RE/MAX Accord's Market Report

Hercules, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Hercules, CA

Thu Nov 14 2019
This week the median list price for Hercules, CA is $747,000 with the market action index hovering around 38. This is less than last month's market action index of 41. Inventory has held steady at or around 26. Click here to stay informed with the Hercules market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Hercules, CA

Thu Nov 14 2019
This week the median list price for Hercules, CA is $747,000 with the market action index hovering around 38. This is less than last month's market action index of 41. Inventory has held steady at or around 26. Click here to stay informed with the Hercules market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Hercules market.
Median List Price $747,000
Per Square Foot $307
Days on Market 78
Price Decreased 31%
Price Increased 4%
Relisted 27%
Inventory 26
Median Rent $2,988
Most Expensive $3,500,000
Least Expensive $440,000
Market Action 38
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,024,500 3,306 6,500 - 8,000 sqft 5 2 16 1 0 80
$769,572 2,448 0 - 4,500 sqft 4 3 8 0 1 70
$729,000 2,456 0 - 4,500 sqft 4 3 19 1 1 95
$599,000 1,377 6,500 - 8,000 sqft 3 2 34 0 2 64