Union City February Housing Market Update
Welcome to the latest update on the Union City real estate market for February! Union City continues to be an attractive destination for families and professionals, thanks to its strategic location near Silicon Valley and excellent transportation links. The city's diverse community and ongoing development further enhance its appeal.
Key Market Statistics
- Active Listings: There are currently 41 homes on the market.
- Pending Sales: Around 18 properties are under contract.
- Homes Sold in January: About 24 homes were sold last month.
- Median Sale Price: The median sale price is approximately $1.4 million.
The housing market remains robust, with home prices staying steady due to high demand. Sellers are currently benefiting from low inventory and strong buyer interest, making it an excellent time to sell your home. Proper preparation can give sellers an advantage before the spring market heats up.
Buyer Competition
Buyer competition is still fierce, with well-priced homes moving quickly—often before they even hit the market. Having a pre-approval in hand is crucial for buyers looking to secure their dream home in this competitive environment.
Expert Guidance
If you're considering buying or selling in Union City, the Eddie Oberoi and Amrit Singh team is here to provide expert guidance and personalized strategies to help you achieve your real estate goals. Don't hesitate to reach out for assistance!
Stay tuned for more updates next month!
