(Geroge C. Ford/ The Gazette)

Cedar Rapids was the #139 most searched home market in the country for the month of October, based on data released by real estate web site, Realtor.com.

Median list prices for homes in Cedar Rapids, IA hit $149,500 in October 2012, a 1.70% increase from the same month in 2011, and -0.27% decrease from September 2012. The national median list price in October 2012 was $189,900, a 0.00% increase compared to October 2011. The homes tracked are single family homes, condominiums, co-ops and townhomes.

Active for sale inventory of homes in Cedar Rapids, IA in October 2012 leveled out at 1,508, a -0.91% decrease compared to October 2011. National inventory counts for October 2012 were 1,756,818, a -17.00% decrease as compared to a year ago.

The median age of inventory in Cedar Rapids, IA in October was 82 days, a 13.89% increase compared to September 2012. Nationally, the median age of inventory was 97 days, a 2.11% increase compared to September.

Other cities in Iowa that the website ranked include Des Moines at #111 and Iowa City at #142.

For more details on Realtor.com findings for October 2012, click here:

http://www.realtor.com/data-portal/Real-Estate-Statistics.aspx

Median list prices for homes in Cedar Rapids, IA hit $149,500 in October 2012, a1.70% increase from one year ago this month, and -0.27% decrease from September 2012.  The national median list price in October 2012  was $189,900, a 0.00% increase compared to October 2011.

Active for sale inventory of homes in Cedar Rapids, IA in October 2012 leveled out at 1,508, a -0.91% decrease compared to October 2011. National inventory counts for October 2012  were 1,756,818, a -17.00% decrease as compared to a year ago. 

The median age of inventory in Cedar Rapids, IA in October was 82 days, a 13.89% increase compared to September 2012.  Nationally, the median age of inventory was 97 days, a 2.11% increase compared to September.

For details on all 146 MSAs monitored by Realtor.com in October 2012, 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 bycounty orzip 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 October 2012  include:

Chicago, IL                                                       1^st

Philadelphia, PA                                                2^rd

Los Angeles-Long Beach, CA                            3^rd

Detroit, MI                                                         4^th

Atlanta, GA                                                       5^th

Dallas, TX                                                         6^th

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

Boston-Wrcstr-Lwrnce-Lowll-Brcktn, MA              8^th

Phoenix-Mesa, AZ                                             9^th

Orlando, FL                                                       10^th

In addition, the top most searched real estate markets in Iowa in October 2012, and the national searched rank included:

Des Moines, IA                                     #111

Cedar Rapids, IA                                   #139

Iowa City, IA                                          #142

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

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