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April 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 April 2012

 

SIGNS OF STABILIZATION IN THE PLACENTIA REAL ESTATE MARKET

The Placentia real estate market is showing signs of stabilization and recovery, as the number of active real estate listings in Placentia, California decreased for the second, consecutive month, while the number of pending sales and closed real estate sales in Placentia increased month over month. And, although the decrease in available Placentia inventory is not staggering, it's still a positive sign, considering that there is typically an increase in homes and condos for sale at this time of year.

Graph Comparing the Number of Active, Pending and Sold Properties in Placentia CA in March and April 2012

ACTIVE REAL ESTATE LISTINGS IN PLACENTIA CA = 88

  • Lowest priced property for sale in Placentia, CA - $149,000.00
  • Highest priced property for sale in Placentia, CA - $699,990.00

Placentia CA Active Real Estate Listings By Property Type:

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

Placentia CA Active Real Estate Listing By Sales Type:

  • 44 Standard
  • 8 REO*
  • 33 Short Sale**
  • 3 Other (Relocation Sale, Probate Sale, etc...)

Graph Showing the Percentage of Foreclosures, Short Sales, and Standard Real Estate For Sale in Placentia CA

Placentia CA Active Real Estate Listings By Price Range:

  • 32 Orange properties priced above $500,000.00
  • 56 Orange properties priced at or below $500,000.00

PLACENTIA CA PROPERTIES IN PENDING AND BACK UP STATUS = 122

Pending Placentia CA Properties By Sales Type:

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

Graph Showing the Percentage of Pending Foreclosures, Short Sales, and Standard Real Estate Listings in Placentia CA

PLACENTIA CA PROPERTIES SOLD IN APRIL 2012 = 36

  • Lowest Placentia, CA real estate sale - $100,000.00
  • Highest Placentia, CA real estate sale - $700,000.00

What can you get for your money in Placentia CA?

For $100,000.00 you can buy a condo in Placentia, California with the following features and amenities:

  • 2 Bedrooms
  • 2 Baths
  • 929 SF
  • Built in 1972
  • 92870 Zip Code

For $700,000.00 you can buy a home in Placentia, California with the following features and amenities:

  • 4 Bedrooms
  • 3 Baths
  • 3,100 SF
  • 6,996 SF Lot
  • 3 Car Attached Garage
  • Built in 2005
  • Highly Upgraded
  • Crown Molding Throughout
  • Built-In BBQ
  • Outdoor Fireplace
  • Located in the Rose Crest Tract - Near Alta Vista Golf Course
  • Valencia High School
  • 92870 Zip Code

 Placentia CA Properties Sold By Sales Type:

  • 17 Standard Sales
  • 5 REO Sales*
  • 11 Short Sales**
  • 3 Other (Relocation Sales, Probate Sales, etc...)

Graph Showing the Percentage of Foreclosures, Short Sales, and Standard Real Estate Listings Sold 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 May 1st, 2012.

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