Kitsap County Trends Report...33


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Housing Affordability (cont.)

ALL-BUYER INDEX AND FIRST-TIME BUYER INDEX BOTH SHOW KITSAP IS AFFORDABLE

The Chart below illustrates the relative affordability of Single-Family homes in Kitsap County utilizing both ways of calculating affordability (All-buyer Index and First-time Buyer Index).

HOUSING AFFORDABILITY CONDITIONS - Last Five Quarters
CountyAll-Buyer Affordability Index  First-Time Buyer Index
 98:Q398:Q499:Q199:Q299:Q3  98:Q398:Q499:Q199:Q299:Q3
Benton/
Franklin
191.6
122.7
196.3
123.6
195.9
123.4
190.2
126.6
173.6
118.6
  114.8
75.3
117.7
75.9
117.5
75.9
113.9
77.4
104.0
72.4
Clark139.4145.8149.8143.7137.8  85.188.791.287.774.1
King112.8118.9113.1115.6108.5  63.967.464.265.861.9
Kitsap118.3129.1126.5126.6124.0  73.280.078.478.376.6
Pierce133.0139.3136.9134.0126.1  80.083.882.480.275.3
Snohomish119.7120.6120.1116.9111.6  74.374.874.572.969.9
Spokane158.5171.7169.1167.1153.2  88.795.994.593.585.8
Thurson147.7150.0155.0146.6138.7  88.389.592.587.182.3
Whatcom130.7130.0132.2128.3124.0  73.773.374.572.570.2
Statewide122.7128.6126.1121.0116.7  69.172.371.070.068.4

WASHINGTON CENTER FOR REAL ESTATE RESEARCH
WASHINGTON STATE UNIVERSITY
Web Sites: www.cbe.wsu.edu/~wcrer

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