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Placentia, CA Real Estate News

By Momentum Realty, Orange County CA Real Estate Agent
(North Orange County CA Real Estate Specialists)
REAL ESTATE LISTINGS RISE, BUT INVENTORY SHORTAGE PERSISTS IN PLACENTIA Although real estate listings shot up 77.8% on a month to month basis, the number of homes for sales in Placentia remained incredibly low in June 2013. Additionally, when compared to one year earlier, there were still 23.8% fewer properties for sale at the end of June. This is very unusual for this time of year, when real estate listings are typically at their peak. The extremely low inventory level in Placentia has caused home prices to rise rapidly over the past 12 months, as potential home buyers continue to compete in bidding wars for desirable properties. Pending home sales were relatively flat between May and June, but reflected an increase of 10.6% year over year. Considering the low number of homes for sale ...
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By Momentum Realty, Orange County CA Real Estate Agent
(North Orange County CA Real Estate Specialists)
PLACENTIA CA REAL ESTATE LISTINGS HIT A NEW LOW The number of homes for sale in Placentia, California fell to the lowest level in the past 17 months that I've been tracking these figures. As of the end of May, 2013, there were just over 2 dozen total properties for sale in Placentia, and only 7 of those were condos. Attaining an entry level home in Placentia has become nearly impossible, and prices continue to push higher due to the lack of inventory and ensuing bidding wars.  A decrease in inventory is extremely unusual at this time of year, and I would have expected to see more summer sellers entering the market, especially with the recent surge in home prices. Pending home sales were virtually unchanged between April and May. However, pending sales figures in May 2013 reflected a 37....
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By Momentum Realty, Orange County CA Real Estate Agent
(North Orange County CA Real Estate Specialists)
MAJORITY OF PLACENTIA REAL ESTATE SALES CLOSE HIGHER THAN THE ASKING PRICE The number of homes for sale in Placentia, California inched up month over month, but remained far below the number of available listings documented one year earlier. Closed real estate sales fell off a bit, between March and April 2013, but posted a year over year increase. A drop in sales was inevitable, given the short supply of real estate listings in Placentia. In April 2013, the majority of real estate sales in Placentia, California closed at or above the list price. ACTIVE REAL ESTATE LISTINGS IN PLACENTIA CA = 35 Highest and Lowest Priced Real Estate Listing in Placentia CA Lowest priced property for sale in Placentia, CA - $189,900.00 Highest priced property for sale in Placentia, CA - $998,000.00 Placen...
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By Momentum Realty, Orange County CA Real Estate Agent
(North Orange County CA Real Estate Specialists)
BIDDING WARS PUSH PRICES HIGHER IN PLACENTIA CA By the end of March 2013, the number of homes for sale in Placentia dropped to its lowest level since December of last year, falling by more than 17% month over month. And, although Placentia real estate listings fluctuated over the past 12 months, the decreases in inventory were predominant, which led to a year over year decline of 65.2%. Home prices continued to inch up in Placentia, California, due to the incredibly low inventory of homes for sale in March 2013, and ensuing bidding wars. It remains a seller's market in Placentia, and there are no signs of change on the horizon. Active Real Estate Listings in Placentia CA = 33 Highest and Lowest Priced Real Estate Listing in Placentia CA Lowest priced property for sale in Placentia, CA -...
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By Momentum Realty, Orange County CA Real Estate Agent
(North Orange County CA Real Estate Specialists)
LISTINGS UP, BUT THE INVENTORY SHORTAGE PERSISTS IN PLACENTIA CA The number of homes for sale in Placentia, California increased by 14.2% month over month. However, when compared to one year earlier, there were 61.5% fewer active real estate listings in Placentia at the end of February 2013. Although listings were up in February, there is still a major inventory shortage. Buyers continue to compete in bidding wars for desirable properties, and the upward pressure on home prices has left very few entry level properties available. As of the end of February 2013, there were just over 1 dozen homes for sale in Placentia, listed at or below $500,000, and 7 of those properties were condos. It is currently a seller's market in Placentia, California. Active Real Estate Listings in Placentia CA ...
