PORTOLA HILLS LIVING by Kelly Turbeville

As we stepped into 2026, Portola Hills is showing movement. Interest rates have eased to 5.99%, and we’re seeing buyer demand pick up after a slower finish to last year. Inventory is heavier than we typically see at the start of a new year...partly due to a new phase release in The Oaks, ultimately giving buyers more options and sellers more competition.  Below is a quick snapshot of how the market ended in January. J anuary closed with an average sold price of $1,253,273 in Portola Hills, with single-family homes averaging $1,671,000 and attached homes at $793,333. Homes are taking a bit longer to sell; 69 to 85 days on average, and we’re sitting at roughly five months of inventory. That tells us we’re in a more balanced market to start 2026. Buyers have options, but well-priced homes are still achieving strong list-to-sell ratios at 100%. The opportunity isn’t gone; as rates come down... Spring might be reflective of what we say in 2022? The numbers tell the story: more inventory...

 We just took a look at the Portola Hills real estate market and how it performed in the month of October.  There certainly was a shift, but it really wasn't where you thought it was.  The shift we are seeing is in the number of transactions... not values, take a look at our market update below.  As you can see from above all these numbers are positive.  In fact, seller's still sold over list price.   Truth is... the market the last couple of years was not a normal market.  Today's market is, but we are still struggling with low inventory and new homes that are coming on the market don't curb this demand for the majority of the market because the are at starting prices above a million.  Portola Hills October Market Report Video by Realtor Kelly Turbeville   If you own a condo or townhome or your value is under let's say $900,000 there is a huge opportunity for you to still get top dollar for your home. Your home probably is not goin...

 The Portola Hills real estate market was hot, hot, hot and we aren't talking about the weather. Sales Prices and Sales Volume were both up from the same time last year. With record breaking pricing in the Montecido community.  The highest price sold for a 3 bedroom, 1300+ townhome in the Montecido community was sold for $622,000.  When home buyers come up the hill to preview townhomes in the Ironridge community the Montecido community offers a great value, which in turn is driving up pricing of this community.  As well, inventory is very low throughout South Orange County. Below is a look at how the Month of August performed in Portola Hills. Search Portola Hills Homes If you are thinking of making a move, this is the market you have been waiting for!  Interest rates are hovering between 2-3%, which provides you the ability to purchase your move up property for less.   Please don't hesitate to give Kelly Turbeville a call to review if now is the right...