In 2014 we saw nice increases in appreciation for the area but what we didn't really see was a increase in the number of Estate homes come on the market in Portola Hills. The tide seems to be turning.. Below is a snapshot of the homes that sold in 2014 vs. 2015.
2015 Portola Hills Highest Priced Homes Sold Year-to-Date
In 2015 the 10 highest priced homes sold for an average of $913,000 and was just under 3000 square feet.
2014 Highest priced homes sold Year-to-Date (same time period 2015)
In 2014 the 10 highest priced homes sold for an average price of $762,000 and was approximately 2600 square feet.
Comparing the same time period from 2014 to 2015 that is a 9% increase in sales dollars.
When I work with clients one of the most imporant aspects of setting the right price is reviewing these types of details... The correct pricing comes from a variety of details and the mix of homes that sold is very key. It's like baking a cake one left out ingredient and the cake just doesn't taste that great!
Wondering what your home would sell for in today's market.. you might be surprised Kelly Turbeville a call to review.
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