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 large lots.
The least expensive home sold for $1,195,000. There was only one at that price, probably a bank owned in need of work, and who ever bought it got a steal of a price. The land value is probably more than that.
- 12 homes sold between $1,700,000 and $1,800,000.
- 9 homes sold between $1,600,000 and $1,700,000.
- 8 homes sold between $1,400,000 and $1,500,000.
- 14 sold between $1,800,000 and $2,000,000.
- 87 sales were above $2,000,000.
The average list price for 2011 Hillsborough California homes was $2,775,773 and the average sales price was $2,627,551. 91% of the listings sold at the original price. 93% sold at a reduced price and the average time on the market from listing to close of escrow was 73 days.
Does this tell you that our market is in distress? It sure doesn’t say that to me. Homes are selling under 90 days. Many places around the US would kill for statistics like this. If you want to live in Hillsborough California and enjoy the benefits of this community, you pay for it. Top schools. Top weather. Top location. Privacy. Close to everything. Can we show you some of these homes? Call us now and begin enjoying the Good Life in 2012!
Here’s what’s on the market in Hillsborough today.
Showing properties
1 - 15 of 47.
See more city of Hillsborough real estate.
(all data current as of
2/22/2012)
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$2,798,000 : 534 El Cerrito Av, Hillsborough4 beds, 3 full, 2 part baths
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$3,495,000 : 10 Victor Park Ln, Hillsborough6 beds, 4 full, 1 part baths
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$2,350,000 : 463 Remillard Dr, Hillsborough3 beds, 3 full baths
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$2,990,000 : 1220 Black Mountain Rd, Hillsborough5 beds, 4 full, 1 part baths
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$3,750,000 : 410 W Santa Inez Av, Hillsborough7 beds, 5 full, 1 part baths
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$3,595,000 : 541 Ravenscourt Rd, Hillsborough5 beds, 4 full, 1 part baths
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$4,585,000 : 20 Rockridge Rd, Hillsborough5 beds, 4 full baths
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$2,995,000 : 555 El Cerrito Av, Hillsborough4 beds, 4 full baths
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$4,000,000 : 2990 Privet Dr, Hillsborough4 beds, 3 full, 1 part baths
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$4,195,000 : 2980 Privet Dr, Hillsborough5 beds, 4 full baths
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$1,899,000 : 25 Warmwood Wy, Hillsborough3 beds, 3 full baths
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$2,380,000 : 1125 Bromfield Rd, Hillsborough3 beds, 2 full baths
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$5,495,000 : 145 Fallen Leaf Dr, Hillsborough5 beds, 5 full, 1 part baths
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$15,750,000 : 925 Seabury Rd, Hillsborough6 beds, 9 full, 2 part baths
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$5,580,000 : 820 Chiltern Rd, Hillsborough7 beds, 6 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Equal Housing Opportunity. Equal Opportunity Employer. · 
January 18, 2012 at 5:56 pm, Omni Chaparala said:
Good details. Shows and makes the point that real estate is local and local real estate companies know best.