April 2011 real estate search results are in and Nashville, TN was the #54 most searched market in the country, based on data released today by Realtor.com, the #1 homes for sale real estate web site.

Median list prices for properties in Nashville, TN hit $189,900 in April 2011, a -2.43% decrease from one year ago this month, and 1.99% increase from March 2011.  The national median list price in April 2011 was $191,900, a -4.00% decrease compared to April 2010.

Active for sale inventory of homes in Nashville, TN in April 2011 leveled out at 12,806, a -18.13% decrease compared to April 2010.  National inventory counts for April 2011 were 2,268,656, a  -8.25% decrease as compared to a year ago. 

The median age of inventory in Nashville, TN in April was 73 days, a -5.19% decrease compared to March 2011.  Nationally, the median age of inventory was 95 days, a -12.04% decrease compared to March.

For details on all 146 MSAs monitored by Realtor.com in April 2011, click here:
http://www.realtor.com/data-portal/Real-Estate-Statistics.aspx

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 properties, active inventory counts and days on site. The information is released to local markets to help consumers and real estate professionals as they work together to successfully navigate their local market.

On the national level, 4 local Tennessee real estate markets made the top most searched markets in the country in April 2011, according to Realtor.com.  The top 10 most searched real estate markets, identified as MSAs, in the United States in April 2011 include:

Chicago, IL                                           1^st

Detroit, MI                                             2^nd

Las Vegas, NV                                      3^rd

Phoenix-Mesa, AZ                                 4^th

Los Angeles-Long Beach, CA                5^th

Tampa-St. Petersburg-Clearwater, FL      6^th

Philadelphia, PA                                    7^th

Atlanta, GA                                           8^th

Dallas, TX                                             9^th

Orlando, FL                                           10^th

In addition, the top most searched real estate markets in Tennessee in April 2011, and their national searched rank included:

Nashville, TN                                         #54

Knoxville, TN                                         #68

Memphis, TN                                         #83

Chattanooga, TN                                   #116

Realtor.com is the most searched real estate web site today, and displays more than four million for sale and for rent property listings fed directly to the site for free by more than 933 multiple listing services (MLS) across the nation.  More than 75 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.