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Housing Affordability Index - Traditional

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C.A.R.'s Traditional Housing Affordability Index (HAI) measures the percentage of households that can afford to purchase the median priced home in the state and regions of California based on traditional assumptions. C.A.R. also reports its traditional and first-time buyer indexes for regions and select counties within the state. The HAI is the most fundamental measure of housing well-being for buyers in the state.

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Q4018

                                 C.A.R. Traditional Housing Affordability Index

STATE/REGION/COUNTY

Q4018

Q32018

 

Q42017

Median Home Price

Monthly Payment Including Taxes & Insurance

Minimum Qualifying Income

CA SFH (SAAR)

28

27

 

29

 

$564,270

$3,060

$122,340

CA Condo/Townhomes

37

36

R

38

 

$460,000

$2,490

$99,730

Los Angeles Metropolitan Area

30

30

 

31

 

$510,000

$2,760

$110,570

Inland Empire

40

41

 

43

 

$360,000

$1,950

$78,050

S.F. Bay Area

22

21

 

21

 

$910,000

$4,930

$197,290

US

54

53

 

56

 

$257,600

$1,400

$55,850

 

 

 

 

 

 

 

 

 

S.F. Bay Area

 

 

 

 

 

 

 

 

Alameda

20

18

 

20

 

$890,000

$4,820

$192,960

Contra Costa

33

32

 

34

 

$638,000

$3,460

$138,320

Marin

19

19

 

18

 

$1,312,500

$7,110

$284,560

Napa

25

24

 

25

 

$714,000

$3,870

$154,800

San Francisco

15

15

 

12

 

$1,505,000

$8,160

$326,290

San Mateo

15

14

 

14

 

$1,518,890

$8,230

$329,300

Santa Clara

18

17

 

15

 

$1,250,000

$6,780

$271,010

Solano

39

38

 

44

 

$435,000

$2,360

$94,310

Sonoma

23

22

 

23

 

$640,000

$3,470

$138,760

Southern California

 

 

 

 

 

 

 

 

Los Angeles

24

22

 

25

 

$576,100

$3,120

$124,900

Orange

20

20

 

21

 

$799,000

$4,330

$173,230

Riverside

37

37

 

38

 

$400,000

$2,170

$86,720

San Bernardino

48

48

 

50

 

$295,000

$1,600

$63,960

San Diego

24

23

 

26

 

$625,950

$3,390

$135,710

Ventura

29

28

 

26

 

$649,000

$3,520

$140,710

Central Coast

 

 

 

 

 

 

 

 

Monterey

21

20

 

21

 

$615,000

$3,330

$133,340

San Luis Obispo

22

21

 

24

 

$620,650

$3,360

$134,560

Santa Barbara

32

26

 

18

 

$514,950

$2,790

$111,640

Santa Cruz

12

12

 

17

 

$885,000

$4,800

$191,870

Central Valley

 

 

 

 

 

 

 

 

Fresno

46

46

 

46

 

$269,000

$1,460

$58,320

Kern

53

53

 

54

 

$240,000

$1,300

$52,030

Kings

50

51

 

52

 

$231,000

$1,250

$50,080

Madera

47

48

 

49

 

$264,000

$1,430

$57,240

Merced

40

40

 

48

 

$270,950

$1,470

$58,740

Placer

42

42

 

44

 

$475,000

$2,570

$102,980

Sacramento

42

42

 

43

 

$363,000

$1,970

$78,700

San Benito

28

27

 

31

 

$586,000

$3,180

$127,050

San Joaquin

38

38

 

41

 

$365,000

$1,980

$73,130

Stanislaus

45

45

 

45

 

$312,500

$1,690

$67,750

Tulare

47

47

 

52

 

$235,000

$1,270

$50,950

Other Counties in California

 

 

 

 

 

 

 

 

Amador

NA

NA

 

44

 

NA

NA

NA

Butte

34

39

 

39

 

$339,500

$1,840

$73,610

Calaveras

45

43

 

50

 

$315,000

$1,710

$68,290

El Dorado

42

41

 

42

 

$474,000

$2,570

$102,770

Humboldt

33

33

 

34

 

$310,000

$1,680

$67,210

Lake

40

39

 

36

 

$259,000

$1,400

$56,150

Lassen

66

67

 

65

 

$175,000

$950

$37,940

Mariposa

38

40

 

48

 

$322,250

$1,750

$69,870

Mendocino

23

23

 

28

 

$420,000

$2,280

$91,060

Mono

12

11

 

19

 

$640,000

$3,470

$138,760

Nevada

35

32

 

39

 

$395,000

$2,140

$85,640

Plumas

42

44

 

45

 

$287,500

$1,560

$62,330

Shasta

45

44

 

47

 

$267,500

$1,450

$58,000

Siskiyou

50

47

 

51

 

$195,000

$1,060

$42,280

Sutter

44

45

 

52

 

$305,000

$1,650

$66,130

Tehama

46

49

 

56

 

$235,000

$1,270

$50,950

Tuolumne

48

41

 

48

 

$278,500

$1,510

$60,380

Yolo

37

35

 

34

 

$432,000

$2,340

$93,660

Yuba

44

48

 

42

 

$291,000

$1,580

$63,090

Traditional Housing Affordability Index Methodology

Source: CALIFORNIA ASSOCIATION OF REALTORS®


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