PORTOLA HILLS LIVING by Kelly Turbeville

Fall in Southern California may not offer cool crisp temperatures but it does offer plenty to do with the spirit of fall in mind.  Get out enjoy the community! Below are some local events you wont want to miss.... October 8th:   Autumn Fall Festival  Time:  4-9 pm Location: Heritage Hill Historical Park October 14 & 15th:   Haunt at Heritage Hill  Time:  6-10:30 pm Location: Heritage Hill Historical Park October 22nd:   Hallow's Eve Bowl Jam  Time:  5-10 pm Location: Etnies Skatepark of Lake Forest October 23rd: Taste of Lake Forest Time: Noon-4 pm Foothill Ranch Towne Centre October 29th: Special Needs Game Nigh t Time: 7-9 pm Location: Lake Forest Sports Park October 30th : Taste of Lake Forest Celebration Event Time: Noon-3 pm The Orchard Shopping Center Click on the event for details direct from the City of Lake Forest and event holders.  Hope to see you there!!

I know I always say this.. but can you believe how fast the year is going. Summer is over, we just had Labor Day and the kids are back in school.   So how did the last month of summer 2016 real estate market fair in  Portola Hills? As with most of South Orange County the real estate market, quieted down a bit. Which is typical this time of year.  Though for my business I felt as if open house traffic was up.   It is not that buyers are not there.. they just were distracted with the summer events.    Below is a look at home values for Portola Hills in August. Portola Hills August Home Values With summer distractions come longer days on the market.  The average days to sell a home in Portola Hills in August was 49 days. What's the value of my Portola Hills Home -Free Report As we enter Fall we should continue to see home values balance out.  In July we saw a 20% increase in home prices from 2015... In August the mix that was sold gave us a 3% increase from

We always like to highlight great listings in the area that we think our home buyers will like.  Today's listing is a townhome listed in the Vineyard Complex in Foothill Ranch . Why do we like this listing.. First off the price is a steal!  Last model match sold between $435,000-$440,000. This home is listed for $430,000!  The average price of a town home in Portola Hills in July was $478,000 for 1200 square feet. This home is 1101 square feet.  Search Available Foothill Ranch Homes 3 Anacapa Foothill Ranch This town home is located in the best part of the community that gives you amazing sunset views over the avocado orchards.  Details of the home include: Two Master Suites Remodeled Kitchen  Remodeled Bath Plantation Shutters Hydroponic Water Heater Direct Access 2 Car Garage The Vineyard complex is located in Foothill Ranch walking distance to the Foothill Ranch Town Center that includes dining, shopping and entertainment. As well centrally loca

One of the prettiest aspects of living in Portola Hills are the awesome views.   Have you been looking for a view home in the area but have not had success finding it? Does the criteria you are searching for in a home include: South Orange County Location 4 Bedrooms Unique Floor plan with Large Living and Family Rooms Large Kitchen with Granite Counters and Large Outside Deck 180 Degree Panoramic View out to the Pacific Ocean Covered Patio with Pool Sized Yard 3 Car Garage with Tons of Storage Walking Distance to Award Winning Elementary School We have it and the best news of all... We just reduced the price by $15,000. Come check out our listing at 41 La Sordina.   We will be open Saturday 8/20 from 1pm. When you look at what has sold in the area, this home is a steal.   Take a quick peak at the most recent sales in the area. Like it.. Contact Kelly to schedule to a showing or pop into our open house!

As Foothill Ranch is our neighboring city it is important to keep on top of the trends of the area.. Foothill Ranch is larger community then Portola Hills but similar in demographics, etc. Below is a quick look at how the Foothill Ranch Real Estate Market performed in July and Year to Date from the Orange County Association of Realtors. Foothill Ranch Detached Home Sales Foothill Ranch Attached Homes Sales Comparing numbers Portola Hills is outpacing Foothill Ranch this year. In terms of price gains and growth.  The new development in Baker Ranch , Camden Square and El Paseo  I would suspect have impacted resales in the area.    Available Foothill Ranch Homes Don't forget if you are looking  to buy in a new development you can have a Realtor help you and it is probably in your best interest to develop a negotiation strategy and be ready to compare against what the developer will offer. When determining the value of your home it is always important to

We are in the last month of summer and the count down in on as to when school starts.  Here in Portola Hills school begins the last week of August.   Doesn't that seem early to you?  Man summer flew... With that rush for school prep, we tend to see a shift in the real estate market.. it gets a little quieter with the summer distractions.  So was that the case in July for the Portola Hills community...  To a certain degree yes.  The average days on the market are increasing, as buyers have slowed and inventory jumped a bit in July. Currently there are 15 homes available in Portola Hills . Below is a quick look at how the Portola Hills real estate market performed in July 2016. The average price per square foot in July 2015 was $306. The average price per square foot in July 2016 was $380.  That equals a 20% increase in home values for the area.   Of course, it is important to look at the overall market and what the mix of homes that sold are but the numbers always gi

It always amazes me how fast the years go by and 2016 is no exception.  We are mid-year, so it is always a good time to take a look at how the overall real estate market has performed in Portola Hills thus far. The info-graphic below highlights the 2016 Portola Hills real estate market is certainly on an upswing thus far in the year. Looking at the above figures the low sales volume certainly is a driving force in the increase in pricing.  Inventory remains to be a key issue throughout South Orange County.   In July we typically see a turn in the market from the spring strides.  It's summer after all people are distracted.  The demand has been very good this year thus why we see such an increase in pricing.  We are also beginning to see a slight increase in the inventory and the expected market time is on the rise. Though Portola Hills Average Days on the Market is averaging about 40 overall in the county that has increased to about 79.  Leading us to a more balanc