Redfin Launches Neighborhood Analytics
By Anthony Longo 13 08 2008This is some very cool stuff. We love to see a continuous push on technology in this real estate spectrum. Glenn Kelman and Team continue to push the envelope. Also rumor has it Redfin obtained profitability last month…any confirmation on that?
Press Release via Redfin Corp.
Online real estate broker Redfin today released a major new version of Redfin.com that allows consumers to evaluate neighborhood inventory and pricing trends, using data previously accessible only to real estate agents. For each neighborhood, city or postal code covered by Redfin, consumers can view new listings, price reductions, open houses and trends on how many homes are selling, how long they are taking to sell and at what price.
No other website provides metrics for each neighborhood from the Multiple Listing Services used by brokers to list properties and record sales.
“Housing numbers for all of Boston or Los Angeles don’t mean much to someone shopping in a particular neighborhood, which may be holding up while prices across the tracks are collapsing,” said Redfin VP of Real Estate Operations Scott Nagel. “This is the first time consumers have gotten data at the neighborhood level they can trust, straight from the agents actually putting properties on the market.”
The new version of Redfin.com also lets consumers map their favorite listings, organize Redfin-assisted home tours, and evaluate the Redfin agents with whom they’ll be working; for each Redfin agent, consumers now can see the details on every recent home she has helped buy or sell. Finally, the release adds thousands of for-sale-by-owner listings from Redfin partner Zillow.com, extending Redfin’s advantage in showing more houses for sale in its coverage areas than any other site. Continue @ Redfin Blog
We Love Redfin in Seattle, D.C. SF, LA & Orange County….but remember to call us when your looking to buy in Boston ![]()




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