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

Mon Oct 07 2024
This week the median list price for Hillsborough, CA is $10,044,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 28. 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 Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Hillsborough, CA

Mon Oct 07 2024
This week the median list price for Hillsborough, CA is $10,044,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 28. 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 Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Hillsborough market.
Median List Price $10,044,000
Median Price of New Listings $6,365,000
Per Square Foot $1,450
Average Days on Market 184
Median Days on Market 95
Price Decreased 21%
Price Increased 0%
Relisted 7%
Inventory 28
Median Rent
Market Action 32
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$14,999,000 11,673 1 - 2.5 acres 7 8.5 95 0 0 462
$10,999,000 6,627 0.5 - 1 acre 5 5 44 0 1 77
$7,250,000 4,990 0.5 - 1 acre 5 5 74 1 1 140
$5,000,000 4,240 0.5 - 1 acre 4 4 65 1 1 21