Per California Association of Realtors Housing Affordability Index (HAI)
Q3 2019 Update,Published November 2019

Bay Area housing affordability percentages ticked up considerably in Q3 2019 as compared to Q3 2018.

Generally stabilizing or slightly declining median home prices, plus increasing median household incomes and dramatically falling interest rates = a jump in year over year housing affordability.

The CA Association of Realtors Housing Affordability Index estimates the percentage of households who can afford to buy a median priced HOUSE with a 20% down-payment, at prevailing fixed 30·year interest rates, with associated housing expenses such at taxes and insurance. Counties contain cities, and cities contain neighborhoods of widely varying values, market conditions and affluence.

https://www /data/haimethodology. Data from sources deemed reliable,but may contain errors and subject to revision. All numbers to be considered approximate. SF condo figures calculated by Compass using CAR percentages proportional to published median sales prices.



Home Prices, Appreciation & Ownership Costs;

Affordability Percentages, Household Incomes,

Interest Rates, Rents & Homelessness


The next 2 charts are excerpted from the very in-depth report, “Bay Area Homelessness: A Regional View of a Regional Crisis” put out by Bay Area Council Economic Institute, published April 2019.


Source: Compass

It is impossible to know how median and average value statistics apply to any particular home without a specific comparative market analysis. These analyses were made in good faith with data from sources deemed reliable, but may contain errors and are subject to revision. It is not our intent to convince you of a particular position, but to attempt to provide straightforward data and analysis, so you can make your own informed decisions. Median and average statistics are enormous generalities: There are hundreds of different markets in San Francisco and the Bay Area, each with its own unique dynamics. Median prices and average dollar per square foot values can be and often are affected by other factors besides changes in fair market value. Longer term trends are much more meaningful than short-term.

Compass is a real estate broker licensed by the State of California, DRE 01527235. Equal Housing Opportunity. This report has been prepared solely for information purposes. The information herein is based on or derived from information generally available to the public and/or from sources believed to be reliable. No representation or warranty can be given with respect to the accuracy or completeness of the information. Compass disclaims any and all liability relating to this report, including without limitation any express or implied representations or warranties for statements contained in, and omissions from, the report. Nothing contained herein is intended to be or should be read as any regulatory, legal, tax, accounting or other advice and Compass does not provide such advice. All opinions are subject to change without notice. Compass makes no representation regarding the accuracy of any statements regarding any references to the laws, statutes or regulations of any state are those of the author(s). Past performance is no guarantee of future results.