Hillsborough California » The Wilkas Group

Hillsborough CA 2011 Market Report

Hillsborough is always considered one of the most expensive communities in California and 2011 was no different than other times or any other years. Hillsborough’s 2011 Market Report shows that there were 134 sales of homes in 2011. Hillsborough only has single family homes. There are no condos. No townhouses. Only large stately homes on…Read More »

Market Report – Hillsborough CA – 10.03.11

We’re entering the end of 2011 as Fourth Quarter started over the weekend. What does this mean for real estate? We begin to see prices soften for those who must sell. We see homes come off the market as we approach Thanksgiving and the holidays as most people do not want to be bothered showing their home during intense family time.

Hillsborough CA Market Report – May 2011

Here is Hillsborough’s market report for May 2011. Comparing the chart above with the first 4 months of the year we see one thing clearly and that is the number of homes for sale has climbed. We are officially in the summer sales season so this really isn’t unusual since most people buy and sell during this time of year. We homes for sale are priced higher and higher and one wonders why when we hear the news tell us the the average price for homes for sale has dropped dramatically in the US and of course that always add, in California, too. Need I remind you that all real estate is local. Buying and selling real estate is the best example of how economics works. Supply and demand will determine price and if you want to live in Hillsborough and send your children to those amazing schools you will pay.

April 2011 Market Report: Hillsborough CA

Being the Crown Jewel of San Mateo County comes with benefits and negatives. The benefit is that it’s a beautiful and secluded community close to everything. The negatives are that the most expensive homes always take the most time to sell. The pool of buyers is smaller and not everyone is running around with 3 or 4 millions bucks in their bank account waiting for the perfect home to show up in the market place.

How’s the Market in Hillsborough CA 03.08.2011?

Hillsborough California is one of the most expensive and exclusive communities in the US. Prices have held pretty well while inventory, the number of homes on the market, is low. This community has not seen many foreclosures, so if you’re waiting for the bargain of a lifetime, you missed the window of opportunity.

How’s the Market in Hillsborough CA 02.14.11?

How’s the market? Same question, different city but the answer is always the same, because it always depends on why you’re asking the question. If you own, is it because you want to sell, or need information for applying for a property tax adjustment? If you are considering selling and are curious if this is the right time to sell, yes it is because you may feel you’re selling low but you’ll be buying low, too. Are you an investor? Your reasons are always different. The market is seeing a recovery

Market Comparisons 2010 v 2009: Burlingame, Hillsborough, San Mateo and Foster City CA

It’s a Buyer’s Market and there are a lot of great properties for sale. In fact, as the year winds to an end, each one of these houses is truly on sale. People listing homes this time of the year want to sell and are willing to negotiate. Negotiation is the key word today. What the asking price is, isn’t generally what the selling price is.

About Hillsborough California

The town of Hillsborough, formed in 1910, and named by William Davis Merry Howard because he originally came from Hillsboro New Hampshire. The town sits on land that was part of Rancho San Mateo, Howard’s vast property purchased from the Mexican Governor, Pio Pico in 1846.

Where’s the Market Trending? – Hillsborough, CA – 02.22.10

The Wilkas Group is well versed in this market and it would be our pleasure to assist you with your real estate needs be it buying or selling. If you are experiencing financial hardship and need to sell short, we are specialists in this type of transaction.

Year-end Look at Hillsborough CA Market

We saw about 10% of the listings sell and it takes a long while for the listing to sell. The listings are seeing price reductions in most, but not all cases. The difference between the Median list price and the Median sold price is 23% so someone hasn’t figured it out yet and that’s the seller. Be patient and you’ll get your deal but be sure your house has been sold before even making an offer in today’s market.