During this past month of December, the median rental price for a single family home in San Ramon was $3,817 and median sale price for a single family home in the city was $1,033,000. There were approximately 186 homes listed for sale in the city at the end of December, compared with 186 in November. During the last month, homes sold within 8 days on the market and received 4 offers per sale on average.
City Housing Supply:
As of the end of 2017, the total count of existing housing units in the city was 28,599. Single family housing units make up the vast majority 73.11% of San Ramon's housing units, 20,910 units total. Multifamily units make up 26 percent, or approximately 7,652. As of last year, the average housing density (people per household) was 2.99, compared with the state average of 2.97. At the end of the period, about 936 of housing units in the city were unoccupied, suggesting a vacancy rate of 0 percent.
Regulations & Outlook:
The City has finalized updates to it's residential zoning code that fully comply with State Laws SB 1069 and AB 2299 which allow for Accessory Dwelling Units (ADUs) to be developed on most single family lots. More commonly referred to as “Granny Flats” and “In-Law Units”, in San Ramon as many as 12,336 homes may now be eligible to add some form of second dwelling unit. These laws are intended by The State to boost opportunities for housing production in cities in an effort to address the growing housing deficits local communities face accross The State. Typically secondary units are constructed by homeowners in backyards, converted garages and basements of single family residences. These new regulations could now allow individual homeowners to play a significant role to increase housing production in San Ramon over the coming years. Consider for example, if just one percent of eligible homeowners in San Ramon built an ADU each year, it would contribute an additional 616 units to the city's housing stock over the next five years and create hundreds of new local construction jobs.
Local News & Policy:
The city's latest residential zoning requirements for ADUs can be found on the San Ramon City Page using the link or search bar at the bottom of this report. Recently More information on the latest local policies and requirements for ADUs will be available as they are passed. Check back each month for the latest changes in San Ramon.
For homeowners and local developers who are interested in getting involved in the ADU movement locally in San Ramon, use Housable to get insights about the ADU housing development potential of specific properties. Housable provides zoning, permitting, estimation and design tools, many of them free of charge, to help homeowners at any step plan, permit and build their ADU projects. Use property design and calculation tools any time, get low cost insights about the ADU potetnial of your property and connect with local professionals who can help with the process when you're ready to get started. Stay up to date with the latest local trends in housing production and join the ADU movement to create more housing in San Ramon, one garage, basement, or backyard at a time.
Median Sales Price $1,033,000.00
Median Rental Price $3,816.00 Based on 840 sqft unit
Total Homes on Market 186
Average Days on Market 8
Average Offers per Sale 4
Total Housing Units 28599
Single-Family Units 20910
Other Type Units 37
Unit Vacancy Rate 0.0327
Annual Units Produced (2017) 292
Go to San Ramon ADU Zoning Page
Customer since January, 2020
State of CA Understanding Accessory Dwelling Units and Their Importance www.hcd.ca.gov 01/12/2016
State of CA What are Accessory Dwelling Units? California Department of Housing and Community Development 15/05/2017
State of CA California rent control measure makes November ballot https://la.curbed.com 18/06/2018
State of CA Accessory Dwelling Units - California Department of Housing and ... www.hcd.ca.gov 01/01/2017
Go to San Ramon ADU Zoning Page
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