RE/MAX Accord's Market Report

Union City, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Union City, CA

Fri Apr 19 2019
This week the median list price for Union City, CA is $888,888 with the market action index hovering around 68. This is an increase over last month's market action index of 65. Inventory has held steady at or around 37. Click here to stay informed with the Union City market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Union City, CA

Fri Apr 19 2019
This week the median list price for Union City, CA is $888,888 with the market action index hovering around 68. This is an increase over last month's market action index of 65. Inventory has held steady at or around 37. Click here to stay informed with the Union City market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Union City market.
Median List Price $888,888
Per Square Foot $558
Days on Market 40
Price Decreased 24%
Price Increased 0%
Relisted 19%
Inventory 37
Median House Rent $3,298
Most Expensive $1,425,000
Least Expensive $128,900
Market Action Index
Strong Seller's Market
68

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,178,000 2,400 4,500 - 6,500 sqft 5 3 24 3 1 37
$900,000 1,480 4,500 - 6,500 sqft 4 2 47 3 1 28
$849,999 1,396 4,500 - 6,500 sqft 3 2 48 4 5 55
$692,944 1,155 4,500 - 6,500 sqft 3 2 42 2 2 41