Showing posts from February, 2014

Portola Hills Real Estate Property Spotlight: Feb 2014

Thought as we haven't seen too many larger single family homes on the market recently, it would be nice to see a couple that just closed escrow in Portola Hills.   Details:                                         Closed Escrow 2/19/2014 Average Days on the Market:       163 Days List price to Sale Price Ratio:        -2.08% Highridge Way Mountain View If you are considering a move a couple things you will want to consider.  Pricing your home at Fair Market Value is going to bring you the best results and often times bring you in multiple offers.  We are seeing in south orange county homes staying on the market a bit longer and a reduction in pricing. This generally means homes are priced higher then the market is willing to pay.  Of course sellers want to get the most for their home, but how it is positioned the moment you list will set the tone of your offers.    With the low inventory, the right positioning and high buyer demand, the one thing you shoul

January 2014 Portola Hills Market Snapshot

The 1st Month of the 2014 is down and are you wondering how Portola Hills real estate market did....? Five homes sold in the community.  The average square footage was 1735 sq.ft. and closed at $552,580. The highest rice sold was $724,900 for 2694 sq.ft.  The lowest sold price was $312,000 for 1000 sq.ft. and was sold over the list price by $8000 and only on the market for 33 days. Portola Hills Average Closed Sales Jan 2014 Below are the properties that sold. Overall the days on the market averaged about 35 days which is pretty quick considering we were just finishing up the holidays. Portola Hills 2014 Sold Property Detail. Currently there are only 6 homes listed on the market in Portola Hills.  Which is low for this time of year as we begin the spring season.   If you are considering a move, give Kelly Turbeville a call to review the best strategy to get your home sold.  Inventory is low, buyer demand is still high and interest rates have rema