$10,000 Closing Credit*
$1,255,000
2,239 SqFt
5 Beds
•2 Full Baths
Cynthia Ng, Listing Office: LionHeart Heroes, Inc.
Is Placentia, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$1,008,333
$580/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$63,333(+6.7%)
Key Takeaway
Homes in Placentia have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Placentia was $1,008,333 in November 2024, up 6.7% from last year, and the median price per square foot was $580.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $511K | $597.8K | +17.0% |
| 2 Bedrooms | $580K | $619K | +6.7% |
| 3 Bedrooms | $875K | $940K | +7.4% |
| 4 Bedrooms | $1.0M | $1.1M | +12.9% |
| 5+ Bedrooms | $1.2M | $1.3M | +9.4% |
Summary: Placentia housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 9.4%.
Median Sold Price Compared To Nearby Cities
| Brea | $976K | $1.1M | +13.2% |
| Yorba Linda | $1.1M | $1.3M | +11.9% |
| Fullerton | $884.3K | $980.3K | +10.9% |
| Anaheim | $825.4K | $904.4K | +9.6% |
| Placentia | $945K | $1.0M | +6.7% |
Housing Supply in Placentia, CA
How many homes are available in Placentia, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 101 | 83 | -17.8% |
Summary: The Placentia real estate market had 83 homes for sale in November 2024, a 17.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 22 | 18 | -18.2% |
| 3 Bedrooms | 30 | 22 | -26.7% |
| 4 Bedrooms | 35 | 31 | -11.4% |
| 5+ Bedrooms | 12 | 9 | -25.0% |
Summary: The Placentia housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 18.2%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 30 | -21.1% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Placentia, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in Placentia in November 2024, down by 21.1% month-over-month. Of the 30 sold homes, 53% were sold under asking, 17% were sold at asking, and 30% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 35 Days | +143.8% |
Summary: Homes in Placentia had an average of 35 days on market in Nov 2024, up by 143.8% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Placentia are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 30 homes were sold in Placentia; 63% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 7% 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.