Intero's Market Report

Union City, CA 94587

Single-Family Homes


Union City, CA 94587

Fri Jul 26 2024
This week the median list price for Union City, CA 94587 is $1,488,000 with the market action index hovering around 67. This is less than last month's market action index of 74. Inventory has increased to 33. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Union City, CA 94587

Fri Jul 26 2024
This week the median list price for Union City, CA 94587 is $1,488,000 with the market action index hovering around 67. This is less than last month's market action index of 74. Inventory has increased to 33. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Union City market.
Median List Price $1,488,000
Median Price of New Listings $1,393,000
Per Square Foot $940
Average Days on Market 31
Median Days on Market 21
Price Decreased 18%
Price Increased 9%
Relisted 9%
Inventory 33
Median Rent
Market Action 67
Strong Seller's Market

The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.

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
$1,775,000 2,137 4,500 - 6,500 sqft 4 3 32 1 1 17
$1,498,444 1,581 4,500 - 6,500 sqft 4 2 47 3 1 7
$1,349,999 1,443 4,500 - 6,500 sqft 4 2 51 2 2 31
$1,095,000 1,167 4,500 - 6,500 sqft 3 2 62 2 0 56