Happy New Year!

From all of us at ZipRealty, we want to wish you a wonderful and prosperous 2008!

Happy New Year!

P.S.  Enjoy a cocktail or mocktail with us!
http://www.ziprealty.com/holiday

Happy Holidays! Try our favorite holiday cocktails and mocktails

It’s the time of the year for friends, family…and festive cocktails! Whether you’re hosting a holiday party, or just looking for a new “treat” to enjoy on a winter evening, be sure to check out ZipRealty’s tasty holiday drink menu.

Just click this link for recipes to our favorite cocktails and mocktails:  http://www.ziprealty.com/holiday

If you know of someone who might enjoy these holiday drinks as well, please pass this link along to them. (We figure…the more people who enjoy them, the merrier we’ll all be!)

   

We hope your holiday season is full of warmth, happiness and plenty of cheer!

ZipRealty, Inc.

Happy Thanksgiving!

We want to wish you a wonderful Thanksgiving holiday!  View a special holiday greeting from ZipRealty along with links to some great holiday recipes!

                   2007 Thanksgiving card and special holiday recipes

The recipes are divided into four categories--Turkey, Stuffing, Condiments & Side Dishes along with Dessert.  All recipes were provided by ZipAgents from all around the country. Enjoy!

Have a wonderful and safe holiday!

America's Housing Inventory by Business Week

Business Week posted a story today regarding the supply of homes currently available in the real estate market.  According to this article, the supply of homes for sale is at a nine-year high, and housing inventories across the U.S. are swelling dangerously.  Read more about this story....

Trick or Treat - A holiday treat from ZipRealty!

With Halloween fast approaching, we’ve put together a fun way for you to decorate your home for the occasion.  Using our Halloween Pumpkin Stencils, you’ll be able to carve a pumpkin like an expert. Our easy to use stencils include:

- Haunted House

- Saguaro and Moon

     -Tombstone

- Pirate

- Scared Cat

- Ghosts

Simply download these (.PDF) templates and print them out. Then all you need to do is follow the step by step instructions on how to carve your pumpkin like an expert!  Get your Halloween Stencils now.

Where's my city? Request a market report for a specific city

Hi!  Every month we pick selected cities for our monthly market reports.  Please let us know in the comments section which cities you would like to see profiled, and we'll do our best to include that city in our rotation.  Please note, that we can only select cities served by ZipRealty.

ZipRealty Price Reduction Index, June 2007

The ZipRealty Price Reduction Index (ZPRI) is an informal indicator of for sale home price reduction trends in cities across the country. By looking at the number of homes with price reductions and dividing this figure by the total number of homes available for sale in a given city, we are able to determine the percentage of homes with price reductions for this city.

Keep in mind that this is just one indicator of many that can be used in determining the health of a local real estate market. Currently, our index covers 70 cities in 19 regional markets, including: Atlanta, Austin, Baltimore, Boston, Chicago, Dallas, Washington D.C., Houston, Las Vegas, Los Angeles, Miami,  Minneapolis, Orlando, Phoenix, Sacramento, San Diego, Seattle, Tampa and the San Francisco Bay Area. The current index was taken as of 6/1/2007.

ZipRealty Price Reduction Index	% Homes Reduced as of 5/1/07	% Homes Reduced as of 6/1/07	% Change
Baltimore	35.5%	39.2%	10.4%
Boston	40.1%	42.4%	5.7%
Chicago	32.9%	35.4%	7.6%
Dallas	28.6%	30.4%	6.3%
Houston	31.4%	33.0%	5.1%
Las Vegas	38.0%	39.5%	3.9%
Los Angeles	35.5%	37.8%	6.5%
Miami	34.0%	32.0%	-5.9%
Minneapolis	33.1%	36.1%	9.1%
Orange County	39.6%	42.6%	7.6%
Orlando	41.3%	42.7%	3.4%
Phoenix	41.8%	43.7%	4.5%
S.F. Bay Area	31.1%	34.3%	10.3%
Sacramento	42.4%	45.7%	7.8%
Seattle	29.1%	31.9%	9.6%
San Diego	35.9%	37.7%	5.0%
Tampa	40.0%	41.2%	3.0%
Washington D.C.	35.8%	39.8%	11.2%

ZipRealty Price Reduction Index, May 2007

The ZipRealty Price Reduction Index (ZPRI) is an informal indicator of for sale home price reduction trends in cities across the country. By looking at the number of homes with price reductions and dividing this figure by the total number of homes available for sale in a given city, we are able to determine the percentage of homes with price reductions for this city.

