Hercules sky-high home values

An article by Annette Haddad appeared in the Business Section of the Los Angeles Times on Sept. 25, 2004. The same news was picked up and reported by Tom Lochner in the West Contra Costa Times on Oct. 1.

The article talks about the "10 hottest housing markets in California" - those with the largest year-to-year increase in August median home prices. A chart entitled "through the roof" listed 10 California cities, and there was HERCULES, RIGHT AT THE TOP OF THE LIST! Hercules is the only northern California city represented on the list. ALL of the other cities were in southern California. The chart follows.

Through the Roof!
City

August 2004 Median Price
(in thousands)

Percent change
August 2003 - August 2004

Hercules

$511.0
59.7
Colton
$237.5
58.3
Adelanto
$195.0
57.9
Duarte
$395.0
56.7
Inglewood
$349.0
55.1
Barstow
$105.0
52.4
Huntington Park
$298.5
50.8
San Gabriel
$513.8
49.8
Yucaipa
$318.5
49.5
Compton
$246.5
49.4

CLICK HERE to read the entire report.

 

 

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