Real Estate Trulia (2024)

FAQs

Are Zillow and Trulia the same company? ›

The Merger of Zillow and Trulia

Like Zillow, Trulia is also an online residential real estate website that connects home sellers with buyers, renters, and real estate professionals in the United States. With a business model similar to Zillow's, Trulia was acquired by Zillow Group in 2015 for $3.5 billion.

Los Angeles, CA housing market

In April 2024, the median listing home price in Los Angeles, CA was $1.2M, trending up 2.5% year-over-year. The median listing home price per square foot was $718. The median home sold price was $1M.

Zillow: Redfin is more accurate when valuing homes. Both Zillow and Redfin give homes an approximate value, but the Zestimate provided by Zillow has proven slightly less accurate than Redfin's estimate. Final numbers depend significantly on the local market and demand for a property in your particular location.

There were 240 active homes for sale. That is a huge difference! This means that Zillow is only showing 63% of the listings for sale in the 40245 zip code. Just imagine how many homes you may be missing out on if you are not searching on a local real estate website that has a direct feed from the local MLS.

Zillow. Zillow's Zestimate is one of the best-known home value estimators out there, and like many of its competitors, all you need to use it is the home's address. Per the company's website, the median error rate is 3.2 percent for on-market homes and 7.52 percent for off-market homes.

As a rule of thumb, a good salary in Los Angeles is between $100k and $200k gross per year. Based on the cost of living in Los Angeles, this should come down to a minimum of $76,710 yearly after taxes.

Are housing prices in LA dropping? ›

Los Angeles Housing Market Trends

In April 2024, Los Angeles home prices were up 12.4% compared to last year, selling for a median price of $1.0M. On average, homes in Los Angeles sell after 40 days on the market compared to 42 days last year. There were 1,637 homes sold in April this year, up from 1,461 last year.

The real estate trade association determined that local households needed to earn at least $192,800 per year in order to afford L.A. County's 2022 median home price of $849,410. Those figures assumed buyers had enough money on hand for a 20% down payment.

Which state has the highest median home price? California. The Golden State's median price tag of $793,600, per November 2023 Redfin data, was more expensive than any other state in the country.

Zillow, Inc. today announced it has completed its previously announced acquisition of Trulia, Inc. for $2.5 billion in a stock-for-stock transaction, and formed Zillow Group, Inc. (NASDAQ:Z), which houses a portfolio of the largest and most vibrant U.S. real estate and home-related brands on mobile and the Web.

Zillow's biggest competitor is Redfin, an online real estate brokerage that provides home value estimates and other tools for home buyers and sellers. It seeks to disrupt traditional brokerages like Zillow's Premier Agent and Broker advertising services.

Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 by Rich Barton, Zillow's current CEO, and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current ...

How Accurate Are Trulia Estimates? Trulia Estimates are identical to Zillow Zestimates because both websites use the same data. The only difference is that Zillow Zestimates show both on-market and off-market properties, but Trulia only shows off-market estimates.