Housing Affordability Index

 

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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STATE/REGION/COUNTY Q3-2017 Q2-2017   Q3-2016   Median Home
Price
Monthly Payment Including Taxes & Insurance Minimum
Qualifying Income
CA SFH (SAAR) 28 29   31   $555,680 $2,800 $112,100
CA Condo/Townhomes 38 39 R 40   $440,000 $2,220 $88,770
Los Angeles Metropolitan Area 30 31   34   $502,000 $2,530 $101,270
Inland Empire 43 43   47 R $339,900 $1,710 $68,570
S.F. Bay Area 23 21   27 R $860,000 $4,340 $173,500
US 55 55   57   $254,000 $1,280 $51,240
                 
S.F. Bay Area                
Alameda 20 19   24 R $865,000 $4,360 $174,500
Contra Costa 33 31   37 R $624,450 $3,150 $125,980
Marin 18 17   19   $1,225,000 $6,180 $247,130
Napa 26 25   25   $653,000 $3,290 $131,740
San Francisco 13 12   14   $1,370,000 $6,910 $276,380
San Mateo 15 14   15   $1,441,250 $7,270 $290,760
Santa Clara 17 17   22   $1,165,000 $5,880 $235,030
Solano 43 44   45   $415,750 $2,100 $83,870
Sonoma 25 25   27   $630,000 $3,180 $127,100
Southern California                
Los Angeles 22 28   26   $595,110 $3,000 $120,060
Orange 21 21   23   $790,000 $3,980 $159,370
Riverside 38 39   42   $387,000 $1,950 $78,070
San Bernardino 51 51   55   $270,000 $1,360 $54,470
San Diego 26 26   28 R $607,000 $3,060 $122,460
Ventura 27 27   34 R $634,000 $3,200 $127,900
Central Coast                
Monterey 22 21   25   $585,000 $2,950 $118,020
San Luis Obispo 23 26   27 R $599,000 $3,020 $120,840
Santa Barbara 20 16   20   $664,540 $3,350 $134,060
Santa Cruz 17 17   18   $830,000 $4,190 $167,440
Central Valley                
Fresno 45 47   50   $259,900 $1,310 $52,430
Kern 53 54   56   $235,000 $1,190 $47,410
Kings 52 52   58 R $225,000 $1,130 $45,390
Madera 41 44   48 R $280,000 $1,410 $56,490
Merced 47 48   51 R $255,000 $1,290 $51,440
Placer 44 43   47 R $455,000 $2,290 $91,790
Sacramento 43 45   46 R $350,000 $1,770 $70,610
San Benito 31 33   34   $550,000 $2,770 $110,960
San Joaquin 41 43   45 R $352,250 $1,780 $71,060
Stanislaus 46 47   49 R $295,000 $1,490 $59,510
Tulare 51 52   50 R $225,000 $1,130 $45,390
Other Counties in California                
Amador 44 42   53   $320,000 $1,610 $64,560
Butte 40 39   44   $299,900 $1,510 $60,500
El Dorado 41 40   40   $462,750 $2,330 $93,350
Humboldt 33 36   40   $318,000 $1,600 $64,150
Lake 38 38   46   $249,950 $1,260 $50,420
Mariposa And Tuolumne 45 46   50   $289,000 $1,460 $58,300
Mendocino 28 27   33   $391,000 $1,970 $78,880
Shasta 48 47   48   $250,000 $1,260 $50,430
Siskiyou 49 47   51   $203,500 $1,030 $41,050
Sutter 51 53   51   $280,600 $1,420 $56,610
Tehama 56 57   59   $208,500 $1,050 $42,060
Yolo 34 35   36   $435,000 $2,190 $87,760
Yuba 43 43   46   $268,520 $1,350 $54,170

Traditional Housing Affordability Index Methodology

Source: CALIFORNIA ASSOCIATION OF REALTORS