Union City: February Housing Market Update | By Eddie Oberoi and Amrit Singh

Market Statistics

• Active Listings: 27
• Homes Pending: 21
• Homes Sold in January 2026: 18
• Homes Sold in January 2025: 23 (slight year-over-year dip driven by tight inventory)

Activity Didn't Disappear — It Shifted

Inventory Is the Story, Not Demand

January sales came in slightly lower than last year — 18 compared to 23 — but that drop is mostly due to tight inventory, not a lack of demand. When fewer homes are available, fewer homes can close. The pending number tells the real story: with 21 homes already in contract, buyer demand in Union City is very much alive. And with more listings expected to trickle in over the coming months, February through April could shape the tone of the entire year.

What's Driving the Union City Market?

Key Market Insights

• Pendings Show Real Demand: With 21 homes pending against just 27 active listings, the ratio tells you buyers are acting quickly when the right home comes along.
• Inventory Is the Bottleneck: The slight dip in sales year-over-year is an inventory issue, not a demand issue. There's a lack of inventory everywhere right now.
• Affordability Advantage: Union City's location continues to be a major driver. Buyers looking for affordability compared to Fremont or Milpitas are giving Union City a serious look — especially commuters who want strong access to major job hubs.
• Presentation Makes the Difference: Homes that are priced right and show well are still getting multiple offers. Marketing and presentation are making a bigger difference than ever.
• Spring Will Set the Tone: More inventory is expected to come online soon. The next couple of months — February, March, April — are going to tell a big story about how the market trends for the rest of the year.

Strategic Advice for Buyers and Sellers

For Buyers:

• Union City Is Your Affordability Play: If you've been priced out of Fremont or Milpitas, Union City offers strong value with excellent access to major job hubs. It deserves a serious look.
• Move Fast in a Tight Market: With only 27 active listings and 21 already pending, well-priced homes are not sitting around. Be ready with financing and a clear decision-making process.
• Watch for New Inventory: More listings are expected to come online in the next few months. Stay engaged and be ready to act when new opportunities appear.
• Don't Let Lower Sales Fool You: January's slight sales dip was about supply, not demand. The competition is real, so approach the market with a strong strategy.

For Sellers:

• Demand Is There — Meet It With Quality: Buyers are actively looking in Union City. Homes that are priced right and presented well are still attracting multiple offers.
• Presentation Is Non-Negotiable: Marketing and staging are making a bigger difference than ever. Invest in presenting your home at its best to stand out in a competitive field.
• Spring Timing Could Work in Your Favor: With more inventory expected to hit the market soon, listing strategically now — before competition increases — could give you an edge.
• Price Strategically From Day One: The homes getting multiple offers are the ones that came to market priced correctly. Overpricing in a tight-inventory market can still backfire.

Final Thoughts

Union City's January numbers tell a clear story: demand hasn't gone anywhere — inventory is just tight. With 21 homes pending against only 27 active listings, buyers are engaged and moving quickly when the right opportunity appears. The slight dip in closed sales compared to last year is a supply story, not a demand story.

The next few months are going to be critical. As more listings come online and spring market energy builds, February through April will shape the tone for the rest of 2026. Union City's affordability advantage, strong commuter access, and growing buyer interest make it a market worth watching closely.

If you have any questions or you're thinking about making a move, reach out to us at eddieoberoi.com. We'll see you soon, Union City!