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Placentia ~ CA ~ Real Estate Market Report for October 2007

By
Real Estate Broker/Owner with Preferred Home Brokers 00402040

Placentia is a wonderful residential community in Orange County, CA. Placentia's name comes from the word pleasant in Spanish. The community is also known for fine award winning schools within the Placentia-Linda School District.

The real estate market report for sales/market activity for October 2007 is as follows:

Single family homes ~ $319,000 to $1,189,000.

Single family sales activity for October ~

  • 180 single family homes were for sale during October, up slightly from the prior month.
  • 6 homes sold enter escrow for the month.
  • 7 homes closed escrow in October..
  • 34 homes were taken off the market, or listings expired or withdrawn for the month-compared up only slightly from the prior month.

Condo data for October ~ Prices for condos/town-homes range from a beginning price of $179, 000 to $660,000.

Condominium sales activity for October ~

  • 79 condo/town-homes were for sale in the city. .
  • 7 of those properties were reported as sale pendings, currently in escrow for the month.
  • 4 properties closed escrow in October.
  • 14 properties were "off market" either the listing expired, was withdrawn from the market or cancelled.

Early Placentia History:At the turn of the century the area was ripe for agriculture.  In the early 20´s one of the early pioneers convinced the Santa Fe Railroad to re-route the tracks through the area. The area became known for oranges, avocados to name a few. Packing houses were built and that  was the beginning of putting this community on the map. Years later the growth was minimal, to some Placentia was considered to be in the country. The City incorporated in the 1920´s. Today the city is a great place to live with quiet residential streets.

If you lived in Placentia today you would be one  of approximately 53,000 residents and be:

  • 5 miles from Disneyland
  • 15 miles from John Wayne Airport
  • 40 miles from Los Angeles International Airport
  • 3 miles to Angel Stadium
  • Less than 2 miles from nearby Cal State University at Fullerton.

 

The photo to the left is a home just listed for $669,00 and is new to the market in Placentia. Walking distance to the award winning Golden Elementary School and nearby Koch Park.

Click here to see more on this traditional beauty at 2109 Mignon, to see more on this beautiful home.

To learn more on Placentia read "Proud in Placentia", to find out more about Placentia real estate contact: Preferred Home Brokers.

Preferred Home Brokers has proudly served Northern Orange County including Placentia for more than three decades. You can count on the experience and knowledge of the Preferred Realtors.

Comments(6)

Missy Caulk
Missy Caulk TEAM - Ann Arbor, MI
Savvy Realtor - Ann Arbor Real Estate
I love the black kitchen cabinets, I looked at the postlets. Great way to market it twice.
Nov 25, 2007 09:10 PM
Maggie Dokic /Indialantic | 321-252-8696
Magdalena Dokic - Indialantic, FL
Selling the beach in Florida's space coast
Lynda, I love how you fit in the distance to things around.  It puts things in perspective.  Very nice post!
Nov 26, 2007 01:53 AM
Mana Tulberg
805 County Real Estate - Camarillo, CA
Real Estate Agent - Camarillo CA
Lynda, Placenia for sure offers a big price range, something for every homebuyer.
Nov 26, 2007 02:47 AM
Lynda Eisenmann
Preferred Home Brokers - Brea, CA
Broker Associate ,CRS,GRI,SRES, Brea,CA, Orange Co

Missy ~ Thanks so much for the visit, and you're right about Postlets.

Maggie ~ Thank you. I've added the distance for two purposes, one for the perspective like you mentioned, it helps others connect with the location. I think it also helps is a prospective buyer determine if they need to commute to work.

Mana ~ You're right, a wide range of prices, although most are in $600-$700 range.

Nov 26, 2007 04:33 AM
Teri Eckholm
Boardman Realty - White Bear Lake, MN
REALTOR Serving Mpls/St Paul North & East Metro
Lynda--I love your marketing reports! So well laid out and full of information. The new listing at the bottom is presented very well! Good luck with the home1
Nov 26, 2007 09:12 AM
Lynda Eisenmann
Preferred Home Brokers - Brea, CA
Broker Associate ,CRS,GRI,SRES, Brea,CA, Orange Co
Teri ~ Thanks so much, good hearing from you.
Nov 26, 2007 10:45 AM