Placentia, CA

PLACENTIA CA REAL ESTATE MARKET REPORT

FOR THE MONTH OF FEBRUARY 2012

ACTIVE REAL ESTATE LISTINGS IN PLACENTIA CA = 104

• Lowest priced property for sale in Placentia, CA - $99,900.00
• Highest priced property for sale in Placentia, CA - $725,000.00

Placentia CA Active Real Estate Listings By Property Type:

• 75 Single Family Residence
• 29 Condo/Townhouse
• 0 Other (Land, Mobile Home, Mixed Use Property, etc...)

Placentia CA Active Real Estate Listing By Sales Type:

• 47 Standard
• 10 REO*
• 38 Short Sale**
• 9 Other (Relocation Sale, Probate Sale, etc...)

Placentia CA Active Real Estate Listings By Price Range:

• 37 Orange properties priced above $500,000.00
• 67 Orange properties priced at or below $500,000.00

PLACENTIA CA PROPERTIES IN PENDING AND BACK UP STATUS = 102

Pending Placentia CA Properties By Sales Type:

• 22 Standard
• 12 REO*
• 66 Short Sale**
• 2 Other (Relocation Sale, Probate Sale, etc...)

PLACENTIA CA PROPERTIES SOLD IN FEBRUARY 2012 = 23

• Lowest Placentia real estate sale - $109,000.00
• Highest Placentia real estate sale - $590,611.00

What can you get for your money in Placentia CA?

For $109,000.00 you can buy a condo in Placentia, California, with the following features and amenities:

• 3 Bedrooms
• 2 Baths
• 1,030 SF
• Built in 1972
• Stackable Laundry
• Located in the Cinnamon Tree Complex
• 92870 Zip Code

For $590,611.00 you can buy a home in Placentia, California, with the following features and amenities:

• 4 Bedrooms
• 3 Baths
• 2,375 SF
• 5,500 SF Lot
• 2 Car Attached Garage
• Built in 2011
• Highly Upgraded
• Model Home
• $15,000 Towards Flooring Upgrade or Closing Costs
• Located in the New Gated Community of Crescent Heights
• Valencia High School
• 92870 Zip Code

Placentia CA Properties Sold By Sales Type:

• 13 Standard Sales
• 5 REO Sales*
• 5 Short Sales**
• 0 Other (Relocation Sales, Probate Sales, etc...)

*REO: Real Estate Owned. Foreclosed properties currently owned by the lender.
** Short Sale: Properties that are still owned by the borrower, however the borrower is attempting to sell the property for less than what is owed to the lender, which requires lender approval.

Information contained in this market report was compiled from available MLS data as of March 1st, 2012.

RELATED ARTICLES:

• February 2012 Anaheim Hills CA Real Estate Market Report
• February 2012 Corona CA Real Estate Market Report
• February 2012 Brea CA Real Estate Market Report
• February 2012 Fullerton CA Real Estate Market Report
• January 2012 Placentia CA Real Estate Market Report

Real Estate Statistics For Placentia CA

For specific Placentia neighborhood sales information and current home values call Dave at 714 582-8075.

All the Placentia CA Real Estate Statistics and home prices below reflect the activity in the entire city.
Each individual neighborhood and/or area's statistics are different from others within the city. The factors that account for how a particular neighborhood is performing and valued in the current market are numerous and varying.

To obtain a much more precise FREE email report of any specific area or neighborhood, click on the link above. You will be able access an individually prepared report that will be customized for a specific area and include current real estate statistics like: what is available, how long has a particular property been for sale, what is in escrow and what has sold in a given neighborhood. The report also includes school and community information.

This page is dedicated to tracking the ongoing Placentia, CA monthly real estate market statistics and the number of available properties in the different pricing points. These are the statistics for February 2012.

The charts below reflect Single Family Homes (SFR) newly placed on the market for sale in Placentia CA in the month of February 2012. It also shows a breakdown of the of different asking price points as well as the average square footage in each pricing level for those homes that, as of March 3rd were still "Active" status listings in the Multiple Listing Service (MLS).

