Union City Real Estate Market Update - June 2025

Current Market Overview

Currently, we have 68 homes that are active on the market, with 30 homes in escrow and 25 homes that sold in May. This means about 44% of the listings are going into contract, which tells us buyers are still active, just more selective in their choices.

Market Statistics

• Active Listings: 68 homes currently on the market
• Pending Sales: 30 homes in escrow
• Closed Sales (May 2025): 25 homes sold
• Median Home Price: ~$1.4 million
• Days on Market: 10-11 days on average
• Contract Rate: 44% of listings going into contract

Inventory and Market Dynamics

With two to three months of inventory, it's no longer a frenzy, but the market is definitely alive and active. The homes that are priced right are still moving quickly, with properties selling in about 10 to 11 days on average. The median home price in Union City is holding strong at approximately $1.4 million, representing a solid price point for the area.

Development and Future Growth

Union City is not sitting still when it comes to development and planning for the future. The Station East Master Plan near BART is bringing nearly 1,000 new homes, along with retail space and affordable housing options. This massive development will significantly impact the housing landscape in Union City.

Additionally, the city is working on a comprehensive 2040 General Plan, which focuses on making the city greener and even better connected with all the freeways. This long-term planning initiative will positively affect housing and development in the years to come.

Market Outlook

For buyers, you now have more options and leverage in the market, but be ready - the right homes still move fast. The increased selectivity means you can take your time to find the perfect property, but don't hesitate when you find it.

For sellers, you're in a good spot in the current market conditions. Just make sure you price your property right to attract those selective buyers and achieve a quick sale.

That's your Union City market update for June 2025. Stay tuned for more market updates, and reach out to us for personalized advice tailored to today's market conditions!