RE/MAX Accord's Market Report

Union City, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Union City, CA

Thu Feb 21 2019
This week the median list price for Union City, CA is $869,900 with the market action index hovering around 50. This is an increase over last month's market action index of 48. Inventory has held steady at or around 39. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Union City, CA

Thu Feb 21 2019
This week the median list price for Union City, CA is $869,900 with the market action index hovering around 50. This is an increase over last month's market action index of 48. Inventory has held steady at or around 39. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Union City market.
Median List Price $869,900
Per Square Foot $525
Days on Market 61
Price Decreased 38%
Price Increased 5%
Relisted 21%
Inventory 39
Median House Rent $3,245
Most Expensive $1,388,000
Least Expensive $129,900
Market Action Index
Strong Seller's Market
50

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,200,000 2,400 4,500 - 6,500 sqft 4 3 22 4 2 42
$949,475 1,706 4,500 - 6,500 sqft 4 2 48 4 2 74
$831,900 1,570 4,500 - 6,500 sqft 3 2 49 1 0 62
$662,000 1,119 4,500 - 6,500 sqft 3 2 58 2 3 66