Many of my colleagues would concur that the Ryan Tract is “lower Hillsborough’s most desirable location.” Ryan Tract is Hillsborough’s past and present come to life. Home to many of the town’s grand original estates, the neighborhood continues to be a destination for those seeking convenience (Ryan Tract is the Hillsborough neighborhood closest to Burlingame Avenue shopping and dining, the Burlingame Caltrain station and El Camino Real) and opulence.

Not incidentally, the Hillsborough Town Hall, Police Department, and Central County Fire Department (a collaboration with Burlingame) is in Ryan Tract, at 1600 Floribunda Avenue at El Camino, a logical location. Where else should official Hillsborough business happen than in this convenient, elegant neighborhood?

Another Hillsborough neighborhood whose 2022 real estate market ran counter to prevailing trends, Ryan Tract posted the highest price per square foot in Hillsborough last year — $1,993. It also posted Hillsborough’s third-highest average and median home prices, $8.033 million and $7.725 million, slight increases from 2021’s $7.78 million and $7.6 million, respectively. Its overall sales held fast at six, continuing a trend of activity unseen prior to 2020 (between 2017 and 2020, Ryan Tract averaged just under four sales per year), and its average DOM — a minuscule 13 — was down 37% from 2021 and 83% from 2020. Since 2020, homes sold in Ryan Tract have increased their average price per square foot by 43%.

To view a detailed google map of the Ryan Tract neighborhood, click here. The MLS area is 453.

Favorable

• Arguably Hillsborough’s most desirable location

• Includes some of Hillsborough’s most notable homes

• Has many of town’s grand original estates

• Close proximity to Burlingame Avenue, shopping and dining, the Burlingame Caltrain station and El Camino Real

Adverse

• One of the most high-priced neighborhoods in Hillsborough, with the median price around $5.5 million