Orlando Real Estate

January 2012 real estate search results are in and Orlando, FL was the #9 most searched market in the country in January 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 $155,000 in January 2012, a 3.33% increase from one year ago this month, and 0.00% increase from December 2011. The national median list price in January 2012 was $185,500, a 3.69% increase compared to January 2011.

Active for sale inventory of homes in Orlando, FL in January 2012 leveled out at 10,857, a -42.96% decrease compared to January 2011. National inventory counts for January 2012 were 1,768,663, a -23.20% decrease as compared to a year ago.

The median age of inventory in Orlando, FL in January was 81 days, a 1.25% increase compared to December 2011. Nationally, the median age of inventory was 119 days, a -2.46% decrease compared to December.

For details on all 146 MSAs monitored by Realtor.com in January 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 county or 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 January 2012 include:

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

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

Tampa-St. Petersburg-Clearwater, FL #7
Orlando, FL #9
West Palm Beach-Boca Raton, FL #12
Fort Lauderdale, FL #16
Miami, FL #20
Fort Myers-Cape Coral, FL #31
Sarasota-Bradenton, FL #37
Jacksonville, FL #42
Melbourne-Titusville-Palm Bay, FL #48
Fort Pierce-Port St. Lucie, FL #51
Naples, FL #52
Daytona Beach, FL #56
Lakeland-Winter Haven, FL #64
Pensacola, FL #106
Tallahassee, FL #119
Ocala, FL #128
Gainesville, FL #130
Punta Gorda, FL #131

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