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UNION CITY, CA
Current Real Estate Market Conditions for Single Family Homes Trends in Pricing Current Levels of Supply and Demand Value Metrics
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City Overview
Intero Real Estate Services | EastBay
UNION CITY, CA
This Week
The median list price in UNION CITY, CA this week is $599,950. The 33 properties have been on the market for an average of 27 days.
Median List Price Average List Price
Trend
+ =
Asking Price Per Square Foot Average Days on Market (DoM) Inventory of Properties Listed Most Expensive Listing
Inventory has been lightening lately and the Market Action Index has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market.
Least Expensive Listing Average Age of Listing Percent of Properties with Price Decrease Percent Relisted (reset DOM) Percent Flip (price increased) Median House Size (sq ft) Median Lot Size Median Number of Bedrooms
Trend Key:
No change
== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend
4,501 6,500 sqft 4,501 6,500 sqft 4,501 6,500 sqft 4,501 6,500 sqft
14 38 43 45
8 8 8 9
4 1 3 2
2 2 1 1
8 49 27 24
Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties
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City Overview
UNION CITY, CA
Median Price
The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.
7-day Average
90-day Average
Quartile Prices
Prices in most of the market have stabilized recently. Only Quartile 4 shows any price increases in the last few weeks. Often this condition happens in markets where demand has fallen (for example, due to micro-location variables) but supply is still relatively short. Buyers are focusing on the lowest price homes in the area.
First/Top
Second/Upper
Third/Lower
Fourth/Bottom
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City Overview
UNION CITY, CA
7-day Average
90-day Average
7-day Average
90-day Average
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City Overview
UNION CITY, CA
90-day Average
Buyers/Sellers Cutoff
First/Top
Second/Upper
Third/Lower
Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterized by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyers Advantage zone (below 30) for a long period, prices are likely in for a downward correction.
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City Overview
UNION CITY, CA
Days on Market
The properties have been on the market for an average of 27 days. Half of the listings have come newly on the market in the past 21 or so days.
7-day Average
90-day Average
First/Top
Second/Upper
Third/Lower
Fourth/Bottom
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