California’s worst performing markets

December 16, 2008

California is a big state and all regions are not performing the same way. If you are considering selling consider that factor.

According to Zillow Statistics…

The Stockton, Calif., metro area was the worst-performing housing market in the country during the study period, with values diving 32.3 percent in the first three quarters of 2008 compared to the same period last year. Next on the list was Merced, Calif. (down 31.2 percent); followed by Modesto, Calif. (down 30.4 percent); Salinas, Calif. (down 30 percent); and Vallejo-Fairfield, Calif. (down 27.8 percent).


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