Mike Bohnert | The Bohnert Group

Hillsborough, CA

Single-Family Homes

DRE #01325031



Hillsborough, CA

Sun Dec 03 2023
This week the median list price for Hillsborough, CA is $8,094,000 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has decreased to 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

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 and prices have recently resumed upward pressure.

Hillsborough, CA

Sun Dec 03 2023
This week the median list price for Hillsborough, CA is $8,094,000 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has decreased to 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

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 and prices have recently resumed upward pressure.

Real-Time Market Profile

Never miss important changes in the Hillsborough market.
Median List Price $8,094,000
Median Price of New Listings $0
Per Square Foot $1,389
Average Days on Market 165
Median Days on Market 151
Price Decreased 39%
Price Increased 0%
Relisted 7%
Inventory 28
Median Rent
Market Action 31
Slight Seller's Advantage

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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
$28,000,000 11,875 1 - 2.5 acres 6 8.5 84 0 0 154
$9,800,000 7,065 1 - 2.5 acres 6 6.5 37 0 0 77
$6,250,000 4,340 0.5 - 1 acre 5 4.5 75 0 0 161
$4,199,999 3,600 0.5 - 1 acre 5 3.5 51 0 1 133