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2011 Index of Silicon Valley - Silicon Valley Community Foundation

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Housing<br />

PLACE<br />

Percent <strong>of</strong> Households with Housing Costs Greater than 35% <strong>of</strong> Income<br />

Renters and Owners<br />

Santa Clara & San Mateo Counties, California<br />

50%<br />

45%<br />

40%<br />

35%<br />

30%<br />

25%<br />

20%<br />

15%<br />

10%<br />

5%<br />

0<br />

Housing Costs<br />

2002<br />

2003<br />

2004<br />

2005<br />

2006<br />

2007<br />

2008<br />

2009<br />

Santa Clara and San Mateo County Renters<br />

California Renters<br />

Santa Clara and San Mateo County Owners<br />

California Owners<br />

Data Source: U.S. Census Bureau, American <strong>Community</strong> Survey<br />

Analysis: Collaborative Economics<br />

Trends in Home Sales<br />

Average Sale Price and Number <strong>of</strong> Home Sales<br />

<strong>Silicon</strong> <strong>Valley</strong><br />

$1,200,000 60,000<br />

Average Sale Price (Inflation Adjusted)<br />

1,000,000 50,000<br />

800,000 40,000<br />

600,000 30,000<br />

400,000 20,000<br />

200,000 10,000<br />

Number <strong>of</strong> Home Sales<br />

0 0<br />

*<br />

2002<br />

2003<br />

2004<br />

2005<br />

2006<br />

2007<br />

2008<br />

2009<br />

2010<br />

Average Sale Price<br />

Number <strong>of</strong> Home Sales<br />

* The Year 2010 includes data through June 2010<br />

Data Source: RAND California Statistics<br />

Analysis: Collaborative Economics<br />

54

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