Real estate markets in Sun Belt states dominated in a list of markets where the largest share of Realtor.com visitors searched for homes priced at $1 million or above in January.

The Los Angeles-Long Beach, Calif., metro area dominated the search locations, with 16.1 percent of total searches at Realtor.com in January targeting $1 million-plus homes. Orange County, Calif., was a distant second with 6.3 percent of total searches dedicated to $1 million-plus homes, followed by Miami with a 4.8 percent share. The share of total searches devoted to $1 million-plus properties was 2.7 percent in 10th-ranked Naples, Fla.

Real estate markets in Sun Belt states dominated in a list of markets where the largest share of Realtor.com visitors searched for homes priced at $1 million or above in January.

The Los Angeles-Long Beach, Calif., metro area dominated the search locations, with 16.1 percent of total searches at Realtor.com in January targeting $1 million-plus homes. Orange County, Calif., was a distant second with 6.3 percent of total searches dedicated to $1 million-plus homes, followed by Miami with a 4.8 percent share. The share of total searches devoted to $1 million-plus properties was 2.7 percent in 10th-ranked Naples, Fla.

Outside of Chicago, at No. 4, the top 10 was dominated by metros in the Sun Belt states — Atlanta, at No. 8, was the furthest north among those nine markets.

The top three metros are in coastal markets: Los Angeles-Long Beach, Orange County and Miami.

No. 2 Orange County had the highest median list price in January on the list, at $425,000. No. 10 Naples, with a $365,000 median home list price, and No.5 San Diego, Calif., with a $349,000 median home list price, were the next most expensive home markets, respectively, on the list.

Methodology: This list is based on Realtor.com search data for January 2012. The markets are ranked by the largest share of online searches for properties priced at or above $1 million at Realtor.com during that month.

Los Angeles-Long Beach

 

Percentage of searches 16.1%
Median list price $320,444

Los Angeles rush-hour image via Shutterstock.

…CONTINUED

Orange County, Calif.

 

Percentage of searches 6.3%
Median list price $425,000

Laguna Beach, Orange County, image via Shutterstock.

…CONTINUED

Miami

 

Percentage of searches 4.8%
Median list price $265,500

Downtown Miami image via Shutterstock.

…CONTINUED

Chicago

 

Percentage of searches 4.0%
Median list price $186,000

Chicago Theater image via Shutterstock.

…CONTINUED

San Diego, Calif.

 

Percentage of searches 3.9%
Median list price $349,000

"San Diego" hot air balloon image via Shutterstock.

…CONTINUED

West Palm Beach-Boca Raton, Fla.

 

Percentage of searches 3.3%
Median list price $224,150

Red Rock Reef in Boca Raton, Fla., image via Shutterstock.

…CONTINUED

Las Vegas

 

Percentage of searches 3.1%
Median list price $121,500

Famous Las Vegas welcome sign image via Shutterstock.

…CONTINUED

Atlanta

 

Percentage of searches 2.7%
Median list price $150,000

Midtown Atlanta image via Shutterstock.

…CONTINUED

Phoenix-Mesa

 

Percentage of searches 2.7%
Median list price $169,500

Superstition Mountains image via Shutterstock.

…CONTINUED

Naples, Fla.

 

Percentage of searches 2.7%
Median list price $365,000

View from Naples Pier in Naples, Fla., image via Shutterstock.

Inman News reporter Paul Hagey compiled this report.

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