DRE #02250755“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
DRE #02250755“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
Data through Jul 2026
Hillsborough favors sellers and competition is intensifying. Here's the picture:
Based on 41 homes sold in the 3 months ending July 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.
Data through July 2026
See how prices, monthly costs, and mortgage rates have moved in Hillsborough.
Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.
The median sale price in Hillsborough is $6.41M — almost exactly where it stood in September 2021 ($6.45M). Over that stretch, the median peaked at $7.25M in April 2026 and bottomed at $4.15M in December 2022. That puts today's price about 17% above the area's 5-year average of $5.46M. Hillsborough averages only about 10 sales a month, so these swings partly reflect which specific homes happened to sell — treat the long-run direction as rough, not precise.
What buyers actually pay has moved more than the sticker price suggests: a typical monthly payment (20% down, principal & interest) is about $32,940 today, up 51% from $21,783 in September 2021. Most of that increase comes from mortgage rates (3.0% then vs. 6.7% now), not prices — at September 2021 rates, today's median would run about $21,638/mo.
Seasonally, the three months ending in June have been the busiest stretch for closings in Hillsborough over the past 5 years (about 36 sales in that window on average, vs. 20 for the stretch ending in February), while competition has run hottest in the stretch ending in May (41% of homes selling over asking on average). That's an average across just 5 observations per month, so treat it as a tendency, not a rule.
Hillsborough favors sellers and competition is intensifying. Buyers should prepare strong offers and expect limited room to negotiate on well-priced listings.
At $6.41M, Hillsborough's median is roughly 4 times the Bay Area median of $1.80M. Hillsborough sits at the very top of the regional market.
Hillsborough currently favors sellers:
Buyer strategy: well-priced homes still move quickly, but there is modest room for strong offers. Come in pre-approved with a clear plan.
At $6.41M with 20% down at 6.71%, the monthly cost breakdown:
Most buyers at this tier pay a meaningful share in cash, which reduces monthly carrying costs.
→“Mel did an amazing job helping us buy our first home. When we first met her, we had done literally zero of the steps needed to buy a house, and 28 days later we closed.”
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