Keep in mind that this is just one indicator of many that can be used in determining the health of a local real estate market. Currently, our index covers 70 cities in 19 regional markets, including: Atlanta, Austin, Baltimore, Boston, Chicago, Dallas, Washington DC, Houston, Las Vegas, Los Angeles, Minneapolis, Miami, Orlando, Phoenix, Sacramento, San Diego, Seattle, Tampa and the San Francisco Bay Area. The current index was taken as of 5/1/2007.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   

ZipRealty Price Reduction Index	% Homes Reduced as of  04/02/07	% Homes Reduced as of  05/01/07	% Change
Baltimore	32.9%	35.5%	7.9%
Boston	39.2%	40.1%	2.3%
Chicago	28.6%	32.9%	15.0%
Dallas	26.3%	28.6%	8.7%
Houston	29.4%	31.4%	6.8%
Las Vegas	34.4%	38.0%	10.5%
Los Angeles	31.9%	35.5%	11.3%
Miami	36.7%	34.0%	-7.4%
Minneapolis	27.9%	33.1%	18.6%
Orange County	34.7%	39.6%	14.1%
Orlando	36.9%	41.3%	11.9%
Phoenix	38.0%	41.8%	10.0%
SF Bay Area	27.7%	31.1%	12.3%
Sacramento	38.6%	42.4%	9.8%
Seattle	27.2%	29.1%	7.0%
San Diego	31.5%	35.9%	14.0%
Tampa	36.2%	40.0%	10.5%
Washington DC	33.0%	35.8%	8.5%

ZipRealty Price Reduction Index - April 2007

The ZipRealty Price Reduction Index (ZPRI) is an informal indicator of for sale home price reduction trends in cities across the country. By looking at the number of homes with price reductions and dividing this figure by the total number of homes available for sale in a given city, we are able to determine the percentage of homes with price reductions for that metro.

Keep in mind that this is just one indicator of many that can be used in determining the health of a local real estate market. Currently, our index covers 70 cities in 19 regional markets, including: Atlanta, Austin, Baltimore, Boston, Chicago, Dallas, Washington DC, Houston, Las Vegas, Los Angeles, Minneapolis, Miami, Orlando, Phoenix, Sacramento, San Diego, Seattle, Tampa and the San Francisco Bay Area. The current index was taken as of 4/2/2007.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   

ZipRealty Price Reduction Index	% Homes Reduced as of  3/02/07	% Homes Reduced as of  04/02/07	Variance
Baltimore	33.3%	32.9%	-1.2%
Boston	39.5%	39.2%	-0.8%
Chicago	28.8%	28.6%	-0.7%
Dallas	26.4%	26.3%	-0.4%
Houston	29.5%	29.4%	-0.3%
Las Vegas	34.2%	34.4%	0.6%
Los Angeles	31.9%	31.9%	0.0%
Miami	36.5%	36.7%	0.5%
Minneapolis	28.2%	27.9%	-1.1%
Orange County	34.9%	34.7%	-0.6%
Orlando	36.9%	36.9%	0.0%
Phoenix	38.1%	38.0%	-0.3%
SF Bay Area	27.8%	27.7%	-0.4%
Sacramento	38.5%	38.6%	0.3%
Seattle	27.4%	27.2%	-0.7%
San Diego	31.7%	31.5%	-0.6%
Tampa	36.1%	36.2%	0.3%
Washington DC	33.5%	33.0%	-1.5%

ZipRealty Price Reduction Index, March 2007

The ZipRealty Price Reduction Index (ZPRI) is an informal indicator of ‘for sale’ home price reduction trends in cities across the country. By looking at the number of homes with price reductions and dividing this figure by the total number of homes available for sale in a given metro, we are able to determine the percentage of homes with price reductions for that metro.

Keep in mind that this is just one indicator of many that can be used in determining the health of a local real estate market.

