Orlando Real Estate November 2011 Statistics from Realtor.com

November 2011 real estate search results are in and Orlando, FL was the #11 most searched market in the country in November 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 $159,000 in November 2011, a 0.06% increase from one year ago this month, and -0.22% decrease from October 2011. The national median list price in November 2011 was $189,900, a 4.05% increase compared to November 2010.

Active for sale inventory of homes in Orlando, FL in November 2011 leveled out at 11,219, a -43.99% decrease compared to November 2010. National inventory counts for November 2011 were 2,014,352, a -21.30% decrease as compared to a year ago.

The median age of inventory in Orlando, FL in November was 74 days, a -8.64% decrease compared to October 2011. Nationally, the median age of inventory was 114 days, a 3.64% increase compared to September.

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

Chicago, IL 1^st

Detroit, MI 2^rd

Los Angeles-Long Beach, CA 3^rd

Phoenix-Mesa, AZ 4^th

Atlanta, GA 5^th

Philadelphia, PA 6^th

Tampa-St. Petersburg-Clearwater, FL 7^th

Las Vegas, NV 8^th

Dallas, TX 9^th

Riverside-San Bernardino, CA 10^th

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

Tampa-St. Petersburg-Clearwater, FL #7

Orlando, FL #11

West Palm Beach-Boca Raton, FL #13

Fort Lauderdale, FL #15

Miami, FL #18

Fort Myers-Cape Coral, FL #35

Sarasota-Bradenton, FL #39

Jacksonville, FL #44

Melbourne-Titusville-Palm Bay, FL #49

Fort Pierce-Port St. Lucie, FL #53

Daytona Beach, FL #56

Naples, FL #60

Lakeland-Winter Haven, FL #68

Pensacola, FL #117

Tallahassee, FL #121

Ocala, FL #125

Gainesville, FL #133

Punta Gorda, FL #134

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