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September Portola Hills Home Values..

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It is an absolute beautiful day in Portola Hills this October 3rd..  A nice fall day.. with temps cooling a bit from the September warmth.    This is a great analogy for the real estate market in Portola Hills.  We expect things to cool down but comparing the numbers it continued to be pretty hot.. just like the September weather. Below is a snapshot of how the real estate market performed last month. For the overall market Portola Hills saw a 10% increase in home values from September 2015.   For the condo market the top selling home was 3 bedroom 1300 square foot Canyon Rim condo that sold for $490,000.  On the Single Family Detached side the highest priced home that sold was a 5 bedroom, 3400 Square Foot Crown Pointe Home that sold for $1,010,000.   (On a side note the Crown Pointe home was a flip bought as a short sale earlier in the year.) Currently there are 12 active listings on the market ranging in price for a 2 bedroom/900 square foot condo priced at $359