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

Placentia inventory remains stable. More than a third of the active inventory is priced at $500,000 and higher.

There was a slight increase in Yorba Linda inventory. Some 70 percent of the 16 new escrows last week had a list price of $600,000 and lower.

PLACENTIA

Properties available: 125

Condominiums: 34

Houses: 91

Short Sales: 44

REOs: 10

Median condo price: $237,600

Median house price: $499,900

Average time on market: 102

Condos: One of the most expensive attached condos features 3 bedrooms, 3.5 bathrooms, 2,417 interior square feet, 3-car garage and HOA dues of $71 per month. This condo is listed for $615,000

Houses: One of the most expensive homes features 5 bedrooms, 3 bathrooms, 3,200 interior square feet on an 8,690-square-foot lot, 3-car garage and a view of the city lights. This home is listed under short sale terms for $824,900.

Price range of available properties:

Under $500,000: 79

$500,000 – $749,999: 43

$750,000 – $999,999: 3

$1,000,000 and over: 0

Properties put into escrow last week: 11

List price range: $189,000 – $749,900

Description: 4 condos, 7 houses

Average time on market: 83

Most expensive properties: One of the most expensive properties put into escrow features 5 bedrooms, 3 bathrooms, 3,200 interior square feet on an 8,550-square-foot lot and a 3-car garage. This home is near Alta Vista golf course. The list price is $749,900. The actual sales price cannot be disclosed until after the property closes escrow.

YORBA LINDA

Properties available: 328

Condominiums: 83

Houses: 245

Short Sales: 85

REOs: 17

Median condo price: $250,000

Median price of house in 92886 area: $749,000

Median price of house in 92887 area: $699,000

Average days on market: 109

Condos: One of the most expensive attached condos features 4 bedrooms, 4.5 bathrooms, 3,000 interior square feet, 2-car garage and a panoramic view. This condo was built in 2004 and is listed for $815,000.

Houses: One of the most expensive homes in the 92886 area features 3 bedrooms, 2 bathrooms, 1,684 interior square feet, panoramic view and an 8.38-acre lot that is zoned residential estate. The list price is $4 million.

Price range of available properties:

Under $500,000: 113

$500,000 – $749,999: 100

$750,000 – $999,999: 50

$1,000,000 – $1,499,999: 39

$1,500,000 – $1,999,999: 15

$2,000,000 and up: 11

Properties put into escrow last week: 16

List price range: $190,000 – $1,298,000

Description: 6 condos, 10 houses

Average time on market: 53

Most expensive properties: One of the most expensive properties put into escrow features 5 bedrooms, 4.5 bathrooms, 4,600 interior square feet, 3-car garage and a pool and spa. This Vista Del Verde home is listed for $1,298,000. 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 714-693-1271, e-mail vartanian1@aol.com or visit their website at www.gotosteveandterry.com.