Home Sales in Placentiaare really changing. We are seeing the numbers of homes that sold per week increase by 45% over last year. As far as inventory or available homes for sale, we are seeing a huge drop in numbers, minus 38%, which is really limiting the choice by buyers. For the "deals" or REO homes for sale, new listing of bank owned homes is at 38% of one year ago. Placentia currently has only 85 homes for sale, 60 being single family homes, with the remainder of 25 being condos. Placentia real estate is very short in supply.
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