ZipRealty Price Reduction Index	% Homes Reduced as of 2/1/2007	% Homes Reduced as of 3/1/2007	Variance
Baltimore	35.9%	33.3%	-7.2%
Boston	42.0%	39.5%	-6.0%
Chicago	29.5%	28.8%	-2.4%
Dallas	27.1%	26.4%	-2.6%
Houston	23.0%	29.5%	28.4%
Las Vegas	34.1%	34.2%	0.3%
Los Angeles	33.2%	31.9%	-3.9%
Miami	35.1%	36.5%	4.0%
Minneapolis	29.0%	28.2%	-2.8%
Orange County	35.6%	34.9%	-2.0%
Orlando	35.7%	36.9%	3.4%
Phoenix	37.1%	38.1%	2.7%
SF Bay Area	28.5%	27.8%	-2.5%
Sacramento	39.9%	38.5%	-3.5%
Seattle	27.5%	27.4%	-0.4%
San Diego	33.5%	31.7%	-5.4%
Tampa	34.7%	36.1%	4.0%
Washington DC	36.3%	33.5%	-7.7%

This index covers 18 regional markets, served by ZipRealty.  The current index was taken as of 3/2/2007.

ZipRealty Price Reduction Index, February 2007

The ZipRealty Price Reduction Index (ZPRI) is an informal indicator of ‘for sale’ home price reduction trends in DMAs (designated market areas) across the country. By looking at the number of homes with price reductions and dividing this figure by the total number of homes available for sale in a given DMA, we are able to determine the percentage of homes with price reductions for the given area.

Please keep in mind that this is just one indicator of many that can be used in determining the health of a local real estate market.

ZipRealty Price Reduction Index	% Homes Reduced - Jan-07	% Homes Reduced - Feb-07	Variance
Baltimore	39.0%	35.9%	-7.9%
Boston	44.9%	42.0%	-6.5%
Chicago	31.8%	29.5%	-7.2%
Dallas	28.1%	27.1%	-3.6%
Houston	29.9%	23.0%	-23.1%
Las Vegas	36.2%	34.1%	-5.8%
Los Angeles	36.0%	33.2%	-7.8%
Miami	34.2%	35.1%	2.6%
Minneapolis	32.2%	29.0%	-9.9%
Orange County	39.4%	35.6%	-9.6%
Orlando	35.8%	35.7%	-0.3%
Phoenix	38.3%	37.1%	-3.1%
SF Bay Area	31.9%	28.5%	-10.7%
Sacramento	42.5%	39.9%	-6.1%
Seattle	29.5%	27.5%	-6.8%
San Diego	37.2%	33.5%	-9.9%
Tampa	34.4%	34.7%	0.9%
Washington DC	39.7%	36.3%	-8.6%

This index covers 19 regional markets, served by ZipRealty.  The current index was taken as of 2/1/2007.

Bookmark to: 

ZipRealty Price Reduction Index, January 2007

The ZipRealty Price Reduction Index (ZPRI) is an informal indicator of ‘for sale’ home price reduction trends in cities across the country. By looking at the number of homes with price reductions and dividing this figure by the total number of homes available for sale in a given city, we are able to determine the percentage of homes with price reductions for this city. Keep in mind that this is just one indicator of many that can be used in determining the health of a local real estate market. Currently, our index covers 70 cities in 19 regional markets, including: Atlanta, Austin, Baltimore, Boston, Chicago, Dallas, Washington DC, Houston, Las Vegas, Los Angeles, Minneapolis, Miami, Orlando, Phoenix, Sacramento, San Diego, Seattle, Tampa and the San Francisco Bay Area. The current index was taken as of 1/8/2007.

View the full table of cities, along with price reductions: ZipRealty Market Price Reductions Index, January 2007.

Among our survey, the five cities with the highest percentage of price reductions:

City, State	Total Number of Homes Reduced	Total Number of Homes on Market	%Reduced
Hanover, MA	55	107	51.4%
Newton, MA	177	346	51.2%
Simi Valley, CA	516	1,082	47.7%
Laguna Nigel, CA	183	399	45.9%
Citrus Heights, CA	191	428	44.6%

Among our survey, the five cities with the lowest percentage of price reductions:

City, State	Total Number of Homes Reduced	Total Number of Homes on Market	%Reduced
Palo Alto, CA	10	45	22.2%
Hayward, CA	142	656	21.6%
Walnut Creek, CA	41	205	20.0%
Zimmerman, MN	59	316	18.7%
Lamorinda, CA	16	125	12.8%

 

Seasons Greetings!

Seasons Greetings from ZipRealty!

Please click this link to view a special Holiday greeting!

Have a wonderful holiday season, and a prosperous and happy New Year!

Ziprealty Price Reduction Index - December 2006

Listed below are homes on the market served by ZipRealty, where the asking price has been reduced, as of 12/5/2006. We surveyed the markets listed.   Click on the image to view in larger window.

