RE/MAX Accord's Market Report

Hercules, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Hercules, CA

Fri Sep 20 2019
This week the median list price for Hercules, CA is $749,165 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has held steady at or around 31. 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

Fri Sep 20 2019
This week the median list price for Hercules, CA is $749,165 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has held steady at or around 31. 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 $749,165
Per Square Foot $308
Days on Market 52
Price Decreased 35%
Price Increased 13%
Relisted 29%
Inventory 31
Median House Rent $3,000
Most Expensive $1,730,000
Least Expensive $474,950
Market Action Index
Strong Seller's Market
46

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
$949,000 3,373 4,500 - 6,500 sqft 5 4 15 1 2 63
$780,000 2,420 4,500 - 6,500 sqft 4 3 22 0 1 61
$730,722 2,376 0 - 4,500 sqft 4 3 15 2 1 57
$633,999 1,715 6,500 - 8,000 sqft 3 2 40 1 1 30