Hillsborough Real Estate Market Trends
Market Overview for Quarter 3, 2024
Median Sale Price
-5.3% YoY
Median Price/Sqft
-3.6% YoY
No. of Transactions
13.3% YoY
County Median Sale Price
4.2% YoY
In Q3, the median home sale price in Hillsborough was $5.2M, down -5.3% year-over-year. By contrast, sales were on the rise: 34 sales closed for a 13.3% gain compared to the same period last year. The median price per square foot in Q3 was $1K, a change of -3.6% year-over-year. The San Mateo County median home sale price was $1.6M.
Sales information for last quarter cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top Cities in San Mateo County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | Atherton | $7,325,000 |
| 2 | Hillsborough | $5,174,500 |
| 3 | Menlo Park | $2,800,000 |
| 4 | Burlingame | $2,800,000 |
| 5 | Belmont | $2,170,000 |
| 6 | San Carlos | $1,809,000 |
| 7 | Redwood City | $1,801,000 |
| 8 | Millbrae | $1,780,000 |
| 9 | San Mateo | $1,645,000 |
| 10 | Half Moon Bay | $1,589,000 |
| 11 | Foster City | $1,558,000 |
| 12 | South San Francisco | $1,260,000 |
| 13 | Pacifica | $1,207,500 |
| 14 | San Bruno | $1,150,000 |
| 15 | Daly City | $1,100,000 |
Residential Property Types Sold in Hillsborough
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | - | - | - | - | 0 |
| House | $5.2M | -5.3% | $1K | -3.6% | 34 |
The median sale price for houses in Hillsborough in Q3 was $5.2M, up -5.3% year-over-year. While the median for houses was trending down, Hillsborough condo prices remained stable year-over-year at -.
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