Hillsborough Annual Real Estate Trends

SINGLE-FAMILY HOMES % Change from Year Before
Area Year No. Sales Median Price Average Price Avg DOM New Listings Sales Median Price Average Price New Listings
HIL 1998 162 $1,397,500 $1,544,924 82 315        
HIL 1999 215 $1,445,000 $1,669,476 86 249 32.7% 3.4% 8.1% -21.0%
HIL 2000 180 $2,055,000 $2,463,852 37 230 -16.3% 42.2% 47.6% -7.6%
HIL 2001 141 $2,050,000 $2,414,885 60 271 -21.7% -0.2% -2.0% 17.8%
HIL 2002 136 $2,029,000 $2,421,774 71 275 -3.5% -1.0% 0.3% 1.5%
HIL 2003 141 $1,860,000 $2,178,479 74 265 3.7% -8.3% -10.0% -3.6%
HIL 2004 169 $2,250,000 $2,460,387 57 242 19.9% 21.0% 12.9% -8.7%
HIL 2005 150 $2,500,000 $2,769,140 56 227 -11.2% 11.1% 12.5% -6.2%
HIL 2006 123 $2,500,000 $2,963,690 66 216 -18.0% 0.0% 7.0% -4.8%
HIL 2007 127 $2,600,000 $2,959,767 69 195 3.3% 4.0% -0.1% -9.7%

There are no condominiums or town homes in Hillsborough.

DEFINITIONS

Med. Price
Median Price is that at which 50% of properties sold were above that price and 50% were below.
Ave. Price
Average Price is the sum of all prices divided by the number of sales.
Ave. DOM
Average Days on Market is the average time it took to sell all properties.
Newly Listed
How many properties came on the market in the given time period.

 

These statistics are generated using information from the RE InfoLink MLS, but have not been verified and are not guaranteed. RE InfoLink disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.

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