Menu

Zillow just released our results for the fourth quarter and full year 2011. You can read the press release in the “Investors” section of our site; meanwhile here are a few highlights.

The fourth quarter was excellent for Zillow, capping off a landmark year in which we went public and delivered record performance across multiple metrics. In Q4, Zillow broke records for revenue, traffic and mobile usage, contributing to our first full year of GAAP profitability. Other Q4 highlights include:

  • Record revenue of $19.9 million, up 108% year-over-year.
  • Record Marketplace revenue of $13.7 million, up 169% year-over-year.
  • Average monthly unique users grew 86% to 23.5 million in Q4. In addition, January 2012 was a record traffic month with 31.7 million unique users, up 102% year-over-year.
  • Mobile usage continues to grow substantially. In December, homes were viewed on Zillow Mobile nearly 100 million times, or 36 homes per second. This grew in January to 53 homes viewed per second.

Zillow CFO Chad Cohen and I are hosting our fourth quarter conference call at 2 p.m. PST/5 p.m. EST today and you’re invited to listen in. A link to the webcast is located in the Investor section of our site and a replay will also be available after the call.

I’d like to thank our employees, real estate partners and users for your active roles in such an outstanding year. We’re excited for what’s in store for 2012.

About the Author

Spencer Rascoff is the CEO of Zillow, and is one of our founding employees. He is responsible for setting company strategy, and helping Zillow fulfill our mission of giving people an edge in real estate.

You also might like...

2015 home giveaway winner

Announcing the My Dream Home Giveaway Winner

Using cellphone

Zillow Now Sharing Shortened Links via Goo.gl

Android Wear Combined

Watch Out: Android Wear Updates Put More Zillow Features on Your Wrist (and At Your Fingertips)

East English Village residents Maureen Dritsan, Roland Leggett, Willie Bell, Kathy Roddie and Bill Barlage

Tour of Detroit Housing: The Good, the Bad and the Hopeful

Subscribe for Zillow Blog updates

We will not rent, share or spam your account, ever. Please read and review our privacy policy.

You can also stay updated by following us below

instagram googleplus pinterest