ZipRealty Price Reduction Index - November 2006

Listed below are homes on the market served by ZipRealty, where the asking price has been reduced, as of 11/6/2006. We surveyed the markets listed.   Click on the image to view in larger window.

ZipRealty Price Reduction Index - October 2006

Listed below are homes on the market served by ZipRealty, where the asking price has been reduced, as of 10/4/2006. We surveyed the markets listed.   Click on the image to view in larger window.

ZipRealty Price Reduction Index - September 2006

Listed below are homes on the market served by ZipRealty, where the asking price has been reduced, as of 9/7/2006. We surveyed the markets listed. Click on the image to view in larger window.

Ziprealty Price Reduction Index - August 2006

Listed below are homes on the market served by ZipRealty, where the asking price has been reduced, as of 8/8/2006. We surveyed the markets listed below:

Area	Reduced	Market	% Reduced
Newton, MA	349	643	54.3%
Roseville, CA	558	1,110	50.3%
Huntington Beach, CA	515	1,025	50.2%
Natomas, CA	338	692	48.8%
Chandler, AZ	1,374	2,822	48.7%
Carlsbad, CA	422	876	48.2%
Laguna Nigel, CA	283	598	47.3%
Folsom, CA	266	564	47.2%
Hanover, MA	65	139	46.8%
Citrus Heights, CA	293	656	44.7%
Fredericksburg, VA	243	546	44.5%
Brookline, MA	268	609	44.0%
Corona, CA	1,267	2,911	43.5%
Alexandria, VA	1,043	2,444	42.7%
Mesa, AZ	1,674	4,048	41.4%
Oceanside, CA	628	1,519	41.3%
Rancho Cucamonga, CA	362	876	41.3%
Green Valley, NV	379	924	41.0%
Framingham, MA	213	523	40.7%
Annapolis, VA	378	943	40.1%
Owings Mills, MD	134	335	40.0%
Bethesda, MD	165	416	39.7%
Henderson, NV	1,116	2,830	39.4%
Glen Burnie, MD	149	378	39.4%
Summerlin, NV	1,106	2,847	38.8%
Des Plaines, IL	303	783	38.7%
Poway, CA	134	354	37.9%
Simi Valley, CA	611	1,655	36.9%
Plainfield, IL	463	1,272	36.4%
White Marsh, MD	16	44	36.4%
Columbia, MD	192	549	35.0%
Tampa, FL	2,467	7,414	33.3%
Plano, TX	491	1,503	32.7%
Tacoma, WA	530	1,630	32.5%
Eldersburg, MD	26	80	32.5%
Miami, FL	4,210	13,205	31.9%
San Bernadino, CA	544	1,752	31.1%
Gilroy, CA	110	355	31.0%
Spring, TX	663	2,178	30.4%
Dundalk, MD	40	134	29.9%
Katy, TX	456	1,537	29.7%
Atlanta, GA	3,610	13,456	26.8%
Paradise Valley, AZ	71	286	24.8%
San Mateo, CA	64	259	24.7%
Olympia, WA	248	1,009	24.6%
Seattle, WA	598	2,497	23.9%
San Francisco, CA	364	1,710	21.3%
Hayward, CA	171	841	20.3%
Walnut Creek, CA	70	360	19.4%
Palo Alto, CA	20	106	18.9%
Lamorinda, CA	37	232	15.9%

Home Reviews are Here!

Have you ever wondered what other people think of homes that are currently for sale? Maybe you visited a home during an open house and were curious to hear what other visitors thought of the house. Questions such as:

- Was the house priced correctly?

- Do other people love the remodeled kitchen as much as you do?

- Is the house located in a good neighborhood?

Now, with ZipRealty’s “Client Ratings” feature, you can get answers to these questions and many more from your fellow home buyers. By allowing our clients to post their feedback about homes currently for sale, home buyers can now share their experiences. Using curb appeal, interior appearance, exterior appearance, and the quality of the overall neighborhood as criteria, home buyers and sellers can provide positive or negative input on any home for sale listed on ZipRealty.com. Home shoppers can also write any other remarks they have about a home using the free-form comments feature.

To use this new feature, simply continue to browse for homes on ZipRealty.com. At the top of each Home Detail page, there is a “Client Ratings” icon which will allow you to read all of the comments for a given home or to post your own ratings. Honest and open feedback is greatly appreciated. Try it out!

