|Portola Hills 2014 Year End Real Estate Report|
Monday, January 5, 2015
2014 Portola Hills Real Estate Recap
Can you believe 2014 is over? I am still having trouble with the idea it being over, where did the time go.... In terms of real estate we did see a 16% increase in the number of homes sold. In terms of pricing Portola Hills saw an increase of 7% overall. Below is breakdown of the details...
As we enter 2015 the overall market in South Orange County continues to be sellers market but as spring approaches both inventory and interest rates are projected to increase... which means it will become a more balanced market for the remainder of 2015.