Real Estate Analytics category archives

Buyers negotiated slightly smaller deals in August than they did in July, negotiating  3 percent off the last listing price of a home, rather than 3.3 percent in July, according to Zillow’s August Real Estate Market Reports (which will be up on the site next week). That translates to a median discount of $6,525, as [...]

Today we announced the results of a recent survey, which Zillow conducted with Harris Interactive, asking prospective first time homebuyers how an extension of the $8,000 tax credit would influence their decision to buy a home next year.  If the credit were extended, of those who intend to buy a home, 18 percent called the credit the “primary [...]

Have you looked at the incredibly deep data on Zillow’s revamped Local Pages? If you haven’t yet, I’d highly encourage you to do so. Using Seattle data, here’s a sampling of what you can see:

median value per square foot
the percentage of homes sold for gain
the Zillow Home Value Index

… and tons more
Embed home value data
Now, [...]

Home values continued to show encouraging signs in new data released for the July 2009 time period with the Zillow Home Value Index (ZHVI) down 9.9% from its level one year ago compared to a 10.5% and  11.9% annualized depreciation rate at the end of June and the end of the first quarter of 2009 [...]

It’s an opportune time for homebuyers to negotiate, especially if you’re aiming to purchase a house in Florida.
According to the July 2009 Zillow Real Estate Market Reports, July homebuyers paid 3.3%, or a median $7,039, less than the last listing price of the home. That’s on top of the price reductions that sellers are making before [...]

The National Association of Realtors (NAR) announced Friday that existing home sales in July rose 7.2% over June levels (from 4.89 million sales, seasonally adjusted annual rate, to 5.24 million), marking the first time since 2004 that annualized sales have risen four consecutive months.
This is great news for real estate as the market firmly climbs [...]

Four times a year, we field a survey with Harris Interactive to get a pulse on how homeowners perceive the value of their own homes and their local real estate market.  Our quest – to find out how realistic homeowners are about their own homes’ values, and how optimistic (or not) they are about the [...]

After peaking in the second quarter of 2006 and reporting its first year-over-year decline in January of 2007, the US Zillow Home Value Index turned in 27 consecutive months of increasingly larger annual depreciation rates between 2007 and the end of the first quarter 2009.  That all changed in the second quarter of 2009 when [...]

We just rolled out a total overhaul to our Real Estate Market Reports and Home Value pages. We now have coverage at the national, state, metro, county, city, neighborhood and ZIP code levels, complete with interactive graphics and the ability to look up home stats by number of bedrooms.
So far, we’ve published 17 different real estate market [...]

Yesterday, National Association of Realtors (NAR) released their existing home sales numbers for June, reporting the third consecutive monthly gain for existing home sales.  Annual sales were up to 4.89 million homes (seasonally adjusted annual rate) marking a 3.6% increase over May’s number (and relative to a 2.4% increase between April and May).  This lends [...]