Hillsborough Home Prices
· Single-family homes · MLS sold data
Hillsborough's average sold price for single-family homes was $10,379,867 over the last three months, up 45.0% compared with three months ago and up 43.5% over six months. Homes sold 2.1% under asking on average, at $1,726 per square foot, across 31 sales. That's the 2nd highest average price of the 29 Bay Area cities on the map. Homes that sold here averaged 4,899 sq ft on lots averaging 34,185 sq ft over the last six months. With 31 sales in three months, a few large or luxury homes can move the average a lot, so the 3 and 6 month changes are a steadier read.
Avg sold price · 3 mo
$10,379,867
2nd highest of 29 cities
Price change · 3 mo
+45.0%
1 mo +4.5% · 6 mo +43.5%
Over asking · 3 mo
−2.1%
29-city average +6.2%
$ / sq ft · 3 mo
$1,726
29-city average $1,064
Homes sold · 3 mo
31
single-family sales
Avg home size · 6 mo
4,899 sf
on 34,185 sf lots
3-month price changeBeyond -5%-3 to -5%-1 to -3%Within 1%+1 to +3%+3 to +5%Beyond +5%Not in the table
Hillsborough vs. Nearby Cities
| City | Avg sold price | 3-mo | $ / sq ft | Over asking |
|---|---|---|---|---|
| Hillsborough | $10,379,867 | +45.0% | $1,726 | −2.1% |
| San Mateo | $2,483,092 | +2.7% | $1,350 | +8.8% |
| South San Francisco | $1,389,758 | +1.2% | $934 | +11.7% |
| Foster City | $2,220,579 | −5.5% | $1,118 | +3.4% |
| Pacifica | $1,650,790 | +10.5% | $972 | +3.0% |
Questions About Hillsborough Home Prices
What is the average home price in Hillsborough?
$10,379,867 for a single-family home, or $1,726 per square foot, averaged over 31 sales in the last three months. That ranks 2nd of the 29 cities on the map, one of the priciest. Over the last six months, the average home that sold had 4,899 sq ft of living space.
Are prices going up or down?
Up lately. The average sold price rose 4.5% from last month and is 45.0% above where it was three months ago. Over six months it's up 43.5%, so this isn't just a one-month blip. With only 31 sales in three months, one big sale can swing these numbers a lot.
Are homes selling over asking?
Not on average. Homes sold 2.1% under asking, while the 29-city average is 6.2% over, so buyers have room to negotiate here.
Where does this data come from?
These numbers come from MLS sold data for detached single-family homes, so condos and townhomes aren't included. Josh Uy, a Bay Area Realtor with Everhome Real Estate (DRE 01952401), compiles them every month for his Bay Area Market Snapshot.
Thinking of Selling?
Reach out for a free consultation & pricing estimate today!
Home Prices in Other Bay Area Cities
SF & Peninsula
AthertonFoster CityLos AltosLos Altos HillsPacificaPalo AltoSan FranciscoSan MateoSouth San Francisco
East & South Bay
CampbellCupertinoDublinFremontHaywardLivermoreLos GatosMilpitasMorgan HillMountain ViewNewarkOaklandPleasantonSan JoseSan RamonSanta ClaraSaratogaSunnyvaleUnion City
Avg sold price, % over asking, $/sq ft and homes sold cover the last 3 months. Avg home and lot size cover the last 6 months. Price changes compare the 3-month avg sold price with the same figure 1, 3 and 6 months earlier. Single-family homes only.
Source: MLS sold data via Josh's Bay Area Market Snapshot. Updated monthly by Josh Uy. See Bay Area home prices by city on the heat map