Zillow Reports Record Q2 Results
Today, Zillow is announcing results for the second quarter of 2013, and it was a tremendous one with terrific growth that exceeded our own expectations.You can read the full press release here. Below are a few highlights:
- Record Revenue of $46.9 million, up 69% over second quarter 2012.
- Record Marketplace Revenue of $36.5 million, up 86% over second quarter 2012.
- Record quarterly and all-time traffic, topping a record 61 million monthly unique users on mobile and Web in July 2013 (up 66% year-over-year).
- Premier Agent count grew 71% year-over-year, adding a record 4,777 quarterly subscribers.
Please join me and Zillow CFO Chad Cohen for our second quarter conference call today at 2 p.m. PT/5 p.m. ET. A link to the webcast is located in the Investor Relations section of the Zillow website, and a replay will be available after the call. As we did last quarter, we will also be considering questions via social media during the call using Facebook and Twitter and hashtag #ZEarnings.
Thank you to all of our employees, partners and users for your contributions to a terrific quarter. We’re only getting started; there is much more to do, and we look forward to sharing this journey with you for many years to come.
P.S. – I hope you’ll join me with President Obama tomorrow at 10 a.m. PT/1 p.m. ET for a LIVE discussion on the housing market, during which he will address questions submitted via social media. You can find out more here.