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15April 2016

Hillsborough Spring Sales 2016

Geoffrey C. Nelson

Hillsborough Spring closings are demonstrating strong price per sq. ft. and hot demand with low days on market. The total Hillsborough inventory has hovered around 30 homes for sale so far this year, a low supply indeed. In addition to the Hillsborough homes sold this Spring in the spreadsheet below, there has recently been an $11,000,000+ closing for a 2-acre estate off-market. 250 Bridge Road (pictured) at one of Lower South Hillsborough's favorite streets, closed in February for $6,300,000 as a new construction at $1,438 per sq. ft. per 4,379 sq. ft. in MLS, which should be theoretically a bit higher even as the livable sq. ft. is likely under 4,000 as advertised in previous listings.



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