Cities in the "sand states" of Arizona, Florida, California and Nevada dominate a list of most-searched communities by ZipRealty users during the first three months of the year.
In its quarterly "Home Hunters Report," ZipRealty tracks data from 5,400 cities in 33 of the 35 markets the company operates in to identify the most-searched cities.
Phoenix topped ZipRealty’s list of the 25 most-searched cities, and seven other cities in Arizona made the top 25 (Scottsdale, Mesa, Chandler, Gilbert, Tempe and Queen Creek).
Florida had six cities on the list (Naples, Orlando, Fort Lauderdale, Kissimmee, Fort Myers and Cape Coral), while California had five (Chula Vista, Carlsbad, Huntington Beach, Oceanside and La Jolla).
Three cities in Nevada made the top 25: Las Vegas-Summerlin, Henderson-Green Valley, and Henderson-Anthem/Seven Hills.
The only cities not in the sand states making the top 25 list that were were Atlanta, Ga. (14th), and Houston, Texas (20th).
Most of the cities on ZipRealty’s top 25 list were also on a list of 26 metro areas with the highest foreclosure rates during the first quarter compiled by data aggregator RealtyTrac (see story), suggesting consumers are bargain hunting.
ZipRealty also tracks "hot" and "cold" ZIP codes by looking at how offers submitted by buyers and accepted by sellers compare to the original list prices of homes. ZIP codes in which a large percentage of offers come in higher than the list price are defined as "hot," while those in which offers tend to come in at less than list price are labeled "cold."
During the first quarter, the "hottest" ZIP codes in ZipRealty’s markets were Hesperia, Calif. (92344); Daly City, Calif. (94015); Purcellville, Va. (20132); Chicago — Near South Side (60616); Rosemead, Calif. (91770); Dallas, Texas (75211); Vallejo, Calif. (94591); San Leandro, Calif. (94578); Denver, Colo. (80229); and Moreno Valley, Calif. (92555).
ZIP codes identified as the "coldest" by ZipRealty were Palm Beach, Fla. (33480); Naples, Fla. (34102); Miami, Fla. (33142); Delray Beach, Fla. (33483); Miami Beach, Fla. (33139); North Palm Beach, Fla. (33408); Harvey, Ill. (60426); Granbury, Texas (76048); Dinuba, Calif. (93618); and Fort Lauderdale, Fla. (33304).
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