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By Momentum Realty, Orange County CA Real Estate Agent
(North Orange County CA Real Estate Specialists)
FORECLOSURE AND SHORT SALE LISTINGS DROP BY MORE THAN 80 PERCENT IN PLACENTIA CA Although real estate listings increased in Placentia, California on a month to month basis, there were still 63.9% fewer homes for sale in Placentia at the end of January 2013 as compared to one year ago. Even with the monthly increase, there are less than 3 dozen properties for sale in the city of Placentia, and distressed listings are nearly non-existent. In fact, in the past year, foreclosure and short sale listings have each dropped by more than 80%. The Placentia real estate market is stable and home prices have risen over the past 12 months. Houses and condos in Placentia sell quickly when they're priced appropriately, and multiple offers and bidding wars have become common place. Active Real Estate L...
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By Momentum Realty, Orange County CA Real Estate Agent
(North Orange County CA Real Estate Specialists)
SELLERS MARKET IN PLACENTIA CA DUE TO ULTRA LOW INVENTORY OF HOMES FOR SALE Real estate listings have fallen to an unbelievably low level in Placentia, California. As of the end of December 2012, the number of homes for sale in Placentia had dropped by 30%, when compared to the previous month, and had plummeted by a staggering 71.1% compared to the number of listings in January. This unprecedented low level of real estate listings continues to cause bidding wars on desirable properties and is pushing home prices up in Placentia. As of now, it is definitely a seller's market in Placentia, California. Active Real Estate Listings in Placentia CA = 28 Highest and Lowest Priced Real Estate Listing in Placentia CA Lowest priced property for sale in Placentia, CA - $142,800.00 Highest priced p...
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By Momentum Realty, Orange County CA Real Estate Agent
(North Orange County CA Real Estate Specialists)
HOME PRICES CONTINUE TO INCREASE IN PLACENTIA CA Placentia, California real estate listings fell for the 4th consecutive month by the end of November 2012, and have dropped by an astounding 58.7% since January. The nearly 15% month over month decline was the result of fewer standard and foreclosure listings, while active short sales in Placentia held steady. The insanely low inventory couple with an increase in demand continued to drive home prices higher in November. This is due to the multiple offers and bidding wars, which  are now customary when a property is listed for sale in Placentia. Active Real Estate Listings in Placentia CA = 40 Highest and Lowest Priced Real Estate Listing in Placentia CA Lowest priced property for sale in Placentia, CA - $130,000.00 Highest priced property...
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By Ryan Case, 877-828-0710
(SCA Real Estate)
  Placentia Homes For Sale If you are currently looking to purchase a home for sale in Placentia California, but don't know where to begin, SCA Real Estate is here to help! Our friendly Realtors can provide you with instant access which will allow you to view all Placentia Homes For Sale with the simple click of your mouse!   Placentia MLS Home Search  Often times Real Estate websites can be confusing and misleading, and most have outdated data! Our Placentia Homes website is updated daily, which means you will only be shown Homes for sale in Placentia that are actually available!, vs homes that are pending or already sold.    Work with a top Placentia Realtor When you choose to hire an experienced and knowledgeable Placentia Realtor, it can & will make all the difference in the world b...
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By Momentum Realty, Orange County CA Real Estate Agent
(North Orange County CA Real Estate Specialists)
ANOTHER DOUBLE DIGIT DROP IN REAL ESTATE LISTINGS IN PLACENTIA CA The real estate inventory level hit a new low in Placentia, California, with less than 50 properties for sale throughout the entire city. The number of homes for sale in Placentia, California in October reflected a 14.5% drop from the previous month, and sits at 51.5% below the number of available homes documented in January. Listings have fallen in all categories in 2012, but short sales have experienced the biggest decrease, plummeting by nearly 80% since the beginning of the year. Move up properties in Placentia have gained in popularity in recent months, and are put into escrow quickly; the number of available properties for sale in the $500,000 and up category dropped from 23 listings in September, to only 12 in Octo...
