Portola Hills May 2011 Real Estate Market Update

We often here in the local news, Portola Hills is the hottest real estate market, below is a current look at how the market performed in May of 2011.  Hot it is!

Current Active Properties: 23

Sold Properties: 10

• Distressed Rate: 50%

Average Attached Price Per Sq. Ft:  $218 

• List Price to Sale Price Ratio: 86%

Average Single Family Homes Price Per Sq.Ft:  $258

• List Price to Sale Price Ratio: 93%

Average Days on the Market:  117

Below is a quick look at the overall real estate market in the surrounding areas.  As Portola Hills borders both Lake Forest and Trabuco Canyon it is important to understand these markets as well.

Trabuco Canyon Market Conditions

Lake Forest Market Conditions

If you are wondering if it is a good time to list your home whether it may be a Standard, Relocation or Short Sale, we are here to help.  The same principles apply you want to get the most dollars possible and sold as quick as possible.  Our track record shows just that!

Buyer Needs:  We recently put into escrow 28366 Klondike Drive.  The deamand for the floorplan was a overwhelming.  If you have a 3 bedroom/3 bath Montecido townhome and considering a move give us a call!

Next week is the 1st week of Summer - enjoy!