×
Industry 360°

Housing Market Forecast

The latest market forecast and projection to what lays ahead.


Data & Statistics

View the latest sales and price numbers. Find out where sales will be in upcoming months.

Current Sales & Price Statistics Housing Affordability Index - Traditional Historical Housing Data
Housing Matters Podcast

Your housing hub for market analysis, economic trends, and housing news.


Market Minute

Get a roundup of weekly economic and market news that matters to real estate and your business.


Speeches & Presentations

Catch up with the latest outreaches and webinars by the Research and Economics team.


Surveys & Reports

Californians are surveyed annually to gain insights on the housing market from their persepective.


Stay Connected

Stay connected with the latest releases by subscribing to the products and services that interest you.


CAR Interboard Arbitration

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.


Resources for Hearings via Zoom

Find tools, tips and tricks for successful online hearings and mediation conferences here


Model MLS Rules/Materials

California Model MLS Rules, Issues Briefing Papers, and other articles and materials related to MLS policy.


Online Training for Professional Standards Volunteers

These volunteer training courses are for members who will be part of Board of Directors, grievance committees and hearing panels at local associations.


Professional Standards Administrator Certification

All local associations/boards must designate and certify one person primarily responsible for administration of professional standards processes.  NAR requires that all Professional Standards Administrators re-certify every four years, thereby meeting the learning objectives and minimum criteria established by NAR.  


Professional Standards Train-the-Trainer

This training course is for those who want to become certified as a professional standards trainer.


Code of Ethics Violators

Summaries and photos of California REALTORS® who violated the Code of Ethics and were disciplined with a fine, letter of reprimand, suspension, or expulsion.


Statewide MLS Initiative

An explanation of C.A.R.'s position on MLS consolidations in general and a statewide MLS in particular.


NAR Code of Ethics

The most recent edition of the Code of Ethics and Standards of Practice of the National Association of REALTORS®.


Professional Standards Materials

The California Professional Standards Reference Manual, Local Association Forms, NAR materials and other materials related to Code of Ethics enforcement and arbitration.


Legislation

C.A.R. advocates for REALTOR® issues in Washington D.C., Sacramento and in city and county governments throughout California.


PACs and RAF

CREPAC, LCRC, IMPAC, ALF and the RAF comprise C.A.R.'s political fundraising arm.

REALTOR® Action Fund
Politics and You

Learn how you can make a difference, by getting involved yourself or by passing along valuable information to your clients.


Arbitration Rules

California Code of Ethics and Arbitration Rules and external link to JAMS Arbitration service.


Recent Legal Developments

Summaries of legislation and regulation effecting REALTORS® and updates on news relevant to REALTORS®.


Real Estate Cases and Other Legal Resources

Important industry cases, resources and information


Legal Matters Podcast

Learn on-the-go! The Legal Matters Podcast gives you bite-size nuggets of power-packed legal information that will help you protect yourself and your clients. Join our attorneys for a “Legal Bedtime Story” or for the scoop on vital issues like the “Top 5 RPA Mistakes”.


Miscellaneous/Contacts

Current legal developments, C.A.R. legal products and services.


CLOSE

Housing Affordability Index - First-Time Buyer

What is This?
Add a quick link to this page from the Homepage when you are signed in
Share Article

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

Q22020

First Time Buyer Housing Affordability Index

STATE/REGION/COUNTY

Q22020

Q12020

 

Q22019

Median Home Price

Monthly Payment Including Taxes & Insurance

Minimum Qualifying Income

CA SFH (SAAR)

50

52

 

47

 

$519,220

$2,630

$78,900

CA Condo/Townhomes

60

60

 

57

 

$408,000

$2,060

$61,800

Los Angeles Metropolitan Area

52

52

 

50

 

$465,800

$2,360

$70,800

Inland Empire

62

62

 

59

 

$340,000

$1,720

$51,600

S.F. Bay Area

44

48

 

41

 

$840,650

$4,250

$127,500

US

71

73

 

70

 

$247,610

$1,250

$37,500

 

 

 

 

 

 

 

 

 

S.F. Bay Area

 

 

 

 

 

 

 

 

Alameda

41

45

 

40

 

