Kapowich Real Estate Silicon Valley Reports

Hillsborough, CA

Single-Family Homes

Pat Kapowich | 408.245.7700 | Pat@SiliconValleyBroker.com | Broker's License #00979413



Hillsborough, CA

Sun Apr 14 2024
This week the median list price for Hillsborough, CA is $8,893,000 with the market action index hovering around 28. This is less than last month's market action index of 36. Inventory has increased to 26. Click here to stay informed with the Hillsborough market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Hillsborough, CA

Sun Apr 14 2024
This week the median list price for Hillsborough, CA is $8,893,000 with the market action index hovering around 28. This is less than last month's market action index of 36. Inventory has increased to 26. Click here to stay informed with the Hillsborough market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Hillsborough market.
Median List Price $8,893,000
Median Price of New Listings $9,200,000
Per Square Foot $1,402
Average Days on Market 203
Median Days on Market 186
Price Decreased 35%
Price Increased 0%
Relisted 12%
Inventory 26
Median Rent
Market Action 28
Slight Buyer's Advantage

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$15,374,500 11,185 1 - 2.5 acres 6 7.8 61 1 0 311
$9,363,000 7,726 0.5 - 1 acre 5 6.3 41 1 0 213
$7,495,000 5,256 0.5 - 1 acre 5 5.5 28 1 0 112
$5,495,000 3,130 1 - 2.5 acres 4 3.5 71 0 0 168