 

Access to FSBO (For Sale By Owner) homes for ZipRealty Customers

According to NAR (National Association of Realtors), 13% of home sellers in 2005 were FSBO (For Sale By Owner) sellers. In order to provide our customers with as much access as possible to this remaining sector of the real estate market, we have created our FSBO Sellers tool to give our customers as wide a variety of homes available for sale as possible to choose from. While helping ZipRealty buyers, this tool also provides a great resource for FSBO Sellers, since it efficiently markets their home to qualified ZipRealty buyers.

Using an easy to use interface, FSBO Sellers can be quickly and easily be matched with targeted ZipRealty buyers. A FSBO Seller can enter in the address of the home they want to sell, their asking price, and a few additional property details and then be quickly matched with ZipAgents who could potentially represent hundreds or even thousands of home buyers looking for homes that match the FSBO Seller’s home.

Since many FSBO Sellers usually agree to pay a buyer’s agent commission anyways, ZipRealty’s 2.5% commission request from the FSBO Seller (upon a completed home sale to a ZipRealty Buyer), does not fundamentally alter the spirit or the structure of a FSBO transaction.

For FSBO Sellers, to use this new tool, visit the ZipRealty.com website: http://www.ziprealty.com/fsbo.

ZipRealty Price Reduction Index (ZPRI), July 2006

Listed below are homes on the market served by ZipRealty, where the asking price has been reduced, as of 7/7/2006. We surveyed the markets listed below:

Area	Reduced	Market	% Reduced
Newton, MA	358	679	52.7%
Roseville, CA	539	1,094	49.3%
Folsom, CA	260	543	47.9%
Huntington Beach, CA	464	998	46.5%
Chandler, AZ	1,267	2,736	46.3%
Laguna Nigel, CA	257	596	43.1%
Brookline, MA	268	629	42.6%
Hanover, MA	59	140	42.1%
Natomas, CA	294	704	41.8%
Mesa, AZ	1,629	3,909	41.7%
Fredericksburg, VA	223	547	40.8%
Simi Valley, CA	504	1,238	40.7%
Carlsbad, CA	401	996	40.3%
Citrus Heights, CA	251	624	40.2%
Henderson, NV	1,480	3,682	40.2%
Corona, CA	1,119	2,798	40.0%
Poway, CA	143	358	39.9%
Green Valley, NV	367	921	39.8%
Rancho Cucamonga, CA	338	867	39.0%
Framingham, MA	212	555	38.2%
Summerlin, NV	993	2,750	36.1%
Des Plaines, IL	282	794	35.5%
Bethesda, MD	159	455	34.9%
Oceanside, CA	546	1,564	34.9%
Plainfield, IL	433	1,248	34.7%
Plano, TX	497	1,486	33.4%
Tampa, FL	2,199	6,997	31.4%
Miami, FL	3,971	12,676	31.3%
Tacoma, WA	450	1,461	30.8%
Gilroy, CA	96	326	29.4%
Spring, TX	625	2,124	29.4%
Columbia, MD	143	491	29.1%
San Mateo, CA	69	241	28.6%
Katy, TX	438	1,535	28.5%
San Bernadino, CA	450	1,592	28.3%
Paradise Valley, AZ	78	277	28.2%
Atlanta, GA	4,626	18,264	25.3%
Olympia, WA	217	883	24.6%
Seattle, WA	551	2,343	23.5%
San Francisco, CA	356	1,604	22.2%
Hayward, CA	156	777	20.1%
Lamorinda, CA	40	209	19.1%
Walnut Creek, CA	59	331	17.8%
Palo Alto, CA	17	101	16.8%

ZipRealty Price Reduction Index (ZPRI), June 2006

Listed below are homes on the market served by ZipRealty, where the asking price has been reduced, as of 6/6/2006. We surveyed the markets listed below:

