Homeplace had one of Lower Hillsborough’s best-performing markets in 2021, gaining 47% in average home price from 2020 (51% median). In 2022, Homeplace lost some steam, finishing down 7% in average price ($7.421 million) and 12% in median ($7.64 million) — but still 37% and 34% ahead of 2020, when the COVID market interruption pushed the neighborhood in a new, more high-end direction. Eight-figure sales are no longer rare to Homeplace, which has now taken its place among the most exclusive Hillsborough neighborhoods, though you could argue that in 2022 any sales were rare. Only seven total homes sold in Homeplace last year, down 42% from 2021.

To view a detailed google map of the Homeplace neighborhood, click here. The MLS area is 448.

Favorable

• Diverse housing stock

• Assorted styles of homes with a wide range of sizes and prices

• Just south of the Burlingame Country Club

• Equidistant distance from downtown San Mateo and Burlingame Ave

Equally known for its pleasant, rolling streets as well as multi-million dollar estates, Hillsborough represents the pinnacle of exclusive yet laid back peninsula homes. With close proximity to all major roads, yet still secluded and private enough for the most discriminating homeowner, Hillsborough’s large but subtle homes and roads-without-sidewalks “woodsy” feel apppeal to many. And, it’s also one of the best and most picturesque towns on the peninsula for a Saturday jog!

The public school system in Hillsborough is among California’s finest, with an excellent faculty to student ratio and a successful technology program. Hillsborough’s Crocker Middle School is well known in the area for its excellent preparation of its students for high school and beyond. And, there are also three excellent private schools in Hillsborough: the Bridge School, which serves students with physical and speech impairments, the Nueva School, a noted elementary school, and Crystal Springs Uplands School, a well established and respected elementary through high school.

As of the year 2000, Hillsborough was the highest income place in the United States for cities of a population of 10,000 or more. The town is six square miles, of which 238 acres are open space and cannot be developed. It’s name comes from the hometown of William Davis Merry Howard in New Hampshire, who visited the peninsula in 1864 as a 16 year old and convinced his shipping magnate father to buy Rancho San Mateo (including what is today the city of San Mateo).

As Hillsborough is all single family homes, the town contributes a portion of the budget to the Burlingame and San Mateo libraries, and shares a fire department with Burlingame, called Central County Fire.

Special Yearly Event: The Concours d’Elegance, benefiting the Hillsborough Schools Foundation, held each August on the golf course started in 1956 by Hillsborough mothers.