 347.8 | real year on year +3.6% |
| 2002 Q4 | 192.5 | 335.6 | real year on year +5.6% |
| 2001 Q4 | 179.5 | 317.9 | real year on year +3.1% |
| 2000 Q4 | 169.3 | 308.3 | real year on year +17.3% |
| 1999 Q4 | 139.6 | 262.9 | real year on year +13.0% |
| 1998 Q4 | 120.9 | 232.7 | real year on year +8.1% |
| 1997 Q4 | 110.2 | 215.3 | real year on year +4.2% |
| 1996 Q4 | 103.3 | 206.6 | real year on year −1.3% |
| 1995 Q4 | 101.7 | 209.3 | real year on year −1.9% |
| 1994 Q4 | 100.8 | 213.4 | real year on year −3.6% |
| 1993 Q4 | 101.9 | 221.3 | real year on year −3.2% |
| 1992 Q4 | 102.3 | 228.7 | real year on year −2.8% |
| 1991 Q4 | 102.2 | 235.3 | real year on year −2.0% |
| 1990 Q4 | 100.0 | 240.1 | real year on year −4.6% |
| 1989 Q4 | 99.5 | 251.8 | real year on year +15.1% |
| 1988 Q4 | 82.5 | 218.7 | real year on year +18.9% |
| 1987 Q4 | 66.7 | 184.0 | real year on year +11.9% |
| 1986 Q4 | 57.5 | 164.5 | real year on year +5.7% |
| 1985 Q4 | 53.4 | 155.6 | real year on year +5.2% |
| 1984 Q4 | 49.0 | 147.9 | real year on year −6.0% |
| 1983 Q4 | 50.0 | 157.4 | real year on year +1.8% |
| 1982 Q4 | 47.6 | 154.6 | real year on year −14.5% |
| 1980 Q4 | 47.5 | 180.8 | real year on year −4.6% |
| 1979 Q4 | 43.8 | 189.4 | real year on year +19.1% |
| 1978 Q4 | 33.1 | 159.0 | real year on year +12.7% |
| 1977 Q4 | 27.3 | 141.1 | real year on year +14.8% |
| 1976 Q4 | 22.3 | 122.9 | — |
2026 Q2416 · real 416real year on year +3.6%
2025 Q4401 · real 401real year on year −0.1%
2024 Q4402 · real 402real year on year +2.1%
2023 Q4382 · real 393real year on year −6.8%
2022 Q4394 · real 422real year on year +1.7%
2021 Q4358 · real 415real year on year +6.3%
2020 Q4322 · real 390real year on year −1.3%
2019 Q4322 · real 395real year on year −2.1%
2018 Q4323 · real 404real year on year +1.6%
2017 Q4311 · real 398real year on year +0.2%
2016 Q4304 · real 397real year on year +5.2%
2015 Q4285 · real 378real year on year +8.4%
Show all 50 years
2014 Q4263 · real 348real year on year +6.4%
2013 Q4243 · real 327real year on year +10.6%
2012 Q4217 · real 296real year on year +2.8%
2011 Q4206 · real 288real year on year −6.6%
2010 Q4214 · real 308real year on year −3.6%
2009 Q4218 · real 319real year on year −7.8%
2008 Q4238 · real 346real year on year −12.5%
2007 Q4262 · real 396real year on year −4.8%
2006 Q4267 · real 416real year on year −5.6%
2005 Q4274 · real 441real year on year +13.9%
2004 Q4233 · real 387real year on year +11.2%
2003 Q4204 · real 348real year on year +3.6%
2002 Q4192 · real 336real year on year +5.6%
2001 Q4179 · real 318real year on year +3.1%
2000 Q4169 · real 308real year on year +17.3%
1999 Q4140 · real 263real year on year +13.0%
1998 Q4121 · real 233real year on year +8.1%
1997 Q4110 · real 215real year on year +4.2%
1996 Q4103 · real 207real year on year −1.3%
1995 Q4102 · real 209real year on year −1.9%
1994 Q4101 · real 213real year on year −3.6%
1993 Q4102 · real 221real year on year −3.2%
1992 Q4102 · real 229real year on year −2.8%
1991 Q4102 · real 235real year on year −2.0%
1990 Q4100 · real 240real year on year −4.6%
1989 Q4100 · real 252real year on year +15.1%
1988 Q482 · real 219real year on year +18.9%
1987 Q467 · real 184real year on year +11.9%
1986 Q457 · real 165real year on year +5.7%
1985 Q453 · real 156real year on year +5.2%
1984 Q449 · real 148real year on year −6.0%
1983 Q450 · real 157real year on year +1.8%
1982 Q448 · real 155real year on year −14.5%
1980 Q447 · real 181real year on year −4.6%
1979 Q444 · real 189real year on year +19.1%
1978 Q433 · real 159real year on year +12.7%
1977 Q427 · real 141real year on year +14.8%
1976 Q422 · real 123—
Source
FHFA House Price Index, all-transactions, quarterly, not seasonally adjusted, CBSA 42034. Real terms by the World Bank's US consumer price index, annual.