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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.

Download series:  XLS  |   Historical

Download presentation:  PPT  |  PDF

 

Q32018

C.A.R. Traditional Housing Affordability Index

STATE/REGION/COUNTY

Q32018

Q22018

 

Q32017

Median Home Price

Monthly Payment Including Taxes & Insurance

Minimum Qualifying Income

CA SFH (SAAR)

27

26

 

28

 

$588,530

$3,140

$125,540

CA Condo/Townhomes

35

36

 

38

 

$479,390

$2,560

$102,260

Los Angeles Metropolitan Area

30

29

 

30

 

$526,000

$2,810

$112,200

Inland Empire

41

41

 

43

 

$362,500

$1,930

$77,330

S.F. Bay Area

21

18

 

23

 

$950,000

$5,070

$202,650

US

53

53

 

55

 

$266,900

$1,420

$56,930

 

 

 

 

 

 

 

 

 

S.F. Bay Area

 

 

 

 

 

 

 

 

Alameda

18

16

 

20

 

$950,000

$5,070

$202,650

Contra Costa

32

29

 

33

 

$660,000

$3,520

$140,790

Marin

19

18

 

18

 

$1,300,000

$6,930

$277,310

Napa

24

25

 

26

 

$729,500

$3,890

$155,610

San Francisco

15

14

 

13

 

$1,600,000

$8,530

$341,300

San Mateo

14

14

 

15

 

$1,600,000

$8,530

$341,300

Santa Clara

17

16

 

17

 

$1,300,000

$6,930

$277,310

Solano

38

38

 

43

 

$455,000

$2,430

$97,060

Sonoma

22

20

 

25

 

$660,000

$3,520

$140,790

Southern California

 

 

 

 

 

 

 

 

Los Angeles

22

26

 

22

 

$628,940

$3,350

$134,160

Orange

20

20

 

21

 

$830,000

$4,430

$177,050

Riverside

37

37

 

38

 

$405,000

$2,160

$86,390

San Bernardino

48

49

 

51

 

$294,900

$1,570

$62,910

San Diego

23

23

 

26

 

$650,000

$3,470

$138,650

Ventura

28

28

 

27

 

$665,000

$3,550

$141,850

Central Coast

 

 

 

 

 

 

 

 

Monterey

20

19

 

22

 

$622,000

$3,320

$132,680

San Luis Obispo

21

22

 

23

 

$640,000

$3,410

$136,520

Santa Barbara

26

20

 

20

 

$599,500

$3,200

$127,880

Santa Cruz

12

12

 

17

 

$903,000

$4,820

$192,620

Central Valley

 

 

 

 

 

 

 

 

Fresno

46

46

R

45

 

$275,060

$1,470

$58,670

Kern

53

53

 

53

 

$246,000

$1,310

$52,480

Kings

51

50

 

52

 

$230,000

$1,230

$49,060

Madera

48

48

R

44

 

$260,000

$1,390

$55,460

Merced

40

42

 

47

 

$276,320

$1,470

$58,940

Placer

42

41

 

44

 

$480,000

$2,560

$102,390

Sacramento

42

41

 

43

 

$370,000

$1,970

$78,930

San Benito

27

30

 

31

 

$610,000

$3,250

$130,120

San Joaquin

38

38

 

41

 

$370,000

$1,970

$78,930

Stanislaus

45

45

 

46

 

$319,900

$1,710

$68,240

Tulare

47

48

 

51

 

$239,900

$1,280

$51,170

Other Counties in California

 

 

 

 

 

 

 

 

Amador

-

44

 

44

 

-

-

-

Butte

39

38

 

40

 

$315,000

$1,680

$67,190

Calaveras

43

43

 

44

 

$332,950

$1,780

$71,020

El Dorado

41

38

 

41

 

$489,500

$2,610

$104,420

Humboldt

33

33

 

33

 

$315,000

$1,680

$67,190

Lake County

39

37

 

38

 

$266,250

$1,420

$56,790

Lassen

67

64

 

64

 

$175,000

$930

$37,330

Mariposa

40

39

 

51

 

$315,000

$1,680

$67,190

Mendocino

23

22

 

28

 

$420,000

$2,240

$89,590

Mono

11

14

 

20

 

$675,000

$3,600

$143,990

Nevada

32

32

 

39

 

$429,500

$2,290

$91,620

Plumas

44

42

 

47

 

$282,000

$1,500

$60,150

Shasta

44

46

 

48

 

$275,000

$1,470

$58,660

Siskiyou

47

48

 

49

 

$214,200

$1,140

$45,690

Sutter

45

45

 

51

 

$298,500

$1,590

$63,670

Tehama

49

51

 

56

 

$223,950

$1,190

$47,770

Tuolumne

41

43

 

45

 

$318,000

$1,700

$67,830

Yolo

35

33

 

34

 

$450,000

$2,400

$95,990

Yuba

48

45

 

43

 

$270,000

$1,440

$57,590

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Traditional Housing Affordability Index Methodology

Source: CALIFORNIA ASSOCIATION OF REALTORS®


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