$10,000 Closing Credit*
$899,000
1,468 SqFt
3 Beds
•2 Full Baths, 1 Partial
Mandy Hobson, Listing Office: Circa Properties, Inc.
Is Placentia, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Placentia has remained a Seller's Market.
Key Takeaway
Placentia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Placentia, CA
How much do homes in Placentia, CA cost?
Median Sold Price
$1,028,066
$576/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$101,400(+10.9%)
Key Takeaway
Homes in Placentia have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in Placentia was $1,028,066 in October 2024, up 10.9% from last year, and the median price per square foot was $576.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $460K | $581.4K | +26.4% |
| 2 Bedrooms | $571K | $614K | +7.5% |
| 3 Bedrooms | $854.5K | $940K | +10.0% |
| 4 Bedrooms | $1.0M | $1.1M | +11.7% |
| 5+ Bedrooms | $1.2M | $1.3M | +12.4% |
Summary: Placentia housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.4%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 12.4%.
Median Sold Price Compared To Nearby Cities
| Yorba Linda | $1.1M | $1.3M | +14.4% |
| Brea | $975K | $1.1M | +13.3% |
| Placentia | $926.6K | $1.0M | +10.9% |
| Anaheim | $820K | $902.4K | +10.1% |
| Fullerton | $880K | $965.9K | +9.8% |
Housing Supply in Placentia, CA
How many homes are available in Placentia, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 106 | 102 | -3.8% |
Summary: The Placentia real estate market had 102 homes for sale in October 2024, a 3.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 23 | 26 | +13.0% |
| 3 Bedrooms | 37 | 29 | -21.6% |
| 4 Bedrooms | 33 | 33 | 0.0% |
| 5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Placentia housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13%, 3 bedroom homes decreased by 21.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 37 | +32.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Placentia, you could pay more than the asking price. 54.1% of homes here sold above asking price last month.
Summary: A total of 37 homes were sold or pending in Placentia in October 2024, up by 32.1% month-over-month. Of the 37 sold homes, 30% were sold under asking, 16% were sold at asking, and 54% were sold over asking.
Days on Market for Placentia, CA
How long does it take to sell a home in Placentia, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 30 Days | +73.9% |
Summary: Homes in Placentia had an average of 30 days on market in Oct 2024, up by 73.9% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Placentia are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 37 homes were sold in Placentia; 59% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.