Hillsborough, CA Real Estate | Sternsmith Group

Hillsborough, CA Housing Market Trends

$4.4M

Median Sale Price

$1.27K

Median Sale Price per Sq. Ft.

7

Total Homes Sold

25

Median Days on Market

Homes in Hillsborough are known for being on the higher end of the real estate market, catering to affluent buyers. Current listings show that prices typically range from around $4 million to as high as $68 million, depending on the property size, amenities, and location. For example, a 5-bedroom home may be priced around $4.99 million, while larger estates, such as an 8-bedroom luxury mansion, can be listed at $68 million. This broad price range reflects the premium real estate market in Hillsborough, where expansive lots and high-end architectural features are common.

Hillsborough is well-known for its strict zoning regulations, which are designed to maintain the town’s prestigious and spacious character. These rules require that homes be a minimum of 2,500 square feet in size, ensuring that properties offer ample living space. Additionally, lots must be at least half an acre (21,780 square feet), contributing to the open, luxurious feel of the community. These guidelines help preserve the exclusive, low-density nature of Hillsborough, where privacy and large estates are the norm.

Living in Hillsborough offers a luxurious, tranquil lifestyle with a strong focus on privacy and space. The town is primarily residential, with beautifully landscaped properties and a peaceful, suburban atmosphere. Outdoor enthusiasts will appreciate the proximity to Crystal Springs Park, where they can enjoy hiking trails, scenic views, and other outdoor activities. Although Hillsborough doesn’t have commercial areas, nearby Burlingame and San Mateo provide a variety of shopping, dining, and entertainment options. Additionally, San Francisco is only a short drive away, offering world-class amenities, cultural experiences, and urban conveniences.

The time homes spend on the market in Hillsborough can vary depending on factors such as pricing, property condition, and overall demand in the market. Due to Hillsborough's reputation for luxury real estate and limited availability, well-priced homes often sell relatively quickly. In general, appropriately priced homes tend to move faster because of the town’s desirable location and exclusive properties. While specific data isn’t provided here, it's a good idea to keep an eye on market trends or consult with a local real estate agent for up-to-date statistics on average days on the market.

The relationship between list price and sale price in Hillsborough can depend on market conditions, the desirability of the property, and current demand. In some cases, homes may sell for close to or at the listing price, particularly if they are priced accurately for the market. In a competitive situation, certain homes may even sell for above the asking price, especially if they are highly desirable or attract multiple offers. This ratio can fluctuate over time, so for the most accurate and current data, it’s best to work with a local real estate agent who can provide insights into list-to-sale price trends specific to Hillsborough.

No, you do not need a permit to hold an estate sale or garage sale in Hillsborough. However, it’s essential for residents to ensure that traffic flow is not obstructed and that their event does not disrupt the neighborhood. Being mindful of local regulations and considerate of neighbors is important when planning a sale, especially in a community like Hillsborough, where privacy and neighborhood aesthetics are valued. If you are unsure about specific guidelines or best practices for holding a sale, you may want to contact local authorities or neighborhood associations for further advice.

Hillsborough Guide

Discover what makes Hillsborough such a special place to call home. Explore our in-depth Hillsborough neighborhood guide for everything you need to know about the area’s luxury homes, top amenities, and lifestyle offerings. Dive in now and get a glimpse of the premier real estate opportunities awaiting you in this prestigious community!

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