'Spotlight on' feature highlights home buyer search behavior in Phoenix,
Arizona-hottest neighborhoods include Central Phoenix and North Phoenix
SAN FRANCISCO, March 19 /PRNewswire/ -- Trulia.com, America's intuitive
residential real estate search engine, today released the findings of the
March 2007 Trulia Trends report. The monthly Trulia Trends report tracks
national consumer search behavior and pricing trends data to deliver
insights on how consumers use the Internet to buy and sell homes.
Read the complete report online at:
http://www.trulia.com/resources/Trulia_Trends_Report-March_2007.pdf
According to Trulia's search data, consumers continue to search online
for homes that are both "dreams and deals." Of the top 10 most viewed homes
on Trulia, the most popular was a three bedroom home in Rockingham, North
Carolina at $18,590, also on the list was a Beverly Hills, CA mansion
listed at more than 1,300x that price at $24,950,000.
Additional report findings:
-- The typical search: The representative U.S. home shopper on Trulia is
looking for a 1,935 square-foot single-family home with 3.2 bedrooms
and 2.2 baths at a cost of $473,493.
-- The East dominated February's hottest cities chart with Manhattan,
Philadelphia, Brooklyn, Washington, DC, and Queens all making the top
10.
-- Southern cities Virginia Beach, VA, Memphis, TN and Charleston, SC were
three of the five biggest winners in month-over-month median list
prices increases.
-- Los Angeles experienced a 3.6% increase in median list price
(month-over-month), while other cities in the Western U.S., including
Mesa, AZ and Colorado Springs, CO saw large increases in search
queries.
-- The Midwest saw some volatility in their search queries with
Minneapolis experiencing a 50% month-over-month increase, while both
Naperville, IL and Cincinnati, OH were part of the top five "biggest
losers" in terms of search queries.
About Trulia
Trulia, Inc. (http://www.trulia.com), a national residential real estate
search engine, has revolutionized online home search by offering a rich,
intuitive user experience that points consumers directly to listings on
agent and broker web sites. Trulia helps consumers find information on
homes for sale, and provides real estate information at the hyper-local
level to help consumers make better decisions in the home-buying process.
Founded in San Francisco in 2005 by Pete Flint and Sami Inkinen.
Media Contact:
Christopher Downing
415.551.9622
downing@flashpointpr.com
SOURCE Trulia, Inc.
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Related links:
http://www.trulia.com/
CONTACT:
Christopher Downing, +1-415-551-9622, or
downing@flashpointpr.com, for Trulia
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