The following update on local real estate information is based on multiple listing service data as of Monday.

Placentia inventory has increased by 16 percent since the beginning of the year.

Yorba Linda had a strong week in sales with 25 new escrows. Inventory has increased by 17 percent since the beginning of the year.

PLACENTIA

Properties available: 152

Condominiums: 38

Houses: 114

Short Sales: 51

REOs: 9

Median condo price: $299,000

Median house price: $539,500

Average time on market: 77

Most expensive condos: One of the most expensive attached condos features 3 bedrooms, 3.5 bathrooms, 2,417 interior square feet, a 3-car garage and HOA dues of $71 per month. This condo was built in 2009 and is listed for $615,000.

Most expensive 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 mountain view. This home is listed under short sale terms for $824,900.

Price range of available properties:

Under $500,000: 85

$500,000 – $749,999: 62

$750,000 – $999,999: 5

$1,000,000 and over: 0

Closed sales last week: 3

Properties put into escrow last week: 10

List price range: $204,900 – $750,000

Description: 2 condos, 8 houses

Average time on market: 110

Most expensive properties: One of the most expensive properties put into escrow 5 bedrooms, 4.5 bathrooms, 3,687 interior square feet on a 6,500-square-foot lot and a golf course view. This home is listed under short sale terms for $750,000. The actual sales price cannot be disclosed until after the property closes escrow.

YORBA LINDA

Properties available: 359

Condominiums: 75

Houses: 284

Short Sales: 96

REOs: 16

Median condo price: $245,000

Median price of house in 92886 area: $739,900

Median price of house in 92887 area: $689,000

Average days on market: 101

Condos: One of the most expensive attached condos features 3 bedrooms, 3.5 bathrooms, 3,302 interior square feet, 2-car garage and a golf course view. This to-be-built Tuscan style condo is listed for $822,995.

Houses: One of the most expensive homes in the 92886 area features 3 bedrooms, 2 bathrooms, 1,684 interior square feet on an 8.38-acre lot that is zoned equestrian. This property is located near the Nixon Presidential Library and Museum and is listed for $4,000,000.

Price range of available properties:

Under $500,000: 113

$500,000 – $749,999: 115

$750,000 – $999,999:55

$1,000,000 – $1,499,999: 49

$1,500,000 – $1,999,999: 16

$2,000,000 and up: 11

Closed sales last week: 13

Properties put into escrow last week: 25

List price range: $249,900 – $1,550,000

Description: 2 condos, 23 houses

Average time on market: 61

Most expensive properties: One of the most expensive properties put into escrow features 5 bedrooms, 5.5 bathrooms, 5,600 interior square feet on a 22,380-square-oot lot, pool, spa and Catalina Island and Golf course views. This list price range is $1,499,000 – $1,550,000. 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, email vartanian1@aol.com or visit their website at www.gotosteveandterry.com.