It's a Ho, Ho, Hot Portola Hills Real Estate Market
We took a look at the current real estate market and we only have 1 wish for Santa this Christmas... More Listings please!! Overall, in the OC inventory is at record lows. We are entering unprecedented levels when it comes to the number of homes on the market and available to buyers. So we anticipate the market to remain strong in 2022, but there are a couple of factors that you should be aware of... but first let's look at how the Portola Hills real estate market performed last month. As you can see in the above report the Portola Hills real estate market is extremely strong. Currently there are only 6 Active Listings and 27 properties under contract. That means we have less than half a month of inventory for prospective buyers. With the majority of those homes, being new homes in IronRidge and Portola Oaks. The 3 hottest neighborhoods that sold in November were: Montecido at an average price of $590,000 Serenado at an average price of $885,667 IronRidge at an average p