If you have drove through Portola Hills, you will notice the building of the new communities is in full effect. All positive for the community with the addition of new parks, shopping and trailways. But how does it impact values Below is a summary of what sold the first quarter of this year in Portola Hills. As of this time no, new homes show closed in the last quarter. However, currently there are 24 homes active in Portola Hills and 22 of them are all new builds. This means the inventory is increasing, the area typically has less then 10 homes available this time of year. Below is a look at how the real estate market performed. If you are thinking of a move this year, now truly is the time to list your home. As more inventory comes available this will impact your home. Certainly we should see values increase but that really depends on the mix of homes and often times we see resales take a dip in pricing, until the sale through of the new homes is complete.
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So today as I review the Portola Hills Real Estate market for November... I just ate a fortune cookie and it said... Allow yourself time.. you will reach success.. What a perfect metaphor for November real estate sales in Portola. Comparing 2013 vs. 2014 activity was certainly up. In 2013 had a total of 7 sales and 2014 there were 13 sales...almost double. If you look at the price per square foot was slightly up at $309 per square foot overall. The Portola Hills market has overcome the negative effects of the downturn.. Portola Hills November Sold Properties 2014 Portola Hills November 2013 Sold Properties If you look at our recent sold property at 28476 Sassetta Way in Portola Hills this is a perfect example of how the market should be performing... Homes that are priced right, available and present well are selling successfully today!! Kelly Turbeville Sold 28476 Sassetta Way If you are planning a move in 2015... let's grab a cup of coffee and review a