Intero's Market Report

Union City, CA

Single-Family Homes



Union City, CA

Mon Jul 04 2022
This week the median list price for Union City, CA is $1,369,000 with the market action index hovering around 60. This is less than last month's market action index of 66. Inventory has increased to 57. 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 over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Union City, CA

Mon Jul 04 2022
This week the median list price for Union City, CA is $1,369,000 with the market action index hovering around 60. This is less than last month's market action index of 66. Inventory has increased to 57. 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 over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Union City market.
Median List Price $1,369,000
Median Price of New Listings $1,274,999
Per Square Foot $830
Average Days on Market 29
Median Days on Market 21
Price Decreased 35%
Price Increased 4%
Relisted 14%
Inventory 57
Median Rent
Market Action 60
Strong Seller's Market

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
$1,748,500 2,356 4,500 - 6,500 sqft 5 3 28 1 2 31
$1,474,444 1,775 4,500 - 6,500 sqft 3 2.8 48 0 1 14
$1,297,000 1,445 4,500 - 6,500 sqft 3 2 51 3 0 17
$1,099,000 1,393 4,500 - 6,500 sqft 3 2 62 2 0 28