July 22, 2015
Let’s check in with Portofino, a community of newer homes and plenty of amenities. With only two homes on the market equaling only 1.7 months of inventory, we are looking at a seller’s market.
A six-month inventory suggests a balanced market, and because inventory is so low in Portofino, if you are thinking about listing your home here, now may be a good time. There certainly aren’t many listings to compete with!
Furthermore, the average price per square foot as well as the average sales price are trending upwards, which also bodes well for those thinking of selling.
