Hillsborough Heights real estate predates many of its neighboring housing inventories. A significant percentage of homes were built prior to World War II. Their classic styles – Mediterranean, Tudor, French and Beaux Arts – give the neighborhood an abundance of old world dignity. With its flat, tree-lined streets and large (most homes have at least four bedrooms and upwards of 4,000 square feet of living space), vintage homes, Hillsborough Heights resembles nearby San Mateo Park – another long-established, leafy residential neighborhood – only with the advantage of access to Hillsborough’s public schools, which consistently rank among the best in California.
Hillsborough Heights saw a 41% increase in average home value in 2021, bumping it from Lower Hillsborough’s most affordable neighborhood to the middle of its pack. After notching a $4.74 million average in 2020, homes here sold for $6.707 million this year (median of $6.125 million) and did so while increasing price per square foot from $1,287 to $1,412. These gains are likely the result of Hillsborough Heights continuing increased popularity among buyers. After averaging a little over eight sales each year from 2016 to 2019, this one-time entry-level neighborhood logged 11 sales in 2020 and 14 in 2021.
To view a detailed google map of the Hillsborough Heights neighborhood, click here. The MLS area is 440.
Beautiful, flat and tree-lined streets
Bigger and diverse styles of homes, including classic vintage homes
Close proximity to shopping and restaurants
Walking distance to downtown San Mateo
Entry price to the neighborhood is high, with many homes selling over $10 million
Home Data per tax records
|Single Family Homes|
|1 Bedroom Homes||0|
|2 Bedroom Homes||3|
|3 Bedroom Homes||48|
|4 Bedroom Homes||126|
|5+ Bedroom Homes||124|
|Number of Sales||7|
|Percent List Price Received||98.6%|
|Median Sales Price||$6,675,000|
|Average Sale Price||$6,791,000|
|Lowest Sale Price||$3,850,000|
|Highest Sale Price||$12,750,000|
Hillsborough Real Estate Market Review
Each year Raziel publishes this award winning annual review of the Hillsborough real estate market.