Are We There Yet?

I was reviewing Windward sales from 2007 to the present and comparing homes that have sold more than once in that period.  In general, if you bought in 2007 at the peak of the market, you were underwater for the past seven years.  However, it seems that in late 2014 most homes had recovered to 2007 prices.  Though not exact, if you bought in 2008, you recovered in 2013, if you bought in 2009, you recovered in 2012, and so on.   And if you bought after 2011 and later sold, you generally made money.