Zillow Real Estate Market Reports

Second Quarter: April-June 2008

Median U.S. home values continued to slide during the second quarter, declining 9.9 percent from a year ago. This quarter, Zillow has expanded its market report beyond the Zillow Home Value Index and rates of negative equity to incorporate additional housing data in 165 metropolitan statistical areas (MSAs), including:

Market Peak Data - the national and local reports now identify when the market peaked, the median value at the peak and the change in value since the peak.

Market Distress Signals - the national and local reports now break down the percentage of homes sold for a loss and percentage of homes that sold in foreclosure along with the housing turnover rates of less than one year. These are detailed by quarter since Q1 2003.

To see home value trends, negative equity data and other new data, click on the Excel icon* below to view the designated report or click the graph icon to see related graphs and maps. Details for each market may also be accessed by using the interactive map below.

For more information about Zillow's Q2 Real Estate Market Reports, including the press release, additional graphics, and quarterly conference call dial-in and replay details, or to access the Zillow Q2 Homeowner Confidence Survey, visit the special Real Estate Market Reports section in the Zillow press room.

* These spreadsheets may not load properly in some versions of Excel. You may save a file to your computer then open using Excel or contact press@zillow.com to receive a file via email.