Spring Surge in Portola Hills: Inventory is up - but so is buyers interest.

 Spring Surge in Portola Hills: Inventory Is Up—But So Is Buyer Interest

Spring is in full bloom here in Portola Hills, and so is the local real estate inventory. Over the past month, the number of active listings has nearly doubled, with 24 homes currently on the market and 5 under contract, giving us roughly 4 months of inventory to work with.

More choices for buyers can sometimes mean more days on market—but not always.

This past weekend, I hosted an open house at 18986 Canyon Summit, and we had 18 groups of buyers come through. That’s a huge turnout, especially considering that some nearby listings have been sitting idle for weeks. The difference? Strategic pricing, great presentation, and marketing that actually reaches people.

18986 Canyon Summit, Listed by Realtor Kelly Turbeville

Key March Market Highlights:

  • 📈 Average Sales Price (All Homes): $1,227,200

  • 🏡 Single-Family Homes Average: $1,500,333

  • 🏘️ Attached Homes: No closings in April

  • ⏱️ Average Days on Market: 25 (with some much quicker)


  • 🔁 List-to-Sell Ratio: 102%—yes, many homes are still selling over asking 

What that means for you....

If you’re thinking about selling, now’s the time to lean into strategy. Homes that are priced right and marketed well are moving quickly, despite rising inventory levels. And if you're a buyer? You’ve got more options than we've seen in months.... but the good ones don’t last long.

What’s Coming Next?

We’ve got a couple of exciting properties hitting the market soon:

  • 🏠 Canyon Summit 2-Bedroom w/ Loft – Open House this weekend!

  • 🏡 Montecido Lease – 2 Bedroom Townhome with attached garage!

Whether you're buying, selling, or just keeping an eye on the market, understanding the current trends can help you make confident decisions. Let’s connect and craft the right plan for your next move.

📍 View the current Canyon Summit listing and be the first to know when the Montecido lease hits the market!

Portola Hills April Market Report

Looking for more real estate information? Make sure to follow Kelly over on SubStack.  We think you'll find her articles relevant to the Orange County real estate market and it's a great chance to get to know about Kelly personally. 

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Location: Portola Hills, Lake Forest, CA 92679, USA

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