Between August 28 and September 10, a house in Hillsborough was sold for an impressive $1.1 million, making it the most expensive residential real estate transaction in the area during that time period. This sale was part of a total of 16 residential real estate transactions recorded in Hillsborough over the past two weeks.
These figures provide a glimpse into the real estate market in Hillsborough during the specified time frame. The average sale price for these 16 transactions was $569,384, with an average price per square foot of $313.
While the specific details about the property sold for $1.1 million are not provided in the article, it is clear that it is a high-end property that likely includes desirable features and amenities. The sale price reflects the value placed on such properties in Hillsborough.
It is interesting to note that the average price per square foot in Hillsborough is $313, indicating that residential properties in the area can command a premium. Additionally, the relatively high average sale price highlights the thriving real estate market in Hillsborough.
In conclusion, these recent sales in Hillsborough demonstrate the demand for high-end residential properties in the area. With a strong average sale price and premium prices per square foot, it is evident that the real estate market in Hillsborough is flourishing.
Definitions:
– Residential real estate transactions: The buying or selling of properties that are used for residential purposes, such as houses or apartments.
– Average price per square foot: The average cost of a property based on its size, usually measured in square feet.
Sources:
No specific source provided for this article.