Ryan Tract is a small community located north of the Burlingame Country Club and within walking distance of Burlingame Avenue. Only a handful of properties change hands here each year — four in 2020, which doubled the amount sold in 2019. Ryan Tract real estate sold for an average of $6.7 million last year, third-highest in Lower Hillsborough (and in Hillsborough as a whole). That this figure was 29% lower than 2019’s $9.45 million average is largely irrelevant for purposes of gauging the local market. If you look back a few more years you’ll find that the average prices in Ryan Tract have fluctuated from $4.99 million (2017) to $5.61 million (2018) $9.45 million (2019) and then back to 2020’s $6.7 million. During that time, 15 homes have sold in Ryan Tract. Nor can you learn much from Ryan Tract’s 77 average DOM (up 121% from 2019). If you remove one home that took 248 days to sell, the neighborhood’s average DOM falls to 20, 42% lower than 2019.
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?
To view a detailed google map of the Ryan Tract neighborhood, click here. The MLS area is 453.
- 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
- One of the most high-priced neighborhoods in Hillsborough, with the median price around $5.5 million
Home Data per tax records
|Single Family Homes|
|1 Bedroom Homes||0|
|2 Bedroom Homes||5|
|3 Bedroom Homes||36|
|4 Bedroom Homes||71|
|5+ Bedroom Homes||55|
|Number of Sales||4|
|Percent List Price Received||100.5%|
|Median Sales Price||$6,000,000|
|Average Sale Price||$6,700,000|
|Lowest Sale Price||$5,950,000|
|Highest Sale Price||$8,850,000|
Hillsborough Real Estate Market Review
Each year Raziel publishes this award winning annual review of the Hillsborough real estate market.