The Carolands, Remillard & Chateau Acres areas of Hillsborough sit up in the high hills just below 280. Some homes have magnificent views of the bay from that perspective, others have canyon views and then again, most just have neighborhood views, which are very nice. All of the homes in this area feed to West School and this part of Hillsborough has the most traditional neighborhood feel.
Here’s what’s going on with this market right now.
Prices have held in this part of Hillsborough and we’ve only seen 1 withdrawn listing during the past 6 weeks. Now that Wells Fargo and the Bank of America are lending on jumbo-jumbo loans up to $3 million, we expect to see more sales and more listings in Hillsborough.