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 as 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.
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Real Estate guides, information, and insights from Realtor TEAM FOUST, specializing in Fullerton Real Estate and Brea, Anaheim, Yorba Linda, Placentia, La Habra, and La Mirada real estate / investing
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Sorry for any confusion -- while the county data is of course the same, the actual data or numbers for Placentia are very different than for Fullerton (much lower due to the smaller size of the city). I will try to make it more clear in any future posts. Again sorry for the confusion.