RE/MAX Accord's Market Report

Union City, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Union City, CA

Fri Sep 20 2019
This week the median list price for Union City, CA is $910,000 with the market action index hovering around 43. This is an increase over last month's market action index of 42. Inventory has held steady at or around 73. Click here to stay informed with the Union City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Union City, CA

Fri Sep 20 2019
This week the median list price for Union City, CA is $910,000 with the market action index hovering around 43. This is an increase over last month's market action index of 42. Inventory has held steady at or around 73. Click here to stay informed with the Union City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Union City market.
Median List Price $910,000
Per Square Foot $521
Days on Market 47
Price Decreased 41%
Price Increased 4%
Relisted 25%
Inventory 73
Median House Rent $3,275
Most Expensive $1,475,000
Least Expensive $485,579
Market Action Index
Slight Seller's Advantage
43

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
$1,149,344 2,260 4,500 - 6,500 sqft 5 3 23 4 6 38
$954,944 1,744 4,500 - 6,500 sqft 4 2 47 6 1 28
$872,000 1,861 4,500 - 6,500 sqft 4 2 49 1 4 65
$774,999 1,360 4,500 - 6,500 sqft 3 2 45 6 3 57