How does the real estate market look in Portola CA you may ask? Well, it looks better than ever at this point and time. Just like most of the country the real estate market in Portola is at one of its highest points. With homes selling for more money and a high buyer demand Portola is a hot commodity. With buyers coming out of the bay area and surrounding areas with a demand for privacy in the sierras is quite evident. Also, with home prices in Tahoe and Truckee a push to the Sierra Valley and surrounding areas is in full swing. With our new office located at Grizzly Ranch we have a great understanding of what this market looks like and where it might be heading. With multiple calls a week for buyers looking in and around the Portola area we can see that there is a high buyer demand in the area. What might be the reasoning for this? Well, buyers are trying to get away from the city life and get into the privacy and space of the Sierra’s. With lower home prices compared to Truckee or Tahoe the next option would be the Sierra Valley and surrounding areas with reasonable prices still available. With multiple homes hitting the market every week and these homes pending within a few weeks just shows that the demand is there. If you are looking for real estate in the Sierra Valley or surrounding areas reach out to one of our professional agents here at CENTURY 21. If you are looking for a market analysis on your home, please see the link below.
https://www.tahoenorthrealestate.com/resources/whats-my-home-worth/