2008 median house price: $412,490
2009 projected change: -21.1%
2010 projected change: -2.9%
As the luxury condo boom continues to fizzles, median home prices in this southern California market are forecast to fall $87,000 to $326,000 in 2009.
NEXT: Bakersfield, Calif.
Source: Sources: National Association of Realtors; Moody's Economy.com