Even in a town whose reputation is built on seclusion and unspoiled nature, the lushness of Skyfarm’s wooded hills and flora stand out. Its narrow, curving roads wind through a topography that makes large scale residential development difficult, which is why the neighborhood’s homes are generally newer than those in surrounding neighborhoods. Outside of a few pre-war residences, Skyfarm real estate dates back no further than the 1970s.
2021 was a good time for the real estate market in Skyfarm, where homes last year sold for an average of $6.972 million, thanks to a pair of eight-figure sales that comprised 22% of the eight total neighborhood sales for the year. This means a 47% average price increase (37% median) that would still be a significant 15.1% if you removed those two $10 million-plus sales. Overall, Skyfarm buyers paid $1,360 per square foot in 2021, an increase of 32% from 2020, and paid 103.4% of asking price, compared to 95.3% in 2020. Average DOM fell a dizzying 84%, from 100 in 2020 (when a single sale skewed the overall average) to 16 in 2021.
To view a detailed google map of the Skyfarm neighborhood, click here. The MLS area is 450.
Secluded, wooded, and private
Generally newer homes than those in surrounding neighborhoods
Hilly with narrow curving roads that make large scale residential development difficult
Home Data per tax records
|Single Family Homes|
|1 Bedroom Homes||0|
|2 Bedroom Homes||0|
|3 Bedroom Homes||49|
|4 Bedroom Homes||160|
|5+ Bedroom Homes||144|
|Number of Sales||12|
|Percent List Price Received||103.4%|
|Median Sales Price||$5,425,000|
|Average Sale Price||$6,423,000|
|Lowest Sale Price||$3,750,000|
|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.