Portola Hills Real Estate Snapshot for July 2018
There is a lot happening in Portola Hills in regards to Real Estate. New homes being built, new communities added that all impact your home values. So we took a look at how the market performed in July. Take a peek! Portola Hills saw a 10% increase in pricing from the same time last year on single-family homes. However, on the Condo/Townhomes pricing was flat. Which honestly makes no sense to me, as demand is extremely high. There is certainly room for pricing growth on the attached side of the market. What is the value of your Portola Hills Townhome? The big story in July is Sales Volume, which was down 38% from the same time last year. Why? It could be just a seasonal shift or that we saw an increase in sales before the new homes came into the area. After all it is not fun competing with new homes sales in your backyard. Buyers love to look a pretty new houses, so your house has to compete, otherwise the minute buyers walk in they begin deducting dolla