Dear Buyer....
As always, "it depends"! There have been more foreclosures on the Eastside, thus greater percentage adjustments from the peak. The better quality homes & locations on the Westside have held up, but those marginal properties such as the homes built on smaller "split lots" along Oak & Olive, or the older homes, have definitely seen as much as a 35% decline.
Do you recall the "Mee Hospital house" on Blossom Court that was offered as a fundraiser at an over valued $969,000 in 2005? It is currently on the market for $549,000. Since it was probably $300,000 over the market in 2005 (in what turned out to be a scam arrangment between hospital officials & friends) the change indicates a larger decline than is real.
Overall I think than good homes Westside are down about 20-25% versus the 30% or greater for the Eastside. But as I said, it all depends....Buyers are more critical now but good floor plans, locations and lot size still results in strong demand.
Hope this helps?
Jim