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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
Presented by Intero Real Estate Services-Fremont Intero Real Estate Services www.InteroFremont.com 510.651.6500
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City Overview
Intero Real Estate Services | 510.651.6500 | www.InteroFremont.com
UNION CITY, CA
This Week
The median list price in UNION CITY, CA this week is $599,450. The 40 properties have been on the market for an average of 29 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
The Market Action Index has been climbing lately while days-on-market are trending down, these point to a positive near-term outlook 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
28 39 38 38
10 10 10 10
3 2 2 1
21 17 21 26
42 27 20 26
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
Prices continue their climb again this week. We're a long way from the market's price high-point so watch the Market Action Index as an indicator of how long this trend will last.
7-day Average
90-day Average
Quartile Prices
Price weakness is evident across the board. All four quartiles have been in price decline in recent weeks. Look to the Market Action Index as a leading indicator of the bottom of the market.
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 29 days. Half of the listings have come newly on the market in the past 18 or so days.
7-day Average
90-day Average
First/Top
Second/Upper
Third/Lower
Fourth/Bottom
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