It's May, yes May and the Portola Hills real estate market is moving along at quick pace. April in general is a quiet month for real estate and this can be seen with only 4 homes closing escrow in April.
However, we did see an increase in the number of new listings that came on the market. Currently there are 8 active properties on the market.
Below is a our monthly snapshot info-graphic for Portola Hills.
Overall inventory levels in South Orange County are extremely low. We did have a jump in new listings in April, but they are selling quicker than new homes coming on the market. The average days on the market in April was 11.
Buyer demand is very high, especially for the condo market and homes priced under the median price of $700,000. If you are thinking of a move, now is a great time to take advantage of the low inventory and get top dollar for your home. Let's grab a cup of coffee and review our strength in the market to get your home sold..
Wondering what homes are available currently in Portola Hills? Check out our custom search, direct from the MLS.