First Month of 22 is a Hot, Hot, Hot in Portola Hills
So have you heard the 22 real estate market is starting off with a bang! Overall in Orange County we have the lowest inventory on record. Currently there are about 1200 homes available for extremely high demand throughout the OC. In Portola Hills, we have about a half a month of inventory available. So what does this mean... In order for us to have a more balanced market for buyers and sellers, we would need to have about 6000 homes available. For the market to turn to a buyers market we would need about 8000 homes. As you can see with the current inventory of under 1200, listings are needed, which is an amazing opportunity for sellers. Especially if you are looking to make a move up, because right now interest rates are still low and we know they are projected to increase throughout the year.
RIGHT NOW, provides the opportunity to sell high and save $$ on your purchase!
Below is a look at how the Portola Hills real estate market performed!