Home Prices In Placentia, CA

Home Prices In Placentia, CA

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

Placentia's single family home (SFR) Active inventory increased from 3 months ago while pending sales declined from 3 months ago. The statistics below are accurate as of 3/2/2014.

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.

Call Dave at 714 481-5883 to instantly discover the asking price or current market value of any Placentia CA home.

The statistics above 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 form below.  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.

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 3/2/2014 but not guaranteed.