| Q1 2012 Rank | Market | Past Ranking (Q4 2011) | Past Ranking (Q3 2011) | Year/Year MLP Appreciation | Year/Year Median Age of Inventory | Year/Year Inventory | Unemployment Rate (Feb 2012) | Search/ Listing Ratio Rank |
| 1. | Phoenix-Mesa, AZ | 2. | 4. | 26.94% | -32.94% | -48.04% | 7.8% | 10 |
| 2. | Miami, FL** | 1. | 1. | 24.32% | -40.98% | -48.03% | 9% | 8 |
| 3. | Orlando, FL | 3. | 2. | 11.54% | -38.46% | -41.58% | 9.1% | 3 |
| 4. | Boise City, ID | 6. | 8. | 17.53% | -23.60% | -36.87% | 8.7% | 62 |
| 5. | Naples, FL | 7. | 14.34% | -23.49% | -34.16% | 8.3% | 46 | |
| 6. | Oakland, CA | 7.07% | -46.43% | -48.35% | 8.7% | 7 | ||
| 7. | Fort Myers-Cape Coral, FL** | 4. | 3. | 18.27% | -24.59% | -27.61% | 9.4% | 107 |
| 8. | Lakeland-Winter Haven, FL* | 9. | 7. | 12.95% | -26.56% | -30.88% | 10% | 26 |
| 9. | Sarasota-Bradenton, FL | 5. | 6. | 12.56% | -29.55% | -27.69% | 9.2% | 52 |
| 10. | Tampa-St. Petersburg-Clearwater, FL | 11.92% | -20.34% | -39.79% | 9.4% | 12 | ||
| 11. | Punta Gorda, FL | 10. | 13.34% | -21.90% | -26.30% | 9.3% | 71 | |
| 12. | Dallas, TX** | 8.58% | -22.83% | -29.15% | 7.1% | 35 | ||
| 13. | Washington, DC-MD-VA-WV(DC) | 13.18% | -21.25% | -27.31% | 5.8% | 14 | ||
| 14. | Jacksonville, FL | 6.38% | -25.71% | -32.40% | 8.8% | 32 | ||
| 15. | Fort Lauderdale, FL | 8. | 5. | 8.04% | -16.46% | -47.36% | 9% | 15 |
| 16. | Bakersfield, CA* | 4.57% | -36.36% | -49.86% | 15.5% | 1 | ||
| 17. | Daytona Beach, FL | 10.07% | -17.91% | -30.28% | 9.5% | 47 | ||
| 18. | Fort Worth-Arlington, TX **/*** | 8.90% | -20.65% | -26.87% | 7.1% | 63 | ||
| 19. | Grand Rapids-Muskegon-Holland, MI | 8.34% | -21.30% | -23.90% | 7.4% | 23 | ||
| 20. | Minneapolis-St. Paul, MN-WI(MN) | 6.14% | -31.18% | -27.46% | 6.2% | 33 | ||
| 21. | Iowa City, IA | 6.81% | -24.36% | -26.24% | 4.2% | 95 | ||
| 22. | Portland-Vancouver, OR-WA(OR) | 4.25% | -27.78% | -38.05% | 8.6% | 11 | ||
| 23. | Detroit, MI | 5.82% | -27.27% | -29.59% | 10.2% | 77 | ||
| 24. | San Jose, CA*** | 6.67% | -18.06% | -34.59% | 9.1% | 36 | ||
| 25. | Seattle-Bellevue-Everett, WA | 3.81% | -27.27% | -39.34% | 8.3% | 17 |