Few condos on the local market | EpiPak

The following update on local real estate information is based on Multiple Listing Service data as of Monday.

Placentia inventory slightly declined last week. There were only 10 condos listed for sale with a median price of $270,000.

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Yorba Linda inventory also saw a slightly declined last week. Only 17 condos were listed for sale. The median-priced condo was $284,900.

PLACENTIA

Properties available: 64

Condominiums: 10

Houses: 54

Short sales: 16

REOs: 7

Median condo price: $270,000

Median house price: $499,900

Average days on market: 67

Condos: The median-priced condo features 2 bedrooms, 2 bathrooms, 1,066 interior square feet and a 2-car garage. This bank-owned Woodfield condo is listed for $270,000.

Houses: The median-priced home features 4 bedrooms, 2 bathrooms, 1,862 interior square feet on a 7,130-square-foot lot and a pool. This bank-owned home is listed for $499,900.

Price range of available properties:

$250,000 ? $499,999: 33

$500,000 ? $749,999: 24

Properties put into escrow last week: 9

List price range: $169,000 ? $919,000

Description: 2 condos, 7 houses

Average time on market: 55

Most expensive properties: One of the most expensive properties put into escrow features 4 bedrooms, 4 bathrooms, 3,355 interior square feet and a 7,000-square-foot lot, spa and a view of the Alta Vista golf course. This home is listed for $919,000. The actual sales price cannot be disclosed until after the property closes escrow.

YORBA LINDA

Properties available: 167

Condominiums: 17

Houses: 150

Short sales: 16

REOs: 3

Median condo price: $284,900

Median price of house in 92886 area: $899,000

Median price of house in 92887 area: $848,000

Average days on market: 84

Condos: The median-priced condo features 3 bedrooms, 2.5 bathrooms, 1,179 interior square feet, one-car garage and HOA dues of $325 per month. This Fairmont Hills condo is listed for $284,900.

Houses: The median-priced home in the 92887 area features 4 bedrooms, 3 bathrooms, 3,100 interior square feet on a 15,000-square-foot lot, view, pool and spa. This home is listed for $848,000.

Price range of available properties:

$500,000 ? $749,999: 47

$750,000 ? $999,999: 40

$1,000,000 ? $1,499,999: 32

$1,500,000 ? $1,999,999: 14

Properties put into escrow last week: 14

List price range: $194,000 ? $1,181,000

Description: 3 condos, 11 houses

Average time on market: 29

Most expensive properties: One of the most expensive properties put into escrow features 5 bedrooms, 4.5 bathrooms, 5,200 interior square feet and a 13,232-square-foot lot. This bank-owned home is listed for $1,181,000. The actual sales price cannot be disclosed until after the property closes escrow.

Steve Vartanian and Terry Short are Realtors with First Team Real Estate. You may contact them at 714-390-0671, email or visit their website at gotosteveandterry.com.

Source: http://epipak.org/few-condos-on-the-local-market/

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