Top tier: 20.3% off the peak
Middle tier: 39.1% off the peak
Bottom tier: 47.9% off the peak
4% drop in one month in the top tier. Sales volume took a hard hit, too. The number of repeat sales in the top tier is down 50% month-to-month. This is probably the consequence of the stock market crash - that's where people with significant stock portfolios shop for their houses. Sales volumes in the other two tiers dropped by much smaller amounts - 10% and 14%.
Bottom tier as a whole is back to May '02, middle tier is back to September '02. 54-94 area solidified its position as the place with most severe price declines: a typical house in 54-94 is worth 48.4% of what it would've gone for at the peak in April-May '06.
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