Portola Hills Sellers Receive over $365,000 in Profit in March
We are sure you have heard, the OC real estate market is hot, hot, hot! In this months monthly market report we went a bit further to understand exactly how hot and we thought this was important for our clients to know. In March, sellers who sold their Portola Hills homes, received an additional $365,000 in profit. What does this mean? This is the profit sellers received above their listing price!
A Live Oak Canyon Home Pool Home
- Listed for $1,099,000
- Sold for: $1,150,000
- Extra Profit: $51,000
It is accumulative, but looking at what $$ sellers received they averaged about $30,000 over list price. It's also important to note; not all sellers received this, some homes sold at list price or sold just slightly over list price. This is one of the reasons we say be careful who you list with. In order to achieve higher profit results, we highly recommend working with an experienced agent who has navigated this type of market before.
Below is a look at the overall Portola Hills market in March!