Is Placentia, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Placentia has remained a Seller's Market.
Housing Prices in Placentia, CA
How much do homes in Placentia, CA cost?
Median Sold Price
$999,000
$544/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Placentia was $999,000 in April 2024, up 14.2% from last year, and the median price per square foot was $544.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $460K | $562K | +22.2% |
2 Bedrooms | $557.5K | $625K | +12.1% |
3 Bedrooms | $820K | $922.5K | +12.5% |
4 Bedrooms | $997K | $1.0M | +9.7% |
5+ Bedrooms | $1.1M | $1.2M | +11.5% |
Summary: Placentia housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 11.5%.
Median Sold Price Compared To Nearby Cities
Placentia | $875K | $999K | +14.2% |
Brea | $951.6K | $1.0M | +9.3% |
Anaheim | $810.2K | $864.6K | +6.7% |
Fullerton | $877.2K | $927.1K | +5.7% |
Yorba Linda | $1.1M | $1.2M | +4.7% |
Housing Supply in Placentia, CA
How many homes are available in Placentia, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
96 | 87 | -9.4% |
Summary: The Placentia real estate market had 87 homes for sale in April 2024, a 9.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 15 | 12 | -20.0% |
3 Bedrooms | 35 | 32 | -8.6% |
4 Bedrooms | 34 | 33 | -2.9% |
5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The Placentia housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 32 | -3.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Placentia in April 2024, down by 3.0% month-over-month. Of the 32 sold homes, 9% were sold under asking, 13% were sold at asking, and 78% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 19 Days | -39.6% |
Summary: Homes in Placentia had an average of 19 days on market in Apr 2024, down by 39.6% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 32 homes were sold in Placentia; 91% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.