Intero's Market Report

Hercules, CA

Single-Family Homes



Hercules, CA

Mon Jun 17 2024
This week the median list price for Hercules, CA is $874,200 with the market action index hovering around 54. This is an increase over last month's market action index of 48. Inventory has decreased to 12. 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 recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Hercules, CA

Mon Jun 17 2024
This week the median list price for Hercules, CA is $874,200 with the market action index hovering around 54. This is an increase over last month's market action index of 48. Inventory has decreased to 12. 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 recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Real-Time Market Profile

Never miss important changes in the Hercules market.
Median List Price $874,200
Median Price of New Listings $839,999
Per Square Foot $440
Average Days on Market 45
Median Days on Market 28
Price Decreased 17%
Price Increased 8%
Relisted 17%
Inventory 12
Median Rent
Market Action 54
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,299,000 3,701 4,500 - 6,500 sqft 5 4 20 1 0 7
$925,000 2,108 0 - 4,500 sqft 4 3 20 1 1 28
$799,999 1,792 4,500 - 6,500 sqft 3 3 31 1 0 35
$799,000 1,581 4,500 - 6,500 sqft 3 3 21 1 3 98