Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 7,156 people, 3,825 houses or apartments, and a median cost of homes of $1,078,021, Sausalito house prices are not only among the most expensive in California, Sausalito real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Sausalito, accounting for 46.29% of the city's housing units. Other types of housing that are prevalent in Sausalito include duplexes, homes converted to apartments or other small apartment buildings ( 23.82%), large apartment complexes or high rise apartments ( 18.73%), and a few row houses and other attached homes ( 10.39%).
People in Sausalito primarily live in small (one, two or no bedroom) single-family detached homes. Sausalito has a mixture of owner-occupied and renter-occupied housing.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Sausalito's housing was primarily built during this period, from the '40s through the '60s. A full 40.46% of the city's housing hails from this era. Other housing ages represented in Sausalito include homes built between 1970-1999 ( 32.72%) and housing constructed before 1939 ( 22.29%). There's also some housing in Sausalito built between 2000 and later ( 4.53%).
Vacant housing appears to be an issue in Sausalito. Fully 13.79% of the housing stock is classified as vacant. Left unchecked, vacant Sausalito homes and apartments can be a drag on the real estate market, holding Sausalito real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
In the last 10 years, Sausalito has experienced some of the highest home appreciation rates of any community in the nation. Sausalito real estate appreciated 31.70% over the last ten years, which is an average annual home appreciation rate of 2.79%, putting Sausalito in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Sausalito definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Sausalito that despite a nationwide downturn in the housing market, Sausalito real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sausalito appreciation rates continue to be some of the highest in America, at 12.19%, which is higher than appreciation rates in 97.68% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sausalito. Sausalito appreciation rates in the latest quarter were at 2.03%, which equates to an annual appreciation rate of 8.39%.
Importantly, this makes Sausalito one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to California, our data show that Sausalito's latest annual appreciation rate is higher than 90% of the other cities and towns in California.
|$996,001 - $1,329,000||18.8|
|$665,001 - $996,000||14.6|
|$531,001 - $665,000||4.9|
|$398,001 - $531,000||1.7|
|$266,001 - $398,000||4.5|
|$133,001 - $266,000||3.1|
|$67,001 - $133,000||0.0|
|$0 - $67,000||3.2|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Sausalito HOMES|
|2000 or Newer||4.5|
|1970 - 1999||32.7|
|1940 - 1969||40.5|
|1939 or Older||22.3|
|TYPE OF Sausalito HOMES|
|Small Apt. Buildings||23.8|
|SIZE OF Sausalito HOMES|
|5 or more bedrooms||1.28|