Area	Reduced	Market	% Reduced
Newton, MA	329	707	46.5%
Hanover, MA	59	132	44.7%
Framingham, MA	219	493	44.4%
Simi Valley, CA	389	887	43.9%
Citrus Heights, CA	235	539	43.6%
Roseville, CA	439	1,014	43.3%
Chandler, AZ	1,092	2,523	43.3%
Huntington Beach, CA	386	907	42.6%
Folsom, CA	208	493	42.2%
Poway, CA	136	337	40.4%
Mesa, AZ	1,432	3,604	39.7%
Brookline, MA	263	667	39.4%
Natomas, CA	246	628	39.2%
Henderson, NV	1,357	3,549	38.2%
Corona, CA	963	2,553	37.7%
Laguna Nigel, CA	221	586	37.7%
Carlsbad, CA	338	945	35.8%
Summerlin, NV	886	2,548	34.8%
Rancho Cucamonga, CA	269	790	34.1%
Plainfield, IL	357	1,135	31.5%
Des Plaines, IL	244	783	31.2%
Fredericksburg, VA	171	552	31.0%
Miami, FL	12,431	3,819	30.7%
Tampa, FL	6,708	2,045	30.4%
Columbia, MD	128	437	29.3%
Spring, TX	615	2,143	28.7%
Tacoma, WA	392	1,373	28.6%
Plano, TX	397	1,406	28.2%
San Mateo, CA	59	209	28.2%
Oceanside, CA	406	1,465	27.7%
Katy, TX	417	1,523	27.4%
Paradise Valley, AZ	78	285	27.4%
San Bernadino, CA	383	1,423	26.9%
Bethesda, MD	115	436	26.4%
Gilroy, CA	76	293	25.9%
Seattle, WA	488	2,163	22.6%
Palo Alto, CA	23	102	22.5%
Walnut Creek, CA	61	300	20.3%
Olympia, WA	158	789	20.0%
San Francisco, CA	296	1,485	19.9%
Hayward, CA	132	683	19.3%
Lamorinda, CA	28	221	12.7%
Green Valley, NV	134	1,298	10.3%

ZipRealty Price Reduction Index, May 2006

Listed below are homes on the market served by ZipRealty, where the asking price has been reduced, as of 5/11/2006. We surveyed the markets listed below:

Area	Reduced	Market	% Reduced
Newton, MA	286	653	43.8%
Chandler, AZ	930	2,264	41.1%
Hanover, MA	47	116	40.5%
Simi Valley, CA	307	785	39.1%
Huntington Beach, CA	312	808	38.6%
Mesa, AZ	1,232	3,207	38.4%
Brookline, MA	240	625	38.4%
Framingham, MA	184	483	38.1%
Folsom, CA	163	431	37.8%
Laguna Nigel, CA	186	498	37.3%
Carlsbad, CA	313	857	36.5%
Natomas, CA	192	543	35.4%
Roseville, CA	308	880	35.0%
Henderson, NV	1,192	3,417	34.9%
Green Valley, NV	301	867	34.7%
Miami, FL	18,770	54,074	34.7%
Fredericksburg, VA	168	508	33.1%
Rancho Cucamonga, CA	221	686	32.2%
Poway, CA	105	328	32.0%
Citrus Heights, CA	150	476	31.5%
Plainfield, IL	339	1,101	30.8%
Bethesda, MD	121	399	30.3%
Corona, CA	232	818	28.4%
Plano, TX	400	1,411	28.3%
Oceanside, CA	382	1,375	27.8%
Paradise Valley, AZ	76	283	26.9%
Spring, TX	539	2,031	26.5%
Aurora, IL	182	691	26.3%
Tampa, FL	1,573	6,033	26.1%
San Bernadino, CA	343	1,318	26.0%
Columbia, MD	94	364	25.8%
Las Vegas (Downtown), NV	123	483	25.5%
Katy, TX	380	1,529	24.9%
Seattle, WA	435	1,994	21.8%
Olympia, WA	148	695	21.3%
Palo Alto, CA	37	180	20.6%
Gilroy, CA	50	259	19.3%
Tacoma, WA	43	255	16.9%
Walnut Creek, CA	43	255	16.9%
Hayward, CA	85	540	15.7%
San Mateo, CA	33	232	14.2%
Lamorinda, CA	17	189	9.0%

Home Listings Price Reductions - April 2006

Here is a summary of the percentage of homes, where the listed *price has been reduced* for areas served by ZipRealty, as of 4/18/2006:

Metro Area	% of Homes Reduced
Boston, MA	35.7%
Sacramento, CA	35.4%
Miami, FL	33.9%
LA/San Fernando Valley, CA	33.7%
San Diego, CA	32.6%
LA/San Gabriel Valley, CA	30.2%
Phoenix, AZ	29.9%
Las Vegas, NV	29.7%
Chicago, IL	25.6%
Washington, DC	24.9%
Dallas, TX	24.5%
Baltimore, MD	23.6%
Seattle, WA	20.0%
Houston, TX	19.1%
San Francisco Bay Area, CA	13.8%

*SOURCE = ZipRealty and local MLS.

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