Orlando Real Estate

February 2012 real estate search results are in and Orlando, FL was the #9 most searched market in the country in February 2012, based on data released today by Realtor.com, the #1 homes for sale real estate web site.

Median list prices for homes in Orlando, FL hit $154,500 in February 2012, a 3.00% increase from one year ago this month, and -0.32% decrease from January 2012. The national median list price in February 2012 was $188,000, a 6.82% increase compared to February 2011.

Active for sale inventory of homes in Orlando, FL in February 2012 leveled out at 10,738, a -40.76% decrease compared to February 2011. National inventory counts for February 2012 were 1,778,237, a -22.02% decrease as compared to a year ago.

The median age of inventory in Orlando, FL in February was 75 days, a -7.41% decrease compared to January 2012. Nationally, the median age of inventory was 111 days, a -6.72% decrease compared to January.

For details on all 146 MSAs monitored by Realtor.com in February 2012, click here:

http://www.realtor.com/data-portal/Real-Estate-Statistics.aspx

Contact us if you’re interested in a custom report detailing real estate trend data by countyor zip code.

Each month, Realtor.com surveys up to 250 Metro Service Areas (MSA) throughout the nation and monitors real estate trends including consumer search behavior, median list prices on for sale homes, active inventory counts and median age of inventory. The information is released to local markets to help consumers and real estate professionals as they work together to successfully navigate their local market.

According to Realtor.com, the top 10 most searched real estate markets, identified as MSAs, in the United States in February 2012 include:

Chicago, IL 1st
Detroit, MI 2rd
Los Angeles-Long Beach, CA 3rd
Philadelphia, PA 4th
Tampa-St. Petersburg-Clearwater, FL 5th
Phoenix-Mesa, AZ 6th
Atlanta, GA 7th
Dallas, TX 8th
Orlando, FL 9th
Las Vegas, NV 10th

In addition, the top most searched real estate markets in Florida in February 2012, and the national searched rank included:

Tampa-St. Petersburg-Clearwater, FL #5
Orlando, FL #9
West Palm Beach-Boca Raton, FL #12
Fort Lauderdale, FL #17
Miami, FL #18
Fort Myers-Cape Coral, FL #31
Sarasota-Bradenton, FL #37
Jacksonville, FL #44
Melbourne-Titusville-Palm Bay, FL #48
Fort Pierce-Port St. Lucie, FL #50
Naples, FL #53
Daytona Beach, FL #54
Lakeland-Winter Haven, FL #63
Pensacola, FL #104
Tallahassee, FL #116
Ocala, FL #128
Punta Gorda, FL #130
Gainesville, FL #132

Realtor.com is the most searched real estate web site today, and displays more than four million for sale and for rent property listings fed directly to the site for free by more than 933 multiple listing services (MLS) across the nation. More than 75 percent of all listings on Realtor.com are updated every 15 minutes with important information including price changes, sold data and property status changes, with the remaining properties updated every one to 24 hours. All homes tracked in these monthly reports are single family homes, condominiums, co-ops and townhomes.

For more information or commentary on local market trends, please contact:

Julie.Reynolds@move.com
Jennifer.DuBois@move.com
Jill.Kipnis@move.com
Candice.Cerro@move.com
Move@accesspr.com


Posted by David W. Welch on March 15th, 2012 7:09 AMPost a Comment (0)

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