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 62.
See more city of Hillsborough real estate.
(all data current as of
5/24/2012)
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$2,680,000 : 500 Pepper Av, Hillsborough3 beds, 2 full, 1 part baths
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$4,449,999 : 25 Miranda Ct, Hillsborough4 beds, 5 full baths
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$1,776,000 : 175 Ridgeway Rd, Hillsborough5 beds, 3 full, 1 part baths
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$3,750,000 : 100 Chateau Dr, Hillsborough5 beds, 5 full, 2 part baths
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$1,850,000 : 1035 Tournament Dr, Hillsborough5 beds, 5 full, 2 part baths
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$3,095,000 : 1340 Avondale Rd, Hillsborough5 beds, 4 full baths
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$2,399,000 : 645 Hillsborough Bl, Hillsborough3 beds, 2 full, 1 part baths
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$4,399,000 : 1160 Barroilhet Dr, Hillsborough4 beds, 4 full, 2 part baths
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$2,295,000 : 537 Craig Rd, Hillsborough4 beds, 4 full baths
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$1,675,000 : 6215 Skyline Bl, Hillsborough4 beds, 2 full, 1 part baths
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$2,595,000 : 540 Chelmsford Rd, Hillsborough4 beds, 4 full, 1 part baths
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$3,898,800 : 50 Verbalee Ln, Hillsborough6 beds, 6 full, 2 part baths
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$1,800,000 : 2480 Summit Dr, Hillsborough3 beds, 3 full, 1 part baths
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$3,795,000 : 2200 Redington Rd, Hillsborough5 beds, 5 full, 3 part baths
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$1,889,000 : 2440 Skyfarm Dr, Hillsborough4 beds, 3 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.