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By Momentum Realty, Orange County CA Real Estate Agent
(North Orange County CA Real Estate Specialists)
LOW SUPPLY AND HIGH DEMAND PUSH PLACENTIA CA REAL ESTATE PRICES HIGHER The ultra low inventory of homes for sale in Placentia, California persisted last month, and active listings fell another 1.7% from August to September 2012. Overall, the real estate inventory in Placentia has dropped by over 43% since the beginning of the year, with the bulk of the decrease coming from the reduction in available short sales. This is due, in large part, to the acceptance of short sales as a viable option for home buyers, and the positive changes that lenders have made, to reduce the time and headache involved in the short sale process. The overwhelming lack of inventory, combined with an increased demand for homes in the Placentia area has caused multiple offer scenarios on desirable properties and a...
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By Nic Petrossi, NIC PETROSSI
(TNG Real Estate Consultants)
868 CAREW DRIVE is located in Champions Park Sports Complex  Click on Photo Below for More Photos  This Property is for sale with Nic Petrossi from TNG Real Estate Consultants. Call Nic on his cell at (714) 272-3646 or email npetrossi@yahoo.com     
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By Momentum Realty, Orange County CA Real Estate Agent
(North Orange County CA Real Estate Specialists)
PLACENTIA CA REAL ESTATE LISTINGS DROP OVER 16% Placentia, California real estate listings dropped by more than 16% from the end of July to August 2012. This has become a positive trend this year, with home sales in Placentia falling 42.2% since January. Properties have decreased across all listing types, and Placentia homes for sale at or below $500,000 are most popular and difficult to find. In addition, condo listings in Placentia have all but disappeared, with less than 2 dozen on the market, as of the end of August 2012. Due to the lack of available real estate listings in Placentia, California, multiple offers and overbids are now a regular occurrence, and anticipated, on desirable properties. Active Real Estate Listings in Placentia CA = 56 Highest and Lowest Priced Real Estate L...
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By Denny and Denise Rockwell, Real Estate Professionals, Staging & Design
(Berkshire Hathaway HomeServices California Properties)
City of Placentia Heritage Festival and Parade - Photos Tri City Park Photos - click on link http://www.placentia.org/gallery.aspx?AID=15 When: October 13, 2012      Time: 6:30am - 6pm Pancake Breakfast: 6:30am — 10am Parade: Starts 9:30am Tri-City Park 2301 N. Kraemer Blvd (map) Phone: (714) 993-8232More info: Event website The Heritage Festival and Parade begins with the Chamber of Commerce Pancake Breakfast, held from 6:30am to 10am at Tri-City Park. Here, you can watch the parade, which begins at 9:30am. It will travel from Morse Ave. north on Kraemer to Tri-City Park so you can eat and enjoy the festivities. http://www.placentia.org/index.aspx?NID=357 The Heritage Festival will follow the parade and will be held at Tri-City Park located on Kraemer Boulevard at Golden Avenue. The fe...
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By Momentum Realty, Orange County CA Real Estate Agent
(North Orange County CA Real Estate Specialists)
MULTIPLE OFFERS AND LACK OF INVENTORY PERSIST IN PLACENTIA CA Placentia, California real estate listings inched up by a modest 6.3% from June to July 2012. However, the total number of homes and condos for sale in Placentia remains extremely low as the inventory has decreased by almost 31% since January. The number of foreclosure properties available in Placentia, in July, were identical to those documented in January, and are nearly non-existent. Desirable properties are often pending within a short period of time in Placentia, and traditional home buyers continue to compete with real estate investors for homes under $500,000. Multiple offers are now commonplace in Placentia, California as there is a definite lack of supply, to fill the current demand.  Active Real Estate Listings in P...
