Portola Hills August 2015 has 37% increase in home sales!

By
Real Estate Agent with Keller Williams CA.BRE# 01395219
Historically August is a quiet month in the real estate market, people are finishing up vacations and getting kids ready for school, etc.  In Portola Hills however this wasn't the case when it comes to the number of homes that sold, as we saw a 37% increase in the number of closed escrows over August of 2014.
 
In 2014 5 homes closed escrow in 2015 8 homes closed escrow...   Below is a breakdown of what homes sold in both years.
 
 
As you will note this last month, 8 homes successfully closed escrow with average price point of approximately $503,000.
 
In 2014, 5 homes closed escrow, with an average price point of $490,000.   
 
Comparing the two years in regards to pricing we saw a 9% increase in the sales prices.   Still outpacing Orange County as a whole, but down from the double digit price increase we saw in June and July.
 
With the last quarter, anticipated homes sales, can slow down.  In South Orange County we see this some, but not to the degree as some other areas.  The one thing we do see is the number of new listings coming on the real estate market will be less, which will put added pressure on the current inventory.   
 
If you are considering listing your home Portola Hills home, fall is great time to take advantage of the market.  Inventory will decrease, buyer demand is still high and with low rates, this September looks pretty enticing to still get top dollar for your home!
 
Give Kelly a call to review the current market and how it is best to position your home to receive a best possible offer!
 
Did you know Kelly Turbeville is already working for you... Check out some of our recent post on Portola Hills that include an informal Portola Hills video tours of the neighborhood.    We hope you like our creative approach to getting information out to about the Portola Hills community to home buyers.   We get great feedback and interest from our home buyers.... so if you are looking for a creative approach to getting your home sold, give us a call.
 
 
 
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Kelly's positive spirit, sound business and marketing skills, and experience negotiating multimillion dollar contracts all combine to make her one of the premier real estate professional in the communities of Portola Hills, Foothill Ranch, Lake Forest, Trabuco Canyon and throughout the Saddleback Valley.

 

 She takes a big-picture approach to make sure all of your goals, both short and long-term, are part of a larger plan that's guiding you towards success. Call Kelly to schedule a free consultation on how she can help you achieve your objectives. Whatever your Real Estate Dream is, with Kelly Turbeville at your side, It's Possible!

 

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The above information is provied for informational purposes only and is deemed reliable but not guarenteed. Based on information from California Regional Multiple Listing Service, Inc. as of [date the AOR/MLS data was obtained] and /or other sources. All property data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Topic:
Real Estate Market Trends
Location:
California Orange County Lake Forest Portola Hills
Groups:
Investors
Everything California
1st Time Buyers
The Single Home Buyer and Seller
Orange County Real Estate
Tags:
home buyers
realtor kelly turbeville
portola hills real estate market
portola hills august home sales

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Rainmaker
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John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Kelly - These are very valuable stats in Portola Hills for August 2015.

Sep 02, 2015 06:41 AM #1
Rainmaker
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Kelly Turbeville
Keller Williams - Lake Forest, CA
Turning Real Estate Dreams into Reality

Thanks John Pusa ... Appreciate the read.. 

Sep 03, 2015 06:10 AM #2
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Rainmaker
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Kelly Turbeville

Turning Real Estate Dreams into Reality
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