Namneet Dhaliwal, Real Estate Broker

Placentia, CA

Single-Family Homes

www.zonerealty.com | (714)932-9409 | namneet@zonerealty.com



Placentia, CA

Sun Mar 03 2024
This week the median list price for Placentia, CA is $1,024,950 with the market action index hovering around 72. This is an increase over last month's market action index of 69. Inventory has increased to 12. Click here to stay informed with the Placentia market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Placentia, CA

Sun Mar 03 2024
This week the median list price for Placentia, CA is $1,024,950 with the market action index hovering around 72. This is an increase over last month's market action index of 69. Inventory has increased to 12. Click here to stay informed with the Placentia market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Placentia market.
Median List Price $1,024,950
Median Price of New Listings $1,047,450
Per Square Foot $616
Average Days on Market 93
Median Days on Market 4
Price Decreased 8%
Price Increased 17%
Relisted 8%
Inventory 12
Median Rent
Market Action 72
Strong Seller's Market

Again this week we see a downward notch for prices. Prices continue to pull back from the market’s highs. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,393,888 2,052 6,500 - 8,000 sqft 5 3 57 1 1 21
$1,095,000 1,926 6,500 - 8,000 sqft 4 2 61 2 3 0
$900,000 1,823 6,500 - 8,000 sqft 3 2 61 3 2 0
$845,000 1,144 4,500 - 6,500 sqft 3 2 67 0 3 84