Dang, Case-Shiller is ugggly. A lot of big market housing values are down > 30% from peak (2006ish).
City-by-city breakdown of latest housing data
Nationally, prices fell 4% in 2011, and here is the city-by-city tally:
Atlanta: Prices down 12.8% in 2011, and 35% below peak.
Boston: Prices down 2.6%, and 14% below peak.
Charlotte: Prices down 2.3%, and 19% below peak.
Chicago: Prices down 6.5%, and 35% below peak.
Dallas: Prices down 1.3%, and 10% below peak.
Denver: Prices down 0.4%, and 12% below peak.
Detroit: Prices up 0.5%, but 46% below peak.
Las Vegas: Prices down 8.8%, and 61% below peak.
Los Angeles: Prices down 5.2%, and 41% below peak.
Miami: Prices down 3.8%, and 51% below peak.
Minneapolis: Prices down 4.9% and 34% below peak.
New York: Prices down 2.9%, and 24% below peak.
Phoenix: Prices down 1.2%, and 55% below peak.
Portland: Prices down 4%, and 29% below peak.
San Diego: Prices down 5.4%, and 40% below peak.
San Francisco: Prices down 5.4%, and 41% below peak.
Seattle: Prices down 5.6%, and 32% below peak.
Tampa: Prices down 4.3%, and 47% below peak.
Washington, D.C.: Prices down 1.6%, and 28% below peak.