Orlando Real Estate

Orlando Real Estate Statistics from Realtor.com October 2012

November 14th, 2012 2:34 PM by David W. Welch

Each month my friends from Realtor.com, the number one real estate site in the world, ask me to post their Orlando real estate statistics.

October 2012 real estate search results are in and Orlando, FL was the #10 most searched market in the country in October 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 $165,900 in October 2012, a 4.10% increase from one year ago this month, and -0.39% decrease from September 2012.  The national median list price in October 2012 was $189,900, a 0.00% increase compared to October 2011.  Active for sale inventory of homes in Orlando, FL in October 2012 leveled out at 9,269, a -18.44% decrease compared to October 2011. National inventory counts for October 2012 were 1,756,818, a -17.00% decrease as compared to a year ago.   The median age of inventory in Orlando, FL in October was 62 days, a 0.00% increase compared to September 2012.  Nationally, the median age of inventory was 97 days, a 2.11% increase compared to September. For details on all 146 MSAs monitored by Realtor.com in October 2012, click here:http://www.realtor.com/data-portal/Real-Estate-Statistics.aspxContact 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 October 2012 include:
Chicago, IL                                                   1st
Philadelphia, PA                                             2rd
Los Angeles-Long Beach, CA                            3rd
Detroit, MI                                                    4th
Atlanta, GA                                                   5th
Dallas, TX                                                     6th
Tampa-St. Petersburg-Clearwater, FL                 7th
Boston-Wrcstr-Lwrnce-Lowll-Brcktn, MA              8th
Phoenix-Mesa, AZ                                            9th
Orlando, FL                                                    10th

In addition, the top most searched real estate markets in Florida in October 2012, and the national searched rank included:
Tampa-St. Petersburg-Clearwater, FL      #7
Orlando, FL                                       #10
West Palm Beach-Boca Raton, FL          #16
Fort Lauderdale, FL                            #18
Miami, FL                                          #22
Sarasota-Bradenton, FL                       #40
Fort Myers-Cape Coral, FL                    #41
Jacksonville, FL                                   #45
Melbourne-Titusville-Palm Bay, FL           #56
Fort Pierce-Port St. Lucie, FL                 #59
Daytona Beach, FL                               #71
Lakeland-Winter Haven, FL                    #73
Naples, FL                                          #76
Pensacola, FL                                    #112
Tallahassee, FL                                  #120
Ocala, FL                                          #126
Gainesville, FL                                    #131
Punta Gorda, FL                                  #145

Realtor.com, the #1 homes-for-sale site, displays more than four million for sale and for rent property listings fed directly to the site for free by more than 850 multiple listing services (MLS) across the nation.  More than 80 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:

Jennifer.DuBois@move.com
Jill.Kipnis@move.com

Candice.Cerro@move.com

Posted in:General
Posted by David W. Welch on November 14th, 2012 2:34 PM

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