PORTOLA HILLS LIVING by Kelly Turbeville

We bet you're happy 2020 is behind us!  What a crazy year, is all we can say!  We hope that you and your families were not impacted to harshly by it.  We took a look at how 2020 impacted the Portola Hills Market and all we can say is, who would have thunk (yes thunk) the real estate market would have been so strong!  I guess all that time at home, sparked buyers ideas that it is now time to move!  Did you make a move, or think you would like to? Below is a snapshot of how the Portola Hills Real Estate market performed for the the entire year!   What is the value of my Portola Hills Home? Overall the Portola Hills real estate market was very strong with 18% in sales volume from 2019, with 172 homes sold in 2020.   The most expensive home sold in the community was for $1.8 million in The Oaks and the least expensive was $335,000 in the Canyon View community.   Home values were up in both single-family and attached homes, but we have to look at this with an objective eye, as many of t

 It is always exciting to have a contest in our local marketplace of Portola Hills. We find the community really enjoys them and it is an excellent way to get to know our neighbors.  Our Holiday Cash giveaway is always my favorite!  This year especially as we had to delay our Halloween/Fall decorating contest due to the recent Bond fire.  We had a great turnout and it was very exciting to deliver some holiday cash to our clients and community. GPS real estate group holiday cash winners We want to thank everyone who entered our contest and most importantly enjoy it.  We look at is a fun activity for the community and in 2020, I think we could all use a lot more fun!  Search Portola Hills Homes Watch for our next contest coming the spring 2021.  

Tis the season and we are always excited about our Cash Giveaways.  Especially this year, as we know it has been a difficult year for many.  You have four chances to win. Simply complete the entry and you will automatically be entered.  See below for details. For those clients in Portola Hills who entered our Fall Decorating Contest, which we had to cancel do to the Silverado Fire and Evacuation, we have automatically entered you into this contest.   Enter me in Kelly Turbeville Holiday Cash Giveaway Deadline to enter is Tuesday Dec 15th. 2020 How to Enter: Click Here Terms apply:  This contest is sponsored by Kelly Turbeville with GPS real estate group at Keller Williams. It is not affiliated with any online programs.  Participants who complete the online entry form will be entered into the contest with the possibilities of winning 1 out of 4 cash prizes.  There is no guarantee of winnings. All participates names will be drawn in a random selection.

As I was preparing for a Buyers Consultation with a new client who is looking for a home in Lake Forest, I noticed a huge percentage of homes with recent price decreases. Is that good news for homebuyers?  In both Single Family homes and Attached homes, which made me dig a little deeper as overall in the OC, inventory of available homes is very low and demand from home buyers is very strong... so again, why would sellers being see a price decrease? Take a look at the our Market Snapshot we just put together. As you can see on the Attached side of the market, 29% of the homes currently available have had a price decrease.  For the Single-Family side of the market, 39% of the homes currently available have a had a price decrease.  While only about 6% between both segments had a price increase.   When the inventory is low, and demand is high sellers should be able to expect  multiple offers at the full price or even above.  If this isn't happening, that generally indicates the home is

Wow, October was a crazy month for our community!  Unfortunately the community had a slight scare with the Silverado Fire as it inched closer to Portola Hills and through part of Whiting Ranch.  The good news is the OCFA kept us safe with no homes near the fire, the community was evacuated as a precaution. Through it all, real estate continued to remain strong with 13 homes selling during the month of October.  The highest price home that sold in the community was $1,400,000 in the IronRidge community.   The lowest price home was $450,000 in the Canyon View community.  The average price of a home that sold in Portola Hills was $764,551.  Check out the details below.  What is the value of my Portola Hills Home? The overall real estate market in Orange County remains very strong this fall. Low inventory and high buyer demand continues to drive up pricing.  As we approach the holidays, inventory will remain low.  This is also driving buyers to new homes, which in Portola Hills has spurre

Can you believe it, we are in October!!  I can't, once we hit October, for me, the year moves by so fast with all the holiday activity.  We are in the last quarter of 2020 and what a year it has been so far.    The good news, is even during this crazy time with a Pandemic going on the Portola Hills real estate market is very strong.  Below is a look at how the market performed last month.  There were even some records broken last month.  In the Montecido community Model C the Galante, sold for a record price of $615,000. That is amazing for this 3 Bedroom, 1200+ sqft home!  Now is an excellent time for those living in a Condo or Townhome to move up to that larger home you have been thinking about as buyer demand for your home is extremely high!  What's the Value of my Portola Hills Home? If you are thinking of a move, don't hesitate to reach out to me Kelly Turbeville for a quick review of what is happening in your neighborhood.  Don't forget to enter our Portola Hills

It is time for some fun!  So we thought it would be fun to do a Fall / Halloween Decorating Contest in the community .  Decorate your whole house or just your door.  All we want is for the community to have fun! It can be Halloween themed or if you prefer Fall or Harvest that is great too.  We will have two Grand Prizes:   Best House: $100.00 Home Depot Gift Card Best House: $50.00 Home Depot Gift Card Open to all communities in Portola Hills!  Check out details below!  Enter me in the Portola Hills Fall Decorating Contest Don't hesitate to reach out to Kelly Turbeville with any questions you may have.