Real Estate by the Numbers for September

Hope everyone is doing well. It’s time for my “behind the numbers” look at coldwellbanker.com which examines some of what happened on the site in the last few weeks.

Beverly Hills home

The most viewed home on coldwellbanker.com

Hope everyone is doing well.  It’s time for my “behind the numbers” look at coldwellbanker.com which examines some of what happened on the site in the last few weeks.

I was struck at the types of homes that cracked our most viewed Top 10.  Four were  priced at more than $50 million and the other six ranged from $79,900-$629,500.  We had everything from a picturesque lakefront home in Weidman, MI, to some of the most luxurious homes in the world represented by  top sales professionals in the Coldwell Banker Previews International luxury program.

Topping the list of views is a $57.5 million listing in Beverly Hills that has also been on the last two months as well .  Also on the chart is the $125 million former Versace Mansion in Miami, a $65 million Holmby Hills home in LA that was featured in Architectural Digest and the $58 million Le Palais in Beverly Hills.

Here are the most viewed homes on coldwellbanker.com over the past month:

  1.  Beverly Hills, CA - $57.5 million; Listed by Joyce Rey
  2. Tulsa, OK - $330,000; Listed by Maureen Kile
  3. Miami Beach, FL - $125 million; Listed by Jill Eber
  4. Los Angeles, CA - $65 million; Listed by Loren Judd
  5. Paris, TX - $79,000; Listed by Kim McNelis Lamberson
  6. Beverly Hills, CA - $58 million; Listed by Stacy Gattula
  7. Weidman, MI -  $265,000; Listed by Marge Mills
  8. Boone, NC - $249,000; Listed by Michele Coley
  9. Beaumont, TX - $299,900; Listed by Vicki Jones (Under Contract)
  10. St. Mary’s, PA - $629,500; Listed by Terry Marsh

The list of the top 10 states generating traffic to coldwellbanker.com was relatively consistent with the prior month of June, but with North Carolina moving into the top 10 ahead of Georgia, while Wisconsin moved up one spot to 7th:

Most Active States:

  1. California
  2. Texas
  3. Illinois
  4. New York
  5. Pennsylvania
  6. Florida
  7. Wisconsin
  8. Michigan
  9. Ohio
  10. North Carolina

Last month saw Chicago move ahead of New York as the market that had the most viewed listings.  Ashburn, VA, Minneapolis and St. Louis were newcomers to the list.

We learned from Paul Valentino, who heads Coldwell Banker Residential Brokerage in the greater Washington, D.C. area, that Washington’s Metro train system is expected to extend towards Ashburn in Loudoun County within five years.  He believes the July 2 decision by the Loudoun County Board of Supervisors to support the project likely led to a spike in interest in affluent Ashburn.

Top 10 Most Viewed Markets:

  1. Chicago
  2. New York
  3. Houston
  4. Los Angeles
  5. Dallas
  6. San Francisco
  7. Ashburn, VA
  8. Minneapolis
  9. Washington D.C.
  10. St. Louis

This was the first time since I started tracking this type of information six months ago that the size of the average viewed home did not rise.  The average size property viewed on coldwellbanker.com in July was 3.28 bedrooms, 2.35 bathrooms with a total of 6.34 rooms, slightly off June’s results.

I hope you are enjoying these reports. Let me know what you think.

President and CEO for Coldwell Banker Real Estate LLC. Budge grew up in a real estate family in Florida, where his father was a broker for 60 years, and he began his real estate career as an agent in 1984 in the Orlando area. Budge has served in a variety of roles over the course of his real estate career, including Branch Manager, President and COO with Coldwell Banker Residential Real Estate in Florida and Executive Vice President of NRT Southeast region. In 2010, he became President and COO of Coldwell Banker Real Estate and in 2013 was named President and CEO of the brand, overseeing all aspects of the international real estate franchise organization. He currently serves as a FAR and NAR Director and is a member of NAR’s Strategic Planning Committee. Budge is routinely sought out by the media on matters relating to the real estate industry

Real Estate by the Numbers for October 2012
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