January 2016 Real Estate Snapshot for Portola Hills
The first month of 2016 has come to a close. I don't know about you but that was certainly fast. Wondering if that is an indication of how fast 2016 is going to move along. Maybe it's just age... that makes it feel like time is flying bye. In terms of the Portola Hills Real Estate market this past month was a bit quieter than the last two years. The reason... the number of homes on the market to sell was much less. Inventory levels are extremely low in South Orange County and currently there are only three active properties available. Below is a snapshot of what homes sold last month in Portola Hills: Portola Hills January 2016 Homes Sold The listings at Highridge closed $11k over asking price. This is great to see as I preview properties around South Orange County I have noticed the Portola Hills area is a great value for home buyers.. but maybe a bit under market for home sellers. The average price per square foot in the surrounding area is $3