Contra Costa Housing Affordability

Contra Costa Housing Affordability declines

Check out the latest release from the California Association of Realtors. Their research shows that from 2nd quarter last year, to 2nd quarter this year, housing affordability in California overall is down 15% – from 51% in 2012 to 36% in 2013.

In the Bay Area and Contra Costa Housing Affordability, the numbers look like this:

C.A.R. Region Housing Affordability Index Median Home Price Monthly Payment Including Taxes & Insurance Minimum Qualifying Income
Calif. Single-family home 36 $415,770 $2,000 $79,910
Calif. Condo/Townhome 46 $334,160 $1,610 $64,230
Los Angeles Metro Area 39 $380,890 $1,830 $73,210
Inland Empire 56 $239,640 $1,150 $46,060
San Francisco Bay Area 24 $706,340 $3,390 $135,760
United States 60 $203,500 $980 $39,110
San Francisco Bay Area
Alameda 25 $640,020 $3,080 $123,020
Contra-Costa (Central Cty) 20 $796,150 $3,830 $153,030
Marin 20 $972,440 $4,670 $186,910
Napa 34 $481,820 $2,320 $92,610
San Francisco 17 $902,420 $4,340 $173,450
San Mateo 17 $960,000 $4,610 $184,520
Santa Clara 24 $808,500 $3,880 $155,400
Solano 63 $265,900 $1,280 $51,110
Sonoma 29 $442,710 $2,130 $85,090

Chart: CAR releases Q2 Affordability Index

Read the whole report at this link Contra Costa Housing Affordability

What is the Contra Costa median home price? What’s the Contra Costa monthly payment and income required for the median home price? The link, the chart, tells you all the information you may need.

If you want to buy or sell a home in Contra Costa, contact Catherine Myers at 925-683-2125.

Buy a home in Walnut Creek area

By |2013-08-14T00:56:55+00:00August 14th, 2013|Featured Posts|Comments Off on Contra Costa Housing Affordability

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Catherine Myers is a licensed real estate broker located in Walnut Creek, CA. Catherine has been serving the real estate needs of buyers, sellers and investors of the Contra Costa area since 2002. Catherine has always had an entrepreneurial hard working spirit and real estate allows the convergence of her love of helping people and the pragmatic approach of seeing dreams realized.

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