PORTOLA HILLS LIVING by Kelly Turbeville

 Hello Spring... The Spring Real Estate market is here.. be careful not to blink because it may be over before we know it.  Don't you agree time is moving so fast.  I was just taking a look at some numbers and there certainly has been a shift in the market, not necessarily a bad one. But it is important to understand if you are looking to sell your Portola Hills home or move to the community.   Take a look at our snapshot below..  The Orange County spring real estate market is off to a solid start! While prices in the first couple of months were slightly down from the highs of 2024, we've seen 10 homes close escrow, ranging from a stunning view pool home at $2.4 million to a cozy 2-bedroom condo at $624K. With interest rates coming down and open house traffic picking up, it's a promising sign for buyers and sellers alike. Remember, top dollar typically comes when inventory is low and demand is high — early spring is the time to make your move! There is a lo...

Below is a quick snapshot of the Portola Hills Real Estate Market: Active Properties/Average Price: 6 Inventory ranges from a Paired Single Family home listed @ $485k to an Estate home listed at $1,200,000. Averaging out 5 bedroom / 3 car garage / 2860 sq. footage equally a price per sq. foot of $272.89 or an average price of $780,466. There currently are no condo's active on the Portola Hills market. Closed Properties /Average Price: 32 Condo's: 20 homes have closed escrow since Januarary 2009. 3 bedroom / 1 car garage /Average Sq. footage 1119 = $259. price per sq. foot or an average price of $290,134 . Single Family Residences : 12 homes have closed escrow since Jan. 2009 = 4 bedroom / 3 car garage/ 2440 sq. ft = $245.19 price per sq. foot or an average price of $587,775 So the question begs to be asked is it a good time to list your home? If you are an equity seller that is realistic about the current market and can accept where the pricing is. It is a great time ...

What a year 2008 was in real estate and I am sure you are like many others looking forward to 2009. We can't move forward without saying goodbye to the past so here is a look at how the 2008 closed. If you would like a copy of this report please contact Kelly today!

Portola Hills eNews New On the Market Property Details Price Comments 28474 Porsena Way 2 bed/2bath/940 sq.ft. 2 car attached garage $299,900 Investment Potential 28906 Canyon Hts. 3 bed/2 bath/1130 sq.ft. $299,999 28463 Klondike Dr . 3 bed/3 bath/1216 sq.ft. $355,000 28890 Canyon Hts 2 bed/2 bath/ 1087 sq.ft. $399,000 28751 Vista Santiago 3 bed/3 bath/1623 sq.ft. $579,000 Beautiful View 28541 Brookhill 4 bed/3 bath/2500 sq.ft. $735,000 19492 Jasper Hill 5 bed/3 bath/3200 sq.ft. $879,000 Sold Properties ...

Portola Hills eNews New On the Market Property Details Price Comments 19525 Arezzo 2 bed/2bath/1100 sq.ft. $324,900 19271 Echo Pass 2 bed/2 bath/100 sq.ft. $435,000 28651 Pendleton 3 bed/3bath/1500 sq.ft. $469,900 Bank Owned and a Steal 28571 Shady Ridge 4 bed/3 bath/2400 sq.ft. $734,900 19222 Red Bluff 4 bed/4 bath/3100 sq.ft. $894,000 Sold Properties 28372 Harvest View 5 bed/4 bath/3100 sq.ft. $775,000 Someone got a Deal 19651 Dorado Dr . 5 bed/4 bath/3500 sq.ft. $840,000 Market Upda...

Wow, can you believe it, we are almost half way through 2008. What a year in the Real Estate market, there is no denying Portola Hills has been hit just like everywhere else in Orange County , but there is good news out there. Below is a quick look at the Real Estate market in Portola Hills. Current Active Properties: 41 Current Short Sales: 12 Current REO (Foreclosures): 7 Currently In Escrow: 15 Number of homes sold YTD: 23 Condo Closed Sales: Amenities: 3 bed/3 bath/1100 sq.ft Average Sold Price: $344,000 Average Price per Sq. Ft.: $307. Attached SFR Closed Sales: Amenities: 3 bed/3 bath/1550 sq.ft. Average Sold Price: $461,721 Average Price per Sq. Ft.: $2...