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By Tina Maraj, Celebrating 30 Years of Real Estate Sales
(RE/MAX One)
  I made this same report last year and it shows this market has changed since the summer of 2011.     Single Family Homes   Available for sale—56 in 2012/ 112 in 2011   Lowest List Price-$239,900 in 2012/ 122,000 in 2011   Highest List Price -$810,000 in 2012/ $859,000 in 2011   In Escrow-86 in 2012 / 62 in 2011   Closed Escrow– 44 in 2012/ Only 20 in 2011   Lowest  Sales Price-$201,000in 2012/ $240,000 in 2011   Average Sales Price– $443,877 in 2012/ $504,900   Highest Sales Price-$729,000 in 2012/ $848,000 in 2011   Condos/Town Homes   Available for sale– 8 in 2012 / 34 in 2011   Lowest List Price-149,000 in 2012/ $90,800 in 2011   Highest List Price-$499,000 in 2012/ $429,900 in 2011   In Escrow-33 in 2012/ 29 in 2011   Closed Escrow– 14 in 2012/ 8 in 2011   Lowest  Sales Price-$105...
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By Momentum Realty, Orange County CA Real Estate Agent
(North Orange County CA Real Estate Specialists)
ACTIVE REAL ESTATE LISTINGS HARD TO FIND IN PLACENTIA CA Active real estate listings remained virtually unchanged from May to June 2012, with only a 3% decrease in homes and condos for sale in Placentia, California. However, the number of available properties in Placentia has plummeted 35% since the end of January of this year, and is at an extremely low level. This is especially true in the condo market, as there are only 13 condos for sale throughout the entire city of Placentia, California. The incredibly low inventory has led to multiple offer situations on desirable homes and condos, and has placed a bit of upward pressure on real estate prices in Placentia. Active Real Estate Listings in Placentia CA = 63 Lowest priced property for sale in Placentia, CA - $99,800.00 Highest priced...
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By Momentum Realty, Orange County CA Real Estate Agent
(North Orange County CA Real Estate Specialists)
Placentia CA Real Estate Market Report For The Month Of May 2012    PLACENTIA CA REAL ESTATE INVENTORY VANISHING For the third month in a row, the inventory of available homes and condos in Placentia, California dropped, as pending and closed sales crept higher. In fact, since January of this year, the inventory of property for sale in Placentia has decreased by a staggering 32.9%.  It's important to note that this is extremely unusual for this time of year, when we would typically see Placentia real estate listings increase. In addition, there has been a drastic reduction in the number of foreclosure and short sale listings in Placentia, which is a positive market indicator. ACTIVE REAL ESTATE LISTINGS IN PLACENTIA CA = 65 Lowest priced property for sale in Placentia, CA - $103,900.00 ...
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By David Robinson, Call Now (877) 828-0710
(Lloyd Cullen Real Estate)
Lloyd Cullen Real Estate is a local Placentia Short Sale Expert. As a Placentia Short Sale Company that specializes in short sales, you are assured the highest standard of professionalism and can always count on our Placentia Short Sale Realtor to help answer any questions you have in regards to Placentia Short Sales. Short Sale Placentia CA Lloyd Cullen is a local Placentia Short Sale Expert with experienced Placentia Short Sale Agents here to assist you.   Short Sale Placentia CA We specialize in Short Sales for Placentia and Surrounding Areas What is the one thing that is scaring you the most about possibly short selling your Placentia home? Chances are that you are most afraid of not knowing exactly what is going to happen if you decide to hire a Placentia Short Sale Expert. You may...
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By Tom Bashe
(SCA Real Estate - Call Now)
Lloyd Cullen Real Estate is a local Placentia Short Sale Realtor. As a Placentia Short Sale Company that specializes in short sales, you are assured the highest standard of professionalism and can always count on our Placentia Short Sale Realtor to help answer any questions you have in regards to Placentia Short Sales. Placentia Short Sale Realtor Lloyd Cullen is a local Placentia Short Sale Expert with experienced Placentia Short Sale Agents here to assist you.   Placentia Short Sale Realtor We specialize in Short Sales for Placentia and Surrounding Areas When considering your options during the pre-foreclosure process in Placentia, some agents will tell you that banks will forgive the remaining debt if the home is foreclosed upon. This is untrue. At Lloyd Cullen Real Estate, Our Place...
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