Search homes for sale in Hillsborough, CA with The Sternsmith Group.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
In February 2025, the median home price in Hillsborough surged to $5.5 million, marking a 39.8% year-over-year increase—one of the sharpest gains in the region’s luxury market. Homes also moved much faster, spending just 13 days on the market on average, down from 27 days last year. This acceleration signals a growing urgency among high-end buyers and a competitive environment for desirable properties. While the number of homes sold was modest—7 this February compared to 6 last year—the steep price appreciation and faster sales pace reflect a high-demand, low-inventory market where well-positioned homes are attracting serious, qualified buyers quickly.
Hillsborough is a highly competitive market, with homes typically selling in just 9.5 days. Many listings attract multiple offers, and it's not uncommon for buyers to waive contingencies to stay competitive. On average, homes sell for about 2% above the list price and go pending in around 10 days. The most sought-after properties—often those with prime locations, updated interiors, or expansive lots—can sell for up to 6% above asking and go under contract in as little as 3 days. In this fast-moving luxury market, buyers need to be prepared to act quickly and strategically.
As of March 2025, Hillsborough, CA is considered a balanced housing market, where buyer demand and available inventory are relatively aligned. This means neither buyers nor sellers have a distinct advantage, leading to more stable pricing and negotiations. While homes in Hillsborough still sell quickly—often with competitive offers—the balance suggests a more measured pace compared to peak seller’s market conditions. For both buyers and sellers, working with a knowledgeable local agent is key to navigating pricing, timing, and property positioning effectively in this refined, high-value market.
For detailed, up-to-date information on buying/selling a house in Hillsborough, CA, including legal considerations and market trends, you can talk to us.
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.
Whether you're looking to find your dream home or considering selling your property, our team is ready to assist you. With deep local knowledge and years of experience in Hillsborough, we’ll provide you with the insights and support needed to make informed decisions. Reach out to us today for a no-obligation consultation and let us help you achieve your real estate goals!
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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