Sunnyside-Tahoe City, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Sunnyside-Tahoe City, CA Real Estate Data


Sunnyside-Tahoe City Housing Market Information

With 1,644 people, 737 houses or apartments, and a median cost of homes of $973,854, Sunnyside-Tahoe City house prices are not only among the most expensive in California, Sunnyside-Tahoe City 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 Sunnyside-Tahoe City, accounting for 83.54% of the town's housing units. Other types of housing that are prevalent in Sunnyside-Tahoe City include duplexes, homes converted to apartments or other small apartment buildings ( 6.60%), large apartment complexes or high rise apartments ( 5.86%), and a few mobile homes or trailers ( 2.22%).

The most prevalent building size and type in Sunnyside-Tahoe City are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 64.86% owning and 35.14% renting.

There is a lot of housing in Sunnyside-Tahoe City built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Sunnyside-Tahoe City built between 1940-1969 ( 35.04%). A lesser amount of the housing stock also hails from before 1939 ( 4.88%). There's also some housing in Sunnyside-Tahoe City built between 2000 and later ( 1.92%).

A decent proportion of the Sunnyside-Tahoe City housing stock is seasonally occupied. That is, homes and condos in Sunnyside-Tahoe City are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Sunnyside-Tahoe City housing market speaks to its popularity as a vacation location of choice.

Sunnyside-Tahoe City Home Appreciation Rates

Real estate appreciation rates in Sunnyside-Tahoe City's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.06% during the period.

Appreciation rates are so strong in Sunnyside-Tahoe City that despite a nationwide downturn in the housing market, Sunnyside-Tahoe City real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sunnyside-Tahoe City appreciation rates continue to be some of the highest in America, at 8.86%, which is higher than appreciation rates in 95.17% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sunnyside-Tahoe City. Sunnyside-Tahoe City appreciation rates in the latest quarter were at 2.58%, which equates to an annual appreciation rate of 10.74%.

Relative to California, our data show that Sunnyside-Tahoe City's latest annual appreciation rate is higher than 90% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$973,854

Rent & Ownership

 

Average Market Rent:
$1,840 / per month

Homeownership Rate

Homeownership
Owners 64.86
Renters 35.14
Vacant 63.68

Housing Market Details

 

Age of Homes

AGE OF Sunnyside-Tahoe City HOMES
2000 or Newer 1.9
1970 - 1999 58.2
1940 - 1969 35.0
1939 or Older 4.9

Types of Homes

TYPE OF Sunnyside-Tahoe City HOMES
Single-Family 83.5
Townhomes 1.8
Small Apt. Buildings 6.6
Apt. Complexes 5.9
Mobile Homes 2.2
Other 0.0

Home Size

SIZE OF Sunnyside-Tahoe City HOMES
No Bedroom 1.63
1 Bedroom 3.50
2 Bedrooms 20.40
3 Bedrooms 42.93
4 Bedrooms 26.32
5 or more bedrooms 5.22

Sunnyside-Tahoe City Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
101.95% 4.22% 8 10
* 10 is highest

Popular Neighborhoods in Sunnyside-Tahoe City

Zip Codes in Sunnyside-Tahoe City, CA