View the latest sales and price numbers. Find out where sales will be in upcoming months.
Watch our C.A.R. economists provide updates on the latest housing market data and happenings... quickly!
Get a roundup of weekly economic and market news that matters to real estate and your business.
Gain insights through interactive dashboards and downloadable content.
All Shareable Reports All Interactive DashboardsCatch up with the latest outreaches and webinars by the Research and Economics team.
C.A.R. conducts survey research with members and consumers on a regular basis to get a better understanding of the housing market and the real estate industry.
California Model MLS Rules, Issues Briefing Papers, and other articles and materials related to MLS policy.
Looking for information on how to file an interboard arbitration complaint? You've come to the right place! Find the rules, timeline and filing documents here.
Summaries and photos of California REALTORS® who violated the Code of Ethics and were disciplined with a fine, letter of reprimand, suspension, or expulsion.
The most recent edition of the Code of Ethics and Standards of Practice of the National Association of REALTORS®.
The California Professional Standards Reference Manual, Local Association Forms, NAR materials and other materials related to Code of Ethics enforcement and arbitration.
C.A.R. advocates for REALTOR® issues in Washington D.C., Sacramento and in city and county governments throughout California.
CREPAC, LCRC, IMPAC, ALF and the RAF comprise C.A.R.'s political fundraising arm.
REALTOR® Action FundLearn how you can make a difference, by getting involved yourself or by passing along valuable information to your clients.
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 series: XLS | Historical
First -Time Buyer Housing Affordability Index Methodology
|
Q22023 |
First Time Buyer Housing Affordability Index |
|||||||
|
STATE/REGION/COUNTY |
Q22023 |
Q12023 |
|
Q22022 |
|
Median Home Price |
Monthly Payment Including Taxes & Insurance |
Minimum Qualifying Income |
|
CA SFH (SAAR) |
32 |
35 |
r |
34 |
|
$706,030 |
$4,520 |
$135,600 |
|
CA Condo/Townhomes |
43 |
45 |
|
46 |
|
$544,000 |
$3,480 |
$104,400 |
|
Los Angeles Metropolitan Area |
33 |
36 |
|
36 |
|
$646,000 |
$4,140 |
$124,200 |
|
Inland Empire |
42 |
45 |
|
46 |
|
$484,500 |
$3,100 |
$93,000 |
|
S.F. Bay Area |
28 |
36 |
r |
29 |
r |
$1,105,000 |
$7,080 |
$212,400 |
|
US |
55 |
58 |
|
58 |
|
$342,210 |
$2,190 |
$65,700 |
|
|
|
|
|
|
|
|
|
|
|
S.F. Bay Area |
|
|
|
|
|
|
|
|
|
Alameda |
26 |
33 |
r |
26 |
r |
$1,083,750 |
$6,940 |
$208,200 |
|
Contra Costa |
40 |
48 |
r |
42 |
r |
$765,000 |
$4,900 |
$147,000 |
|
Marin |
23 |
26 |
|
24 |
|
$1,504,500 |
$9,640 |
$289,200 |
|
Napa |
36 |
37 |
|
34 |
r |
$726,750 |
$4,650 |
$139,500 |
|
San Francisco |
27 |
28 |
|
25 |
|
$1,369,350 |
$8,770 |
$263,100 |
|
San Mateo |
26 |
27 |
|
24 |
|
$1,710,630 |
$10,960 |
$328,800 |
|
Santa Clara |
26 |
28 |
|
26 |
|
$1,530,000 |
