RE/MAX Accord's Market Report

Hercules, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Hercules, CA

Sat Jan 23 2021
This week the median list price for Hercules, CA is $879,000 with the market action index hovering around 74. This is less than last month's market action index of 81. Inventory has held steady at or around 4. 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.

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Hercules, CA

Sat Jan 23 2021
This week the median list price for Hercules, CA is $879,000 with the market action index hovering around 74. This is less than last month's market action index of 81. Inventory has held steady at or around 4. 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.

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Hercules market.
Median List Price $879,000
Per Square Foot $316
Days on Market 37
Price Decreased 0%
Price Increased 25%
Relisted 25%
Inventory 4
Median Rent $2,500
Most Expensive $1,260,000
Least Expensive $669,950
Market Action 74
Strong Seller's Market

Prices are climbing and we’re nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$1,260,000 3,876 4,500 - 6,500 sqft 5 6 18 0 0 70
$928,000 3,170 4,500 - 6,500 sqft 5 4 18 0 0 21
$830,000 2,703 4,500 - 6,500 sqft 5 3 16 0 0 56
$669,950 1,216 8,000 - 10,000 sqft 3 2 44 1 1 0