Placentia Real Estate Market Extends Downward Trend in Contracts

Over the last 30 days, the Placentia market had a lift in home sales with 48. But as sales edged up, the number of pending transactions continued to decline, with a total of 24 contracts during the same period. Potential buyers should note that prices are coming down in Placentia, and for this period the median sales price slid from $622,000 to $600,000. With only two months of inventory and rising sales, Placentia is a definite seller's market.

Any of these new listings in Placentia could be your dream home, so be sure to check them out:

$946K   $439K   $699K  

Get started right now by checking out Placentia homes for sale or reviewing Placentia real estate trends.

Demographic facts about Placentia:

  • The median house value here is $439,000.
  • Average number of rainy days is 33 per year. (U.S. average: 100)
  • The unemployment rate for this area is 8.1%.
  • The students per teacher ratio in this area is 24.3:1. (15.3:1 = national average)

Data reported through 10/12/2016

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