RE/MAX Accord's Market Report

Hercules, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Hercules, CA

Thu Feb 21 2019
This week the median list price for Hercules, CA is $679,000 with the market action index hovering around 44. This is less than last month's market action index of 46. Inventory has held steady at or around 17. Click here to stay informed with the Hercules market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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 Feb 21 2019
This week the median list price for Hercules, CA is $679,000 with the market action index hovering around 44. This is less than last month's market action index of 46. Inventory has held steady at or around 17. Click here to stay informed with the Hercules market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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 $679,000
Per Square Foot $335
Days on Market 101
Price Decreased 24%
Price Increased 18%
Relisted 29%
Inventory 17
Median House Rent $2,800
Most Expensive $859,900
Least Expensive $420,000
Market Action Index
Slight Seller's Advantage
44

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
$808,475 2,815 4,500 - 6,500 sqft 4 3 21 1 0 98
$720,806 2,112 0 - 4,500 sqft 4 3 8 1 0 108
$655,250 2,186 6,500 - 8,000 sqft 4 3 39 0 1 150
$510,000 1,064 4,500 - 6,500 sqft 3 2 34 1 0 60