For the first time, real estate search site Realtor.com has released released traffic data for the month of January.
Image by Bruno Ehrs/Corbis
According to UPI.com, median prices of the sites 2.8 million listings were at $199,000, a 0.5 percent decrease from last year. Compared to median prices from January 2010, the Fort Lauderdale market showed the greatest improvement, with an 18.38 percent increase. Next was Fort Collins-Loveland, Colo. (5.57 percent); Columbia, Mo. (5.07 percent); Fort Wayne, Ind. (4.77 percent); Savannah, Ga. (4.18 percent); and Tyler, Texas (3.94 percent).
Chicago was the No. 1 most-searched market, followed by Detroit, Mich.; Los Angeles-Long Beach, Calif.; Phoenix-Mesa, Ariz.; Las Vegas, Nev.; Dallas, Texas; Tampa-St. Petersburg, Clearwater, Fla.; Atlanta, Ga.; Orlando, Fla.; and Philadelphia, Pa.-N.J.
UPI says inventories rose compared to last year, a result of the flood of distressed sales and foreclosures on the market.