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Market Pulse

Union City market insights

A local market update for All Residential, refreshed monthly with Redfin housing market data.

Monthly market wrap

MONTHLY MARKET WRAPUnion CityAll home types · May 2026The Union City market eased in May: mostkey signals moved the buyer's way.Median sale price$1.34M-3.6% vs AprTime to pending19d5 days slower vs AprSold over asking73%+18 pts vs AprActive listings77+5.5% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGUnion CityAll home types · May 2026Bidding wars are the norm in Union City:73% of homes sold over asking.103.1%average sale price vs. asking priceSold over asking73%vs. a year ago+9 pts105.7%103.5%101.3%Sold at asking price103.1%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPUnion CityAll home types · May 2026The typical Union City home closes +3.1%above its asking price.+$2Kmedian sale price minus asking priceMedian asking price$1.34MMedian sale price$1.34M$1.45M$1.29M$1.14MSoldAskingJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICEUnion CityAll home types · May 2026Union City home values dipped -6.6% froma year ago.$1.34Mmedian sale priceYear over year-6.6%Homes sold last month33$1.34M$1.12M$909K$1.34MJun 2019Dec 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLUnion CityAll home types · May 2026The typical Union City home goes pendingin 19 days, 5 days slower than lastyear.19 daysmedian time to pendingGone within two weeks32%vs. a year ago5 days slower29d19d10d19dJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSUnion CityAll home types · May 2026Union City inventory is up 26.2% yearover year, so sellers have morecompetition.77active listingsYear over year+26.2%Months of supply2.366482977Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Price cuts

PRICE CUTSUnion CityAll home types · May 20261 in 4 Union City listings cut itsasking price last month, up 4 pts from ayear ago.29%of active listings cut their asking pricevs. a year ago+4 ptsActive listings7733%25%17%29%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETUnion CityAll home types · May 2026Only 32% of Union City homes wentpending within two weeks. Most listingsare taking their time.32%of listings went pending within two weeksMedian time to pending19 daysvs. a year ago-15 pts52%39%26%Half of listings32%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYUnion CityAll home types · May 2026January is historically Union City'scalmest month for buyers: 5.0 pts lessover-asking than April.Januaryhistorically the calmest month for buyersBuyer's edge vs April-5.0 ptsYears of Redfin data11+Yearly averageJFMAMJJASOND-2.1 ptsBars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.ioSource: Redfin housing market data

10-year price growth

WAITING HAS A PRICEUnion CityAll home types · May 2026A Union City home bought in 2016 hasgained +73% in value since.+73%median sale price growth since 2016Median price in 2016$775KAverage gain per year+5.6%$1.28M$1.05M$829K$1.34MMay 2016May 2021May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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