May 2012 Placentia CA Real Estate Market Report

By
Real Estate Agent with North Orange County CA Real Estate Specialists BRE# 01277795

Placentia CA Real Estate Market Report

For The Month Of May 2012 

 

PLACENTIA CA REAL ESTATE INVENTORY VANISHING

For the third month in a row, the inventory of available homes and condos in Placentia, California dropped, as pending and closed sales crept higher. In fact, since January of this year, the inventory of property for sale in Placentia has decreased by a staggering 32.9%.  It's important to note that this is extremely unusual for this time of year, when we would typically see Placentia real estate listings increase. In addition, there has been a drastic reduction in the number of foreclosure and short sale listings in Placentia, which is a positive market indicator.

Graph comparing active real estate listings in Placentia in January and May 2012

ACTIVE REAL ESTATE LISTINGS IN PLACENTIA CA = 65

  • Lowest priced property for sale in Placentia, CA - $103,900.00
  • Highest priced property for sale in Placentia, CA - $939,000.00

Placentia CA Active Real Estate Listings By Property Type:

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

Placentia CA Active Real Estate Listing By Sales Type:

  • 38 Standard
  • 5 REO*
  • 18 Short Sale**
  • 4 Other (Relocation Sale, Probate Sale, etc...)

Graph showing the percentage of active standard, foreclosure and short sale listings in placentia ca

Placentia CA Active Real Estate Listings By Price Range:

  • 26 Orange properties priced above $500,000.00
  • 39 Orange properties priced at or below $500,000.00

PLACENTIA CA PROPERTIES IN PENDING AND BACK UP STATUS = 142

Pending Placentia CA Properties By Sales Type:

  • 48 Standard
  • 14 REO*
  • 78 Short Sale**
  • 2 Other (Relocation Sale, Probate Sale, etc...)

Graph showing the percentage of pending standard, foreclosure and short sale real estate listings in placentia ca

PLACENTIA CA PROPERTIES SOLD IN MAY 2012 = 44

  • Lowest Placentia, CA real estate sale - $115,014.00
  • Highest Placentia, CA real estate sale - $725,000.00

What can you get for your money in Placentia CA?

For $115,014.00 you can buy a condo in Placentia, California with the following features and amenities:

  • 2 Bedrooms
  • 2 Baths
  • 929 SF
  • Built in 1972
  • $298 HOA Dues
  • All Cash Purchase
  • Placentia Yorba Linda Unified School District
  • Located Near the 57 Freeway
  • 92870 Zip Code

For $725,000.00 you can buy a home in Placentia, California with the following features and amenities:

  • 4 Bedrooms
  • 5 Baths
  • 3,584 SF
  • 10,097 SF Lot
  • 3 Car Attached Garage
  • Built in 2001
  • Upgraded
  • All Cash Purchase
  • Placentia Yorba Linda Unified School District
  • Located in North Placentia
  • 92870 Zip Code

 Placentia CA Properties Sold By Sales Type:

  • 27 Standard Sales
  • 7 REO Sales*
  • 9 Short Sales**
  • 1 Other (Relocation Sales, Probate Sales, etc...)

Graph showing the percentage of sold standard, foreclosure and short sale real estate listings in placentia ca

*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 June 1st, 2012.

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Virtual Business Card for Gina Lemos, Orange County Realtor

If You Would Like To Buy A Home In Orange County, Or The Surrounding Southern California Area, Or If You Would Like To Sell Your Orange County Property Or A Property In The Surrounding Southern California Area, Contact Us Today, For A Free, No Pressure Evaluation.

We Specialize In Real Estate Sales In North Orange County And The Bordering Riverside County Areas, Including Anaheim Hills, Brea, Corona, Fullerton, Norco, North Tustin, Orange, Orange Park Acres, Placentia, Tustin, Villa Park and Yorba Linda, California

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Topic:
Real Estate Market Trends
Location:
California Orange County Placentia
Groups:
Realestateandfunding
Tags:
market report
placentia ca
placentia real estate

Comments 1 New Comment

Rainer
803,200
Ronald DiLalla
No. Orange Cty Real Estate
Century 21 Discovery DRE 01813824

Hi Gina, always enjoy viewing stats and graphs from other communities.  Thanks for sharing with us.

June 05, 2012 03:26 PM
Rainer
297,047

Gina Lemos

Orange County CA Real Estate Agent
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Additional Information

North Orange County and Riverside County California Real Estate Sales: Anaheim Hills - Brea - Corona - Fullerton - Norco - North Tustin - Orange - Placentia - Tustin - Villa Park - Yorba Linda