Orlando Real Estate

Realtor.com August 2011 Statistics for Orlando

September 14th, 2011 4:44 PM by David W. Welch

August 2011 real estate search results are in and Orlando, FL was the #12 most searched market in the country in August 2011, 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 $158,000 in August 2011, a -1.25% decrease from one year ago this month, and -0.57% decrease from July 2011. The national median list price in August 2011 was $189,900, a 0.48% increase compared to August 2010.

Active for sale inventory of homes in Orlando, FL in August 2011 leveled out at 11,699, a -45.81% decrease compared to August 2010. National inventory counts for August 2011 were 2,267,327, a -19.00% decrease as compared to a year ago.

The median age of inventory in Orlando, FL in August was 84 days, a -6.67% decrease compared to July 2011. Nationally, the median age of inventory was 103 days, a 6.19% increase compared to July.

For details on all 146 MSAs monitored by Realtor.com in August 2011, 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 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 August 2011 include:

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

In addition, the top most searched real estate markets in Florida in August 2011, and the national searched rank included:

Tampa-St. Petersburg-Clearwater, FL #6
Orlando, FL #12
Fort Lauderdale, FL #14
West Palm Beach-Boca Raton, FL #15
Miami, FL #18
Fort Myers-Cape Coral, FL #41
Sarasota-Bradenton, FL #43
Jacksonville, FL #44
Melbourne-Titusville-Palm Bay, FL #49
Fort Pierce-Port St. Lucie, FL #57
Daytona Beach, FL #61
Naples, FL #67
Lakeland-Winter Haven, FL #71
Pensacola, FL #111
Tallahassee, FL #123
Ocala, FL #128
Gainesville, FL #139
Punta Gorda, FL #143

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 in:General
Posted by David W. Welch on September 14th, 2011 4:44 PM

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