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The City provided additional information on residential code enforcement cases in Pleasanton. Since 2016, there were 27 cases regarding substandard conditions at single-family and multi- family residences. Table A-13: Residential Substandard Conditions Code Enforcement Cases by Year Year 2016 Cases 3 2017 5 2018 6 2019 8 2020 4 2021 (Jan -Apr) 1 Sources: City of Pleasanton, Code Enforcement Section A.5 Housing Costs and Affordability A.5.1 Ownership Costs Home prices reflect a complex mix of supply and demand factors, including an area's demographic profile, labor market, prevailing wages and job outlook, coupled with land and construction costs. In the Bay Area, the costs of housing have long been among the highest in the nation. It is more expensive to own a home in Pleasanton than it is in Alameda County and the Bay Area. The typical home value in Pleasanton was estimated at $1,213,900 by December of 2020, per data from Zillow. By comparison, the typical home value was $951,380 in Alameda County and $1,077,230 the Bay Area (see Figure A-40)$. The region's home values have increased steadily since 2000, besides a decrease during the Great Recession. The rise in home prices has been especially steep since 2012, with the median home value in the Bay Area nearly doubling during this time. Since 2001, the typical home value has increased 143.8 percent in Pleasanton from $497,900 to $1,213,900. 8According to the Zillow Home Value Index (ZHVI), in July 2021, typical home values increased to $1,486,151 in Pleasanton and $1,121,267 in Alameda County, a 22.4 and 17.9 percent increase, respectively, since December 2020. Housing Needs Assessment City of Pleasanton I A-47