During this past month of November, the median rental price for a single family home in Sunnyvale was $3,834 and median sale price for a single family home in the city was $1,800,300. There were approximately 146 homes listed for sale in the city at the end of November, compared with 127 in October. During the last month, homes sold within 36 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 59,242. Single family housing units make up about 45.97% of Sunnyvale's housing units, 27,234 units total. Multifamily units make up 47 percent, or approximately 28,198. As of last year, the average housing density (people per household) was 2.7, compared with the state average of 2.97. At the end of the period, about 2,664 of housing units in the city were unoccupied, suggesting a vacancy rate of 0 percent.
Regulations & Outlook:
The City has not yet 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 Sunnyvale as many as 16,068 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 Sunnyvale over the coming years. Consider for example, if just one percent of eligible homeowners in Sunnyvale built an ADU each year, it would contribute an additional 803 units to the city's housing stock over the next five years and create hundreds of new local construction jobs.
Local News & Policy:
At this time, statewide standards will superseed any local residential zoning requirements for ADUs that are non-compliant with the state's minimum set of requirements. The current development standards for ADUs in Sunnyvale, or any other CA city, can be found at the city zoning page link and search below. 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 Sunnyvale.
For homeowners and local developers who are interested in getting involved in the ADU movement locally in Sunnyvale, 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 Sunnyvale, one garage, basement, or backyard at a time.
All Units 1-br 21 $1,470 $1,950 $480 $5,760 $120,960 2-br 45 $1,654 $2,550 $896 $10,752 $483,840 3-br 6 $1,838 $3,092 $1,254 $15,048 $90,288
xe2x9cx93 Adoption of the 2007 Solar Energy Plan aimed at educating the public on solar and reducing institutional barriers to promote solar energy. Over 893 photovoltaic permits have been issued for solar panels in residential buildings since 2007. xe2x9cx93 Partnership in Sustainable Silicon Valley and adoption of the Sunnyvale Climate Action
Households, Number of: The count of all year-round housing units occupied by one or more persons. The concept of household is important because the formation of new households generates the demand for housing. Each new household formed creates the need for one additional housing unit or requires that one existing housing unit be shared by two households. Thus, household formation can continue to take place even without an increase in population, thereby increasing the demand for housing.
Median Sales Price $1,800,300.00
Median Rental Price $3,833.00 Based on 840 sqft unit
Total Homes on Market 146
Average Days on Market 36
Average Offers per Sale 4
Total Housing Units 59242
Single-Family Units 27234
Other Type Units 3810
Unit Vacancy Rate 0.045
Annual Units Produced (2017) 934
Go to Sunnyvale ADU Zoning Page
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Sunnyvale, CA Sunnyvale might tinker with its ‘granny unit’ regulations The Mercury News 23/06/2017
Sunnyvale, CA Sunnyvale changing granny unit rules to match state legislation ... www.mercurynews.com 18/12/2016
Sunnyvale, CA Sunnyvale eases some restrictions on building granny units http://www.mercurynews.com/ 27/10/2017
State of CA Accessory Dwelling Units - California Department of Housing and ... www.hcd.ca.gov 01/01/2017
State of CA California politicians say housing is their top priority for the rest of the year KPCC 20/08/2017
Go to Sunnyvale ADU Zoning Page
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