Hillsborough
Is an affluent residential community in San Mateo County, California, known for its exclusivity, upscale homes, and serene atmosphere. The town is purely residential, with no commercial zoning, and is characterized by large, luxury homes and mansions set amidst rolling hills and lush landscapes. Residents enjoy a tranquil, family-oriented environment with a strong emphasis on privacy and prestige.
Recent Market Trends
As of November 2024, the Hillsborough housing market has experienced significant activity:
Median Sale Price: $7.0 million, marking a 35.9% increase year-over-year.
Median Listing Price: $8.9 million, up 37.2% compared to the previous year.
Median Days on Market: 16 days, indicating a somewhat competitive market.
These figures suggest a robust demand for luxury properties in Hillsborough, with homes selling relatively quickly.
Real Estate
Hillsborough's real estate is predominantly composed of single-family homes, often expansive estates with significant acreage. The average home value is approximately $4.87 million, reflecting a slight decrease of 0.4% over the past year. Zillow The median price per square foot stands at $1,520, up 23.3% year-over-year, indicating a strong appreciation in property values.
Key Features & Attractions
Architectural Landmarks: The town is home to unique structures such as the Flintstone House, a distinctive residence known for its whimsical design.
Parks and Open Spaces: Residents have access to various parks and trails, including the nearby Crystal Springs Regional Trail, offering scenic routes for walking, jogging, and biking.
