RE/MAX Accord's Market Report

Hercules, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Hercules, CA

Wed Oct 21 2020
This week the median list price for Hercules, CA is $759,975 with the market action index hovering around 78. This is about the same as last month's market action index of 78. Inventory has held steady at or around 16. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Hercules, CA

Wed Oct 21 2020
This week the median list price for Hercules, CA is $759,975 with the market action index hovering around 78. This is about the same as last month's market action index of 78. Inventory has held steady at or around 16. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Hercules market.
Median List Price $759,975
Per Square Foot $353
Days on Market 33
Price Decreased 0%
Price Increased 6%
Relisted 6%
Inventory 16
Median Rent $2,500
Most Expensive $1,165,000
Least Expensive $625,000
Market Action 78
Strong Seller's Market

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
$964,000 3,039 4,500 - 6,500 sqft 5 4 17 1 1 70
$791,500 2,294 0 - 4,500 sqft 4 3 24 4 2 0
$732,499 1,933 6,500 - 8,000 sqft 3 3 26 2 1 12
$649,500 1,542 6,500 - 8,000 sqft 3 2 35 0 1 50