Below is the number of Single Family Homes that closed escrow during February. Included is a breakdown of the type of listing each closing was whether a standard equity sale, distressed or other. The month's closings were approximately 70% standard or equity sales.

Placentia condominium statistics for February 2012.

Below is the number of condominiums that closed escrow in February and the type of listing. Distressed properties accounted for 72% of the condo transactions that closed escrow.

Below is a chart that shows the current amount of active listings and those properties that are currently under contract and in escrow under either the "back-up" or "pending" status for both single family homes and condominiums. Also included is the current lowest asking price and highest asking priced properties.

To stay completely informed on the latest real estate statistics & trends or to shop for Placentia homes go to www.HomeDeals.com.

To see the Home Prices for Placentia's neighboring city Fullerton Click Here: Home Prices In Fullerton

All information deemed to be accurate as of 3/3/12 but not guaranteed.

Home Prices In Placentia, CA

Call Dave at 714 582-8075 to discover the asking price or current market value of any Placentia CA home.

The statistics below of course represent the overall activity of the entire city of Placentia. As the old adage goes the three most important considerations in evaluating real estate are in many instances location, location, location. Just as is the case in any city the overall Home Prices In Placentia, CA are varied depending on the specific neighborhood.

If you want an easy, free, no hassle way of discovering the current real estate pricing trends in your specific neighborhood just click on the graphic below and enter in the basic information about your property. Also, if you are considering purchasing in a particular area of interest all you need to do is enter the info for that area into the search boxes. You will receive instant guaranteed results that will help save you from perhaps making any missteps and help put more money in your pocket should you decided to buy or sell in the near future.

This page is dedicated to helping you track the latest Home Prices and sale trends in Placentia, CA.

Placentia's single family home (SFR) housing Active inventory decreased from 3 months ago. Pending sales and closed sales declined from 3 months ago. The statistics below are accurate as of 3/3/12.

The table below is for Single Family Homes (SFR).

Below is the recent market activity and prices for Placentia condominiums and townhomes.

Days on the Market

Days on Market is the period of time from the listing of the property for sale in the Multiple Listing service and either being sold or taken off the market. The Days on Market numbers should be taken into consideration with the Active Inventory and Average Sales Price numbers in order to make an informed decision regarding where the overall market is trending.

A low number of Days on Market indicates that the market is very active because either the prices are very desirable or the inventory levels are very low and the demand for the property is strong. In these circumstances, the average sales price would tend to rise. High inventory and decreasing average sales price will typically be accompanied by a larger Days on Market number.

Average Sales Price

The Average Sales Price is determined by analyzing the final selling prices of the properties sold in a specific market area within a 30 day period. The average sales price should not be taken as the definitive present "fair market value." There are several qualities to take into consideration, i.e.: square footage, year built, number of bedrooms and baths, location, etc., that will contribute to the actual appraisal value of the home. It is, however, a strong indicator of the trends in a given market area.

As with Active Inventory, fluctuations in the values may be of benefit to either the buyer or the seller. Scarcity of inventory will often coincide with higher average sales prices. When the average sales price starts to drop, the inventory will often increase, thus giving buyers greater leverage when negotiating a transaction.

If you also want to see the various Multiple Listing Service monthly statistics for the Placentia click on the following link: Placentia MLS Statistics.

It seems that the recent roller coaster nature of the economy and market has affected the home prices in Placentia in many of the exact same ways most other neighborhoods and regions have been impacted. With all the foreclosures, short sales and auctions contributing to the general uncertainty of just what's coming next. In such challenging times it is critical that we all stay as well informed as possible.

HomeDeals.com is a website that is specifically designed to help today's consumer stay completely abreast of all that's currently going on in the world of real estate.

All home price in Placentia CA information deemed to be accurate as of 3/3/12 but not guaranteed.

