-----------------------Sep 2009---- Previous Month----Year-over Year Median Price $2,425,000 ----$2,425,000 (0.0%)--- $2,390,250 (+1.5%) Average Price $2,814,460 ----$2,470,830 (+13.9%) $2,693,880 (+4.5%) No. of Sales 13 ----------------6 (+116.7%) -------------4 (+225.0%) Pending Properties 16------ 22 (-27.3%)-------------- 10 (+60.0%) Active ----------75 --------------68 (+10.3%) --------------54 (+38.9%) Sale vs. List Price 93.2%--- 95.8% (-2.7%)------ 96.1% (-3.0%) Days on Market---- 59 --------22 (+167.8%) ----------44 (+33.2%)
Days on Market 43 27 (+61.7%) 47 (-7.6%)
The Hillsborough market is known for its, exclusive neighborhoods and moves at a slower pace than other markets. Buyers are very selective. For more details go to my site and click San Mateo Monthly Market Conditions- about the middle of the page then click "Hillsborough".
ZIP Code: 94010 Approximate Location Boundaries: Hillsborough is a town located in San Mateo County, California. It is located seventeen miles outside of San Francisco.
Location Characteristics: As of the 2000 census, the town had a total population of 10,825. Hillsborough has its own public elementary and middle school system. The town is also home to a small number of independent schools. All the schools are top rated. Upper class, large custom homes and exclusive neighborhoods. Many homes have views of the Bay, East Bay and surrounding hills and canyons. Primarily a residential suburb of San Francisco, Hillsborough has many mansions within the town's borders dating from the early 20th Century.
About Andrew La Mont:
20+ years of experience. My main office is in San Francisco but my home office is in Millbrae. I currently do about 50% of my buisness in San Francisco and 50% in northern San Mateo County.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
