August 2026 Market Data •Redfin City-Limits Figures

Here’s where the Placentia market stands as of August 2026, the most recent full month of closings, with year-over-year comparisons to August 2025. Figures are Redfin city-limits data.

At a Glance — Placentia, August 2026

“Competition” reflects Redfin’s Compete Score — a 0–100 rating of how hard buyers compete for homes over the trailing three months, based on how many offers homes receive, how often they sell above asking, how quickly they go pending, and the sale-to-list ratio.

Prices and Pace

Placentia closed August at a $1,149,239 median, up 4.5% from last August and essentially level with its June reading — the steadiest median in northeast Orange County. Volume was lighter, with 87 closings, down 4.2% year over year.

Pace stayed fast. Median days on market fell six days from a year ago to 35, and the typical Placentia home goes pending in about 36 days. The city carries a very competitive rating with a Compete Score of 74, and homes there receive an average of three offers.

Where the Leverage Sits

Limited. The sale-to-list ratio came in at 100.3% — the average sale closed just above asking — and 47.5% of homes sold above list, nearly half and essentially unchanged from June. Price reductions held steady at 24.5%. This is one of the most stable competitive markets in the county: almost nothing in Placentia’s numbers moved meaningfully over the summer, in either direction.

What This Means for Buyers

With nearly half of sales closing above asking and a five-week clock, come prepared rather than come cheap. Full underwriting, short contingency periods and the ability to tour the first weekend are what win here. Have a plan for a possible appraisal gap before you write.

The aged listings are your opening — roughly a quarter of Placentia homes reduce before selling. Beyond that, the city’s neighborhoods differ more than the single median suggests, from established mid-century tracts to newer product near the Alta Vista corridor. Price your search off comparable sales in your target pocket.

What This Means for Sellers

The market is dependable and it is on your side. Average sales are closing slightly above asking, nearly half clear above list, and homes go pending in about five weeks. Price to recent comparable sales and expect multiple offers on a well-presented home.

Lighter volume — closings down 4.2% year over year — is the only soft note, and it means fewer buyers per listing than a year ago. That makes the opening number and the first weekend matter more, not less. With a 24.5% reduction rate, a quarter of sellers are still learning that lesson after the fact.

Bottom Line

Placentia is northeast Orange County’s steadiest market — up 4.5% year over year on a median that barely moved since June, closing slightly above asking with nearly half of homes selling over list and a five-week clock. Competitive and predictable, which favors prepared buyers and accurately priced sellers alike.

Data provided by Redfin (redfin.com). Figures are city-limits monthly data for August 2026; competitiveness and time-to-pending reflect Redfin’s trailing three-month Compete Score.

With nearly half of sales closing above asking and a five-week clock, come prepared rather than come cheap. Full underwriting, short contingency periods and the ability to tour the first weekend are what win here. Have a plan for a possible appraisal gap before you write.

The aged listings are your opening — roughly a quarter of Placentia homes reduce before selling. Beyond that, the city’s neighborhoods differ more than the single median suggests, from established mid-century tracts to newer product near the Alta Vista corridor. Price your search off comparable sales in your target pocket.

The market is dependable and it is on your side. Average sales are closing slightly above asking, nearly half clear above list, and homes go pending in about five weeks. Price to recent comparable sales and expect multiple offers on a well-presented home.

Lighter volume — closings down 4.2% year over year — is the only soft note, and it means fewer buyers per listing than a year ago. That makes the opening number and the first weekend matter more, not less. With a 24.5% reduction rate, a quarter of sellers are still learning that lesson after the fact.