$9,800 |
$294,000 |
|
Solano |
49 |
51 |
|
54 |
|
$503,840 |
$3,230 |
$96,900 |
|
Sonoma |
33 |
36 |
|
38 |
|
$722,500 |
$4,630 |
$138,900 |
|
Southern California |
|
|
|
|
|
|
|
|
|
Los Angeles |
30 |
33 |
|
33 |
|
$670,990 |
$4,300 |
$129,000 |
|
Orange |
20 |
22 |
|
24 |
|
$1,062,500 |
$6,800 |
$204,000 |
|
Riverside |
40 |
42 |
|
43 |
|
$531,250 |
$3,400 |
$102,000 |
|
San Bernardino |
50 |
50 |
|
53 |
|
$388,030 |
$2,490 |
$74,700 |
|
San Diego |
27 |
30 |
|
31 |
|
$801,000 |
$5,130 |
$153,900 |
|
Ventura |
30 |
36 |
|
34 |
|
$777,750 |
$4,980 |
$149,400 |
|
Central Coast |
|
|
|
|
|
|
|
|
|
Monterey |
25 |
27 |
|
31 |
|
$735,560 |
$4,710 |
$141,300 |
|
San Luis Obispo |
25 |
28 |
|
30 |
|
$748,000 |
$4,790 |
$143,700 |
|
Santa Barbara |
17 |
29 |
|
22 |
|
$1,015,750 |
$6,510 |
$195,300 |
|
Santa Cruz |
21 |
23 |
|
24 |
|
$1,079,500 |
$6,910 |
$207,300 |
|
Central Valley |
|
|
|
|
|
|
|
|
|
Fresno |
47 |
51 |
|
51 |
|
$357,000 |
$2,290 |
$68,700 |
|
Glenn |
53 |
52 |
|
58 |
|
$296,650 |
$1,900 |
$57,000 |
|
Kern |
49 |
51 |
|
52 |
|
$323,000 |
$2,070 |
$62,100 |
|
Kings |
54 |
55 |
|
62 |
|
$306,850 |
$1,970 |
$59,100 |
|
Madera |
51 |
54 |
|
54 |
|
$359,550 |
$2,300 |
$69,000 |
|
Merced |
52 |
53 |
|
55 |
|
$331,500 |
$2,120 |
$63,600 |
|
Placer |
49 |
52 |
r |
50 |
r |
$566,950 |
$3,630 |
$108,900 |
|
Sacramento |
46 |
50 |
|
49 |
|
$450,500 |
$2,890 |
$86,700 |
|
San Benito |
39 |
45 |
|
39 |
|
$641,870 |
$4,110 |
$123,300 |
|
San Joaquin |
45 |
47 |
|
46 |
r |
$450,500 |
$2,890 |
$86,700 |
|
Stanislaus |
47 |
50 |
r |
51 |
|
$391,000 |
$2,500 |
$75,000 |
|
Tulare |
52 |
55 |
|
54 |
|
$314,500 |
$2,010 |
$60,300 |
|
Far North |
|
|
|
|
|
|
|
|
|
Butte |
48 |
50 |
|
48 |
|
$369,710 |
$2,370 |
$71,100 |
|
Lassen |
70 |
70 |
|
72 |
|
$211,650 |
$1,360 |
$40,800 |
|
Plumas |
56 |
60 |
|
54 |
|
$302,600 |
$1,940 |
$58,200 |
|
Shasta |
54 |
57 |
|
56 |
|
$330,650 |
$2,120 |
$63,600 |
|
Siskiyou |
57 |
60 |
|
50 |
|
$237,580 |
$1,520 |
$45,600 |
|
Tehama |
52 |
56 |
|
52 |
|
$297,500 |
$1,910 |
$57,300 |
|
Other Counties in California |
|
|
|
|
|
|
|
|
|
Amador |
49 |
54 |
r |
55 |
|
$392,610 |
$2,510 |
$75,300 |
|
Calaveras |
48 |
53 |
|
50 |
|
$416,500 |
$2,670 |
$80,100 |
|
Del Norte |
47 |
49 |
|
51 |
|
$310,250 |
$1,990 |
$59,700 |
|
El Dorado |
42 |
49 |
|
46 |
|
$594,150 |
$3,810 |
$114,300 |
|
Humboldt |
42 |
44 |
|
45 |
|
$372,300 |
$2,380 |
$71,400 |
|
Lake |
46 |
50 |
|
54 |
|
$303,450 |
$1,940 |
$58,200 |
|
Mariposa |
44 |
45 |
|
44 |
|
$331,500 |
$2,120 |
$63,600 |
|
Mendocino |
35 |
44 |
|
34 |
|
$442,000 |
$2,830 |
$84,900 |
|
Mono |
13 |
17 |
|
18 |
|
$833,000 |
$5,330 |
$159,900 |
|
Nevada |
43 |
48 |
|
46 |
|
$473,880 |
$3,030 |
$90,900 |
|
Sutter |
52 |
56 |
|
54 |
|
$361,250 |
$2,310 |
$69,300 |
|
Tuolumne |
51 |
55 |
|
54 |
|
$355,560 |
$2,280 |
$68,400 |
|
Yolo |
40 |
45 |
|
43 |
r |
$531,250 |
$3,400 |
$102,000 |
|
Yuba |
46 |
48 |
|
49 |
|
$378,210 |
$2,420 |
$72,600 |
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.
