Realtor.com released the top metro areas for real estate search — that is, the places where more people are looking to buy homes, and guess who made it big on the list? Dallas. Metro areas in the South and West dominated the list of the 10 most-searched real estate markets for the month of April, a busy month for real estate, according to the Realtor organization.
And Realtor.com knows — it’s the top searched real estate site in the world!
Based on the number of visitors that viewed properties in 164 metro areas, Chicago was the most-searched market among the metro areas, followed by — here’s a shocker — Detroit. Las Vegas, Phoenix, and Los Angeles-Long Beach were the top searches in the west. There was Philly — and then the south just ruled: Tampa-St. Petersburg-Clearwater, Fla.; Atlanta; Dallas; and Orlando, Fla. These top ten metro areas were also the same in March.
Here’s the best part, at least for us: each of the 10 most-searched markets saw median list prices fall from April 2010. No surprise, Detroit saw the biggest drop, down a whopping 18.2 percent to $89,900, followed by Atlanta, with a 13.6 percent drop to $159,900.
Dallas, ding ding ding, saw the smallest drop in median list price, down 1.1 percent to $189,900, followed by Philadelphia with a 4 percent drop to $240,000.
The U.S. median list price of a home as a whole fell 4 percent to $191,900, according to Realtor.com.