$841,500

$4,260

$127,800

Contra Costa

55

60

 

54

 

$616,250

$3,120

$93,600

Marin

32

37

 

32

 

$1,241,000

$6,280

$188,400

Napa

51

52

 

46

 

$612,000

$3,100

$93,000

San Francisco

27

29

 

24

 

$1,453,500

$7,350

$220,500

San Mateo

27

30

 

26

 

$1,445,000

$7,310

$219,300

Santa Clara

36

38

 

34

 

$1,173,000

$5,940

$178,200

Solano

63

65

 

64

 

$412,250

$2,090

$62,700

Sonoma

50

52

 

47

 

$577,920

$2,920

$87,600

Southern California

 

 

 

 

 

 

 

 

Los Angeles

47

47

 

45

 

$494,400

$2,500

$75,000

Orange

42

41

 

41

 

$730,150

$3,690

$110,700

Riverside

59

60

 

57

 

$374,000

$1,890

$56,700

San Bernardino

69

69

 

66

 

$275,400

$1,390

$41,700

San Diego

48

49

 

46

 

$569,500

$2,880

$86,400

Ventura

50

52

 

50

 

$586,500

$2,970

$89,100

Central Coast

 

 

 

 

 

 

 

 

Monterey

44

45

 

43

 

$578,000

$2,920

$87,600

San Luis Obispo

49

50

 

45

 

$531,250

$2,690

$80,700

Santa Barbara

48

45

 

36

 

$548,250

$2,770

$83,100

Santa Cruz

38

38

 

32

 

$769,250

$3,890

$116,700

Central Valley

 

 

 

 

 

 

 

 

Fresno

65

66

 

63

 

$255,000

$1,290

$38,700

Glenn

60

60

 

NA

 

$258,610

$1,310

$39,300

Kern

66

68

 

66

 

$231,190

$1,170

$35,100

Kings

74

75

 

72

 

$221,000

$1,120

$33,600

Madera

68

69

 

68

 

$255,000

$1,290

$38,700

Merced

65

65

 

64

 

$242,250

$1,230

$36,900

Placer

62

64

 

63

 

$437,750

$2,220

$66,600

Sacramento

62

63

 

61

 

$344,250

$1,740

$52,200

San Benito

58

62

 

55

 

$510,000

$2,580

$77,400

San Joaquin

60

62

 

60

 

$347,650

$1,760

$52,800

Stanislaus

65

67

 

64

 

$299,200

$1,510

$45,300

Tulare

67

68

 

67

 

$220,640

$1,120

$33,600

Other Counties in California

 

 

 

 

 

 

 

 

Amador

67

68

 

57

 

$284,750

$1,440

$43,200

Butte

54

57

 

50

 

$322,900

$1,630

$48,900

Calaveras

63

63

 

61

 

$296,650

$1,500

$45,000

Del Norte

56

63

 

NA

 

$240,080

$1,210

$36,300

El Dorado

60

63

 

57

 

$437,750

$2,220

$66,600

Humboldt

59

60

 

54

 

$274,130

$1,390

$41,700

Lake

62

66

 

62

 

$257,130

$1,300

$39,000

Lassen

79

76

 

76

 

$169,580

$860

$25,800

Mariposa

60

63

 

62

 

$297,080

$1,500

$45,000

Mendocino

54

53

 

46

 

$348,500

$1,760

$52,800

Mono

35

37

 

34

 

$610,940

$3,090

$92,700

Nevada

60

61

 

58

 

$368,690

$1,870

$56,100

Plumas

67

64

 

55

 

$246,370

$1,250

$37,500

Shasta

67

67

 

64

 

$250,750

$1,270

$38,100

Siskiyou

69

67

 

64

 

$195,500

$990

$29,700

Sutter

66

67

 

62

 

$276,250

$1,400

$42,000

Tehama

69

65

 

64

 

$202,730

$1,030

$30,900

Tuolumne

68

68

 

64

 

$258,400

$1,310

$39,300

Yolo

58

59

 

55

 

$388,450

$1,970

$59,100

Yuba

67

68

 

63

 

$276,210

$1,400

$42,000

 

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.


FEEDBACK
Top Searches