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C.A.R.'s First-time Buyer Housing Affordability Index (FTB-HAI) measures the percentage of households that can afford to purchase an entry-level home in California. C.A.R. also reports first-time buyer indexes for regions and select counties within the state. The Index is the most fundamental measure of housing well-being for first-time buyers in the state.
Download the complete revised CA Historical Quarterly Series:
Download the complete revised historical series for the Regions: *
Download the complete revised historical series for the Counties: *
* Due to the change in C.A.R.’s price series, historical figures for the revised HAI series will be available soon.
First -Time Buyer Housing Affordability Index Methodology
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2012 Q1 |
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First-Time Buyer Housing Affordability Index |
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| C.A.R. Region |
Housing |
Entry-Level Price |
Monthly Payment Including Taxes & Insurance |
Minimum |
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CA SFH (SAAR) |
73 | $ 234,630 | $ 1,140 | $ 34,260 |
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CA Condo/Townhomes |
79 | $ 190,290 | $ 930 | $ 27,790 |
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Los Angeles Metropolitan Area |
73 | $ 226,590 | $ 1,100 | $ 33,090 |
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Inland Empire |
83 | $ 148,180 | $ 720 | $ 21,640 |
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S.F. Bay Area |
66 | $ 380,770 | $ 1,850 | $ 55,600 |
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US |
84 | $ 134,390 | $ 650 | $ 19,620 |
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S.F. Bay Area |
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Alameda |
65 | $ 347,380 | $ 1,690 | $ 50,720 |
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Contra-Costa (Central County) |
60 | $ 456,820 | $ 2,220 | $ 66,700 |
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Marin |
53 | $ 589,950 | $ 2,870 | $ 86,140 |
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Napa |
71 | $ 296,410 | $ 1,440 | $ 43,280 |
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San Francisco |
50 | $ 516,150 | $ 2,510 | $ 75,370 |
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San Mateo |
57 | $ 527,000 | $ 2,570 | $ 76,950 |
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Santa Clara |
65 | $ 455,180 | $ 2,220 | $ 66,460 |
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Solano |
88 | $ 158,870 | $ 770 | $ 23,200 |
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Sonoma |
72 | $ 274,860 | $ 1,340 | $ 40,130 |
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Southern California |
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Los Angeles |
68 | $ 239,180 | $ 1,160 | $ 34,920 |
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Orange County |
62 | $ 412,130 | $ 2,010 | $ 60,180 |
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Riverside County |
80 | $ 173,090 | $ 840 | $ 25,270 |
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San Bernardino |
88 | $ 111,690 | $ 540 | $ 16,310 |
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San Diego |
67 | $ 305,590 | $ 1,490 | $ 44,620 |
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Ventura |
71 | $ 338,830 | $ 1,650 | $ 49,470 |
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Central Coast |
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Monterey |
74 | $ 245,650 | $ 1,200 | $ 35,870 |
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San Luis Obispo |
62 | $ 313,440 | $ 1,530 | $ 45,770 |
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Santa Barbara |
67 | $ 295,130 | $ 1,440 | $ 43,090 |
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Santa Cruz |
57 | $ 403,750 | $ 1,970 | $ 58,950 |
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Central Valley |
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Fresno |
84 | $ 114,100 | $ 560 | $ 16,660 |
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Kings County |
86 | $ 122,320 | $ 600 | $ 17,860 |
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Madera |
88 | $ 95,050 | $ 460 | $ 13,880 |
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Merced |
87 | $ 98,120 | $ 480 | $ 14,330 |
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Placer County |
82 | $ 220,830 | $ 1,070 | $ 32,240 |
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Sacramento |
86 | $ 140,190 | $ 680 | $ 20,470 |
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Tulare |
86 | $ 101,430 | $ 490 | $ 14,810 |
Source: CALIFORNIA ASSOCIATION OF REALTORS®
r – revised
Note: The effective interest rate series previously used to calculate C.A.R.’s First-Time Buyer Housing Affordability Index (FTB-HAI) was discontinued in 2008. Beginning with this news release, the FTB-HAI will incorporate an effective interest rate that is based on the one-year, adjustable-rate mortgage (ARM) from Freddie Mac’s Primary Mortgage Market Survey (PMMS). The effective rate accounts for both the one-year ARM rate and the points/fees as reported by Freddie Mac.
