RE/MAX Accord's Market Report

Union City, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Union City, CA

Sun Oct 06 2024
This week the median list price for Union City, CA is $1,469,000 with the market action index hovering around 63. This is less than last month's market action index of 64. Inventory has decreased to 27. 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.

Strong Seller's Market

Market Narrative

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

Sun Oct 06 2024
This week the median list price for Union City, CA is $1,469,000 with the market action index hovering around 63. This is less than last month's market action index of 64. Inventory has decreased to 27. 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.

Strong Seller's Market

Market Narrative

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 $1,469,000
Median Price of New Listings $1,688,998
Per Square Foot $813
Average Days on Market 49
Median Days on Market 28
Price Decreased 37%
Price Increased 4%
Relisted 19%
Inventory 27
Median Rent
Market Action 63
Strong Seller's Market

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
$2,165,000 3,071 4,500 - 6,500 sqft 5 3.5 21 2 2 24
$1,688,998 1,914 4,500 - 6,500 sqft 4 2.5 40 2 2 28
$1,349,888 1,479 4,500 - 6,500 sqft 4 2 56 1 2 35
$975,000 1,124 4,500 - 6,500 sqft 3 1.5 53 0 1 63