Posts

Showing posts with the label portola hills condo

Kelly does it again...18950 Canyon Summit SOLD!!

Image
This is the way I like January to start out, set's the tone for a good business year.   Our listing in the community of Portola Hills at 18950 Canyon Summit, Trabuco Canyon 92679 just closed escrow and I have a happy home seller and lovely couple has their 1st home!  To give you an idea about the current market, this home was  a 1000 sq. ft. Condo, listed for $290k.  We received multiple offers within the first 3 days on the market and settled with a 1st Time Buyer, at a price of $300k.  Yes, that is $10,000 over asking and we closed in about 35 days from start to finish! When I look at real estate comparables it always makes me scratch my head why one home sales at one price and others are listed or selling at a lower price or not moving at all? That was the instance with this listing.  Understanding the local market, which includes properties available, style etc is key to getting you the right price. If you are wondering t...