Here is the break-down and interesting facts for what is going on for July 1, 2009 for Placentia real estate / Placentia homes from your Placentia Realtor, Nic Petrossi (714) 272-3646 Npetrossi@yahoo.com

There are 20 Condos for sale...10 of them are short sales. Almost 1/2 of the short sale condos are in Cinammon Tree complex at corner of Kraemer and Chapman.

There are 65 Single Family ("home home"s) for sale. Only 10 of those homes are over $700,000.

There are 60 Single Family residences IN ESCROW...that is an incredible statistic.

Call me when you're ready to talk about selling YOUR home!!! The market has shifted folks!

Nic Petrossi, Prudential CA Realty (714) 272-3646 Npetrossi@yahoo.com

Home Sales in Placentiaare really changing. We are seeing the numbers of homes that sold per week increase by 45% over last year. As far a inventory or available homes for sale, we are seeing a huge drop in numbers, minus 38%, which is really limiting the choice by buyers. For the "deals" or REO homes for sale, new listing of bank owned homes is at 38% of one year ago. Placentia currently has only 85 homes for sale, 60 being single family homes, with the remainder of 25 being condos. Placentia real estate is very short in supply.

Check for comparable neighborhood prices at www.foustonline.com, Home searches will help you to see what the market is saying. Also review neighborhoods to get a comparison of the areas.

Here are the numbers for Placentia single family homes (SFR's) as of June 11, 2009:

57 Homes ACTIVE

59 Homes in ESCROW

All I can say is WOW.

Call me, this is one heck of a time to sell your home!!!

Nic Petrossi, Prudential CA Realty

(714) 272-3646

npetrossi@yahoo.com

SOLD SOLD

Former model in a great location of the tract. No Mello Roos and low association dues. Nice floorplan with open kitchen, dining & family room and living room and formal dining still to enjoy. Neutral decorating. All 4 bedrooms are upstairs. Nice sized yard with private patio and plenty of room for entertaining. Walking distance to Kraemer and Valencia. Corner lot location with no one to the east. 

More Pictures and Info at 412 San Marino Ct., Placentia

Placentia Bank owned, Placentia foreclosures, Placentia reo, placentia repos, placentia homes for sale

Visit my website to search MLS for ALL Placentia Homes for Sale ------> Website

NIC PETROSSI, Prudential CA Realty in Brea

(714) 272-3646 Direct

npetrossi@yahoo.com