 |
| Lanny Baker |
EMERYVILLE, CA– ZipRealty, Inc. (http://www.ziprealty.com)
(NASDAQ: ZIPR), a leading online residential real estate brokerage and provider
of technology and marketing solutions, has released new data analyzing the
fastest-moving housing markets, and new research on how consumers might
increase their chances of buying a home in these competitive markets.
ZipRealty analyzed housing market trends in 23 metro areas
at the end of the second quarter. The median days on market in these metros
remained relatively steady at 29 days, compared to 27 days as of June 30, 2013.
The fastest-moving markets at the end of the second quarter were:
1) Austin – 10
days
2) Washington,
D.C./Northern Virginia – 14 days
3) Dallas,
Portland and Denver – 15 days
4) Houston and
Seattle – 17 days
5) Sacramento and
Boston – 19 days
Median sales price leaders as of the end of Q2 were:
1) Sacramento –
$267,000, 15% year-over-year increase
2) Austin – $266,000, 14% year-over-year
increase
3) Las Vegas –
$182,000, 12% year-over-year increase
4) Houston –
$215,000, 12% year-over-year increase
5) Orlando –
$154,000, 11% increase
Engaging on Multiple Devices Helps
“As prices continue to rise and for sale housing inventory
remains low, serious buyers need as much intelligence as possible about the
housing market,” said ZipRealty CEO Lanny Baker.
“We’ve developed a variety of tools to help consumers
compete when bidding on a for-sale home.
"Our latest Housing Trends Report, data
on multi-platform home searches and ZipRealty’s 2014 Home Buyer Survey are just
some of the tools that give consumers real-time insight into how to quickly
close transactions.”
An August 2013 Google Consumer Survey revealed that 90% of
consumers begin their home search on the Internet, with nearly half of those
people starting that search on their phone.
For a complete copy of the company’s news release, please
contact:
Stacey Corso
510.735.2667
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