Modest Sales Pickup in Last Two Months After a very quiet start to the year in Hillsborough, sales activity has picked up in the last two months. In April 2012 there were 14 homes sold. In the first four months of 2012, there have been 35 homes sold, down from 40 in the same period in 2011……
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I thought I’d share some interesting data we ran for each of the towns I cover on the north peninsula. The data includes the median home price, number of sales, the lowest and highest closed sales, and the percentage of list price received, for real estate in Burlingame, Hillsborough, San Mateo, San Carlos, Belmont, Foster…..
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20 Persimmon Court in Hillsborough is listed for $2,050,000.  This 3 bedroom, 2 and a half bathroom home is 3,520 square feet.  Located in the Skyfarm neighborhood, this house sits on a 24,883 square foot lot. This home is spacious, but in need to updating.  You can make this home your own.  Listed by Young Kim,…..
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Not a Lot of Recent Activity As expected with a small area like the Tobin Clark Estate neighborhood of Hillsborough there has not been a lot of recent sales activity (to view the Tobin Clark Estate area on a Hillsborough map, click here). In the first three months of 2012 there have been two homes sold. In the past 12 months combined,…..
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Sales Even with 2011 Sales have been steady in the Upper Hillsborough region of Hillsborough. There have been 13 single family homes sold through March 2012, as compared to 10 at the same point last year. March alone was a big month with nine homes selling, the most of any month since nine homes were also…..
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Sales Down in 2012 (Compared to Busy 2011) After a strong 2011, sales are down sharply in the Lower Hillsborough region of Hillsborough. In 2011, there were 79 homes sold in the area, up from 59 in 2010.  Through the first three months of 2012, there have been only six homes sold, versus 19 sales in…..
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Modest First Quarter Even with a healthy 13 sales in March, it has been a quiet start to the year in Hillsborough. In the first quarter of 2012, there have been 21 homes sold, down from 31 in the same period in 2011. Some of the slow-down in sales activity might be related to the constrained level…..
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Inventory Plummets The inventory of for-sale homes has a normal seasonal pattern, reaching a peak in the summer and a trough at the end of the year. In each of the nine years from 2004 to 2011, inventory rose in the first quarter of the year (see columns in black). 2012 has been quite different……
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Sales Activity Continues to Climb Since reaching a nadir in 2008, the number of homes sold in San Mateo County increased in each of the next three years. Through the first two months of 2012, sales are again ahead of the prior year pace. There have been 519 homes sold so far this year, versus…..
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Fewer Home Sales to Start the Year After a torrid early and mid-2011, sales activity has slowed in Hillsborough. Through the first two months of 2012, there have been only seven closed homes sales in Hillsborough. Last year, 20 homes sold in the first two months and in 2010 there were 13 homes sales. An…..
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An Overview of the 2011 Hillsborough Real Estate Market Although activity tailed off at the end of the year, there were still 137 single family homes sold in Hillsborough in 2011. This was the most sales in any year since 2005, and represents the third consecutive year of rising sales. Impressively, sales were up at…..
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An Overview of the 2011 Hillsborough Real Estate Market Although activity tailed off at the end of the year, there were still 137 single family homes sold in Hillsborough in 2011. This was the most sales in any year since 2005, and represents the third consecutive year of rising sales. Impressively, sales were up at…..
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There were mixed signals in the San Mateo County real estate market in 2011, but overall, there was evidence of further recovery from the depths of 2008 and 2009. One of the strongest signs was the number of transactions. There were 4,633 homes sold in 2011, up 5% from 2010 and 13% from 2009. It…..
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As a relatively small market (100-150 sales per year), trends are relatively stable month-to-month in Hillsborough. The November 2011 data suggests a continuation of the seller’s market that we have seen recently in Hillsborough. Sales remain steady, though are now at a more normal pace than the high summer activity. There were six sales in November. Sales…..
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As a relatively small market (100-150 sales per year), the trends do not often change month-to-month in Hillsborough. The October 2011 data suggests a continuation of the seller’s market that we have seen recently in Hillsborough. Sales remain steady, while listings and inventory are down. There were eight sales in September.  Sales have declined each of the…..
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Forbes just published an article about the most expensive zip codes in the United States. Not surprisingly, Hillsborough came in 4th on the list, right after Alpine, NJ, Atherton (just 15 miles south of Hillsborough), and Sagaponack, NY. Beverly Hills came in fifth, and was the only one in the top 8 on the list…..
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Sales are up sharply in the Lower Hillsborough region of Hillsborough. There have been 69 single family homes sold through September 2011, as compared to 47 at the same point last year, which is an increase of nearly 50 percent. This is by far the biggest increase in any sizable neighborhood or city that we cover along the…..
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Sales have been steady in the Upper Hillsborough region of Hillsborough. There have been 42 single family homes sold through September, as compared to 41 at the same point last year. While sales are flat, inventory has declined slightly. At the end of September, there were 24 homes for sale, down from 30 homes at the…..
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There has not been a lot of recent activity in the Tobin Clark Estate neighborhood of Hillsborough in 2011 (to view the Tobin Clark Estate area on a Hillsborough map, click here). Year-to-date through September, there have been seven single family detached homes sold, as compared to 12 at the same point last year. Low sales activity is a product of…..
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As a relatively small market (100-150 sales per year), the trends do not often change month-to-month in Hillsborough. The September 2011 data suggests a continuation of the broad trend, which is a shift towards more of a seller’s market. Sales are up, while listings and inventory is down. There were nine sales in September. Through the first…..
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After a strong stretch in May, June and July in Hillsborough the market took a breather last month. There were eight sales in August, which is a more typical total for a winter month, than at the end of the summer selling season. Even with a slow August, there have been 103 sales through the first eight…..
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  It has been one of the strongest summer selling seasons in Hillsborough in recent memory. There have been 55 home sales in the May, June and July timeframe, including 17 in July, which was the most for any three-month period in at least seven years. Even after accounting for the modest, but respectable beginning…..
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