Placentia, California

Placentia, which is the Spanish word for "Pleasant Place to Live", is situated in the northern portion of Orange County, in Southern California. It is located near the Riverside 91 Freeway and the Orange 57 Freeway, and borders the cities of Yorba Linda, Anaheim, Anaheim Hills, Fullerton, and Brea, California.

The city of Placentia is approximately 25 miles from the beach, 40 miles from Downtown Los Angeles, and 10 miles from Disneyland.

Although the north Orange County city of Placentia was founded in the mid 1800's, the population had grown to a mere 5,000 by 1960. Today, however, the population has exploded to 50,533 residents, and Placentia anticipates even greater growth in the near future, due to a $20,000,000 Metrolink program and revitalization programs that will begin in 2013.

According to the US Census Bureau, the city of Placentia, California spans 6.6 square miles, and, as of 2010, there were 87.4 residents living per square mile.

Placentia School District

The Placentia Yorba Linda School District is well known, throughout the state, for its award winning district, which it shares with the neighboring city of Yorba Linda; A vast majority of the schools in the Placentia Yorba Linda Unified School District have been honored on numerous occasions with the National Blue Ribbon and California Distinguished School awards.

Additionally, 2 of the city's 4 high schools have made Newsweek's annual list of America's Best High Schools every year, with Esperanza High School ranking at #240, and Valencia High School ranking at #390 in the nation, in 2011.

Because of the notoriety, the Placentia-Yorba Linda Unified School District (PYLUSD) has become popular with families looking for an advanced education for their child, without having to pay for private school.

In addition to the full GATE programs offered at the magnet schools within PYLUSD, the Placentia Yorba Linda School District offers the world renowned International Baccalaureate (IB) Diploma Program as well as the Val Tech Program, at Valencia High School. These accelerated and prestigious programs were designed to provide an edge for graduates, when applying to leading universities. The IB and Val Tech programs allow students to acquire superior critical thinking skills, greater multicultural understanding, advanced foreign language ability, as well as technology skills in the areas of Arts and Communication, Business and Computer Science, or Science and Technology (Engineering).

What Makes Placentia, California Desirable?

There are numerous factors that contribute to the allure of Placentia, California which include the mix of quiet, family neighborhoods within a short distance of abundant shopping and restaurants. In addition, various neighborhoods throughout Placentia offer beautiful mountain and golf course views, and families are drawn to the area for its award winning and nationally acclaimed school district.

Another desirable attribute of Placentia, California is the warm weather and sunshine throughout the majority of the year; While Yorba Linda is a short 20 minute drive from the beach, it's far enough inland that the mornings are not overcast and the humidity level is low.

Placentia Real Estate And Housing

If you are looking to buy a home in Placentia, California, you'll find a variety of residential property types to choose from. Whether you're interested in traditional single family homes, homes with hills, city lights or golf course views, or condominium living, Placentia has what you're looking for!

The majority of the homes in Placentia, California were built from the 1960's, through the 1980's. However, there are more recent developments, many of which can be found near the Alta Vista Golf Club, and close to the border of neighboring city, Yorba Linda, California.

Placentia properties range from approximately $100,000 for a condo to $700,000+ for a newer, single family residence.

Check Out The Complete Placentia CA Community Report

Check out the complete Placentia, California Community Report, for more details about this wonderful city, including housing, occupation, income, and educational data and statistics. The full report also contains information about nearby parks, recreational facilities, colleges, transportation, hospitals, and more!

Related Articles:

• Fullerton CA Community Report
• Yorba Linda CA Community Report
• Brea CA Community Report
• Anaheim Hills CA Community Report

Placentia, Orange County

Real Estate Market Reports

& Trends for the Week of February 13

The following below is an exclusive report that contains real estate trends, graphs, market updates and home sales information for city of Placentia in Orange County. It is the latest report on the real estate market in the city including valuable forecast information for home buyers, sellers and real estate agents. These reports include data for specific zip code area of 92870 for Placentia.

- City of Placentia -

^ Click Here To Enlarge This Image ^

Placentia

Placentia - 92870 I Placentia - All Zip

Past Reports

Archives