Hi, I'm David G from Zillow.com

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Zillow releases raw data behind Q4 Housing Reports

Hi All,

Zillow has released its quarterly reports on house value trends in the US in Q4 2006.

More details about the reports can be found in this blog post in which Zillow's Director of Analytics explains that "For these 2006 fourth quarter results, we’re taking a slightly different approach than in the past when we released detailed reports and analysis for five specific markets and an overall national summary.  Instead, this quarter, we’re releasing all the underlying data on which we based the earlier reports and we’re providing this data for a total of 75 different metropolitan regions around the country."

I'd love to hear your opinion on the trends we measured in your neck of the woods -- below this you'll see links to the raw data (in excel) for the 75 regions we analyzed.   

The big news in the aggregate data is that in Q4, we saw negative (Y-O-Y) appreciation for the first time in the US data set. 

House value trend and appreciation - USA

Looking at performance in the Top 25 Metro areas however drives home again the local nature of our business -- multiple regions are still measuring double-digit appreciation in Q4. This graphic isn't very clear (better version here - any tips on posting photo's?) -- but it illustrates very well the variance in appreciation in the top 25 Metro areas.

Regional appreciation and value trends - Q4 2006

Some more interesting factoids from this data:

Five highest-appreciating metropolitan areas (year-over-year appreciation):

  1. Lakeland-Winter Haven, FL (25.88%)
  2. Yuma, AZ (25.66%)
  3. Myrtle Beach, SC (21.24%)
  4. Flagstaff, AZ (19.02%)
  5. Ocala, FL (17.56%)

Five most expensive metropolitan areas (measured by Zindex): 

  1. San Francisco-Oakland-San Jose, CA ($684,459)
  2. Salinas, CA ($654,503)
  3. Santa Barbara-Santa Maria-Lompoc, CA ($627,323)
  4. Honolulu, HI ($626,452)
  5. Los Angeles-Riverside-Orange County, CA ($545,409)

Five least expensive metropolitan areas (measured by Zindex):

  1. Davenport-Moline-Rock Island, IA-IL ($86,201)
  2. Peoria-Pekin, IL ($91,984)
  3. Greenville-Spartanburg-Anderson, SC ($96,508)
  4. Tulsa, OK ($97,186)
  5. Dayton-Springfield, OH ($103,729)

Local Reports

19 comments • David Gibbons • February 10 2007 03:41AM

Zillow's mini-series of blogging advice.

This past week we posted a mini-series of tips for new bloggers on the Zillow Blog. The series was fun to write -- we had leaders at Zillow blog about their area of internet expertise in the context of starting a business weblog. While there's a lot of advice for bloggers online, we felt there was a need to discuss blogging tips from a business perspective and I'm quite pleased that we came up with some unique and original content.

The end result was a mini-series of five articles aimed at new webloggers:

I hope you get something out of this series -- we certainly enjoyed writing it.

 

1 comment • David Gibbons • February 09 2007 11:32AM