Are Home Prices up or down in Portola Hills as we finish up Summer?
Portola Hills Real Estate – July Market Update
Summer distractions took full center stage in July, and it showed in the numbers. Homes stayed on the market nearly twice as long as we’ve seen in recent years. While interest rates certainly play a role in this slower pace, the truth is..... homes are still selling every day.
In fact, right here in Portola Hills, 13 homes closed escrow in July! That’s proof that buyers are out there, ready to act when they find the right home.
If you’ve been holding off because you’re worried about timing, know this: the market will shift quickly; especially if interest rates drop as expected this fall. Lower rates could mean more buyers and faster sales, and the current inventory could get eaten up fast...
Insider Tip from a Local: Portola Hills offers something truly unique... breathtaking views that stretch from the Saddleback Mountains to the Pacific Ocean, all while being centrally located in Orange County. That combination of scenery and convenience is a huge draw for buyers and helps homes here stand out, even in a shifting market.
And here’s something to think about; while some homes are taking an average of 58 days to sell, my most recent Portola Hills listing generated multiple offers, sold for $25,000 over list price, and went into escrow in just 5 days. When we’re seeing prices adjust, having the right pricing, marketing, and strategy can make all the difference.
Thinking of selling? Don’t hesitate to reach out. Let’s discuss how we can position your home to get top results in today’s market.Below is a look at the how the market performed..
Fall 2025 may be a very surprising real estate market, don't miss it!!
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