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August 15th, 2012 2:45 PM by David W. Welch
Each month my friends at Realtor.com ask me to share their latest statistics for the Orlando market. Below are the numbers for July 2012.
July 2012 real estate search results are in and Orlando, FL was the #9 most searched market in the country in July 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 $165,000 in July 2012, a 3.83% increase from one year ago this month, and -0.54% decrease from June 2012. The national median list price in July 2012 was $194,900, a 2.63% increase compared to July 2011.
Active for sale inventory of homes in Orlando, FL in July 2012 leveled out at 9,341, a -22.64% decrease compared to July 2011. National inventory counts for July 2012 were 1,866,075, a -19.26% decrease as compared to a year ago.
The median age of inventory in Orlando, FL in July was 63 days, a 1.61% increase compared to June 2012. Nationally, the median age of inventory was 84 days, a 4.76% increase compared to June.
For details on all 146 MSAs monitored by Realtor.com in July 2012, click here:
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 July 2012 include:
Chicago, IL 1stDetroit, MI 2rd Los Angeles-Long Beach, CA 3rdPhiladelphia, PA 4thDallas, TX 5thAtlanta, GA 6thTampa-St. Petersburg-Clearwater, FL 7thPhoenix-Mesa, AZ 8thOrlando, FL 9thBoston-Wrcstr-Lwrnce-Lowll-Brcktn, MA 10th
In addition, the top most searched real estate markets in Florida in July 2012, and the national searched rank included:
Tampa-St. Petersburg-Clearwater, FL #7Orlando, FL #9West Palm Beach-Boca Raton, FL #16Fort Lauderdale, FL #19Miami, FL #24Sarasota-Bradenton, FL #40Fort Myers-Cape Coral, FL #43Jacksonville, FL #44Melbourne-Titusville-Palm Bay, FL #51Fort Pierce-Port St. Lucie, FL #55Daytona Beach, FL #65Lakeland-Winter Haven, FL #74Naples, FL #77Pensacola, FL #112Tallahassee, FL #117Ocala, FL #128Gainesville, FL #134Punta Gorda, FL #144
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.comJill.Kipnis@move.comCandice.Cerro@move.com