Hillsborough, CA Luxury Real Estate Market Update — September 2025
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BURLINGAME, Calif. - Michimich -- Hillsborough, CA  – The luxury residential real estate market in Hillsborough, California continues to shine even as the broader US housing market shows signs of slowing.

Recent data underscores the strength of the Hillsborough real estate market:

• Median sale price has climbed to approximately $6.2 million, with an average sale price nearing $7.9 million, based on Q3 data as of August 31, 2025.
• Homes are moving quickly, with the median days on market falling to just 17 days, and the average at 23 days.
• Demand remains high despite limited inventory. Active listings have decreased to only 25, while the median list price stands at $8.9 million, according to the latest weekly data as of September 2, 2025.
• The area maintains a slight seller's advantage, supported by a Market Action Index of 36—indicating sustained momentum.
• Broader Bay Area trends echo these results: affluent markets like South Bay, Atherton, Hillsborough, and Menlo Park are outperforming national slowdowns, buoyed by tech-sector affluence and ongoing AI-driven demand.

"Hillsborough remains a city of stability and prestige," said Nona Ehyaei, top Hillsborough realtor. "With luxury home values maintaining gains and days on market falling, sellers are in a strong position. Despite macroeconomic headwinds, demand from high-net-worth buyers in our area remains strong."

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Comparing Hillsborough to broader trends:

• Nationally, housing markets are cooling. Home price appreciation slowed to just 1.9% year-over-year in June 2025—the slowest pace since 2023—barely keeping pace with inflation.
• In contrast, Hillsborough is clearly outperforming, with year-over-year gains nearing or exceeding 7% on median sale prices—underscoring the town's resilience.

"While interest rates remain elevated, the Hillsborough market tells a different story—from inventory constraints to buyer competition, the fundamentals here remain exceptionally strong," Nona added. "For clients, this means timing can be everything. Sellers are seeing strong results, and buyers who move decisively are still finding value."

About Nona Ehyaei

Nona Ehyaei is a leading Hillsborough real estate agent known for her in-depth local knowledge, analytical approach, and commitment to delivering exceptional results for her luxury clients. With an emphasis on customized service and market fluency, she guides buyers and sellers through one of the Bay Area's most elite housing markets.

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