Is Union City, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$1,200,000
$745/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Union City was $1,200,000 in March 2024, up 0.3% from last year, and the median price per square foot was $745.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $425K | $425K | 0.0% |
2 Bedrooms | $599.8K | $598K | -0.3% |
3 Bedrooms | $1.1M | $1.1M | 0.0% |
4 Bedrooms | $1.3M | $1.4M | +8.2% |
5+ Bedrooms | $1.8M | $1.6M | -11.8% |
Summary: Union City housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.3%, 3 bedroom homes did not change, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes decreased by 11.8%.
Housing Supply in Union City, CA
How many homes are available in Union City, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
43 | 51 | +18.6% |
Summary: The Union City real estate market had 51 homes for sale in March 2024, a 18.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 9 | +50.0% |
3 Bedrooms | 14 | 18 | +28.6% |
4 Bedrooms | 19 | 22 | +15.8% |
5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Union City housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 16 | -30.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Union City in March 2024, down by 30.4% month-over-month. Of the 15 sold homes, 13% were sold under asking, 0% were sold at asking, and 87% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
34 Days | 9 Days | -73.8% |
Summary: Homes in Union City had an average of 9 days on market in Mar 2024, down by 73.8% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in Union City; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.