Is Union City, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Union City has remained a Seller's Market.
Housing Prices in Union City, CA
How much do homes in Union City, CA cost?
Median Sold Price
$1,250,000
$771/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Union City was $1,250,000 in June 2024, up 7.6% from last year, and the median price per square foot was $771.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $405K | $419K | +3.5% |
2 Bedrooms | $560K | $575K | +2.7% |
3 Bedrooms | $1.1M | $1.1M | +6.0% |
4 Bedrooms | $1.3M | $1.5M | +11.9% |
5+ Bedrooms | $1.6M | $1.6M | -1.0% |
Summary: Union City housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.5%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes decreased by 1%.
Housing Supply in Union City, CA
How many homes are available in Union City, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
77 | 88 | +14.3% |
Summary: The Union City real estate market had 88 homes for sale in June 2024, a 14.3% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 15 | 19 | +26.7% |
3 Bedrooms | 36 | 30 | -16.7% |
4 Bedrooms | 21 | 35 | +66.7% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Union City housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 26.7%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
30 | 22 | -26.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Union City in June 2024, down by 26.7% month-over-month. Of the 21 sold homes, 24% were sold under asking, 5% were sold at asking, and 71% were sold over asking.
Days on Market for Union City, CA
How long does it take to sell a home in Union City, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
9 Days | 10 Days | +12.4% |
Summary: Homes in Union City had an average of 10 days on market in Jun 2024, up by 12.4% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 22 homes were sold in Union City; 95% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.