Zillow Real Estate Market Reports

Third Quarter: July-September 2008

U.S. home values continued to slide for the seventh consecutive quarter, declining 9.7 percent from a year ago, and falling 12.8 percent since the market peak in 2006. This is also the first quarter a significant number of markets show flat or negative five-year annualized change. Additionally, one-third of homes sold in the past 12 months sold for a loss, and 14.3 percent of all homeowners have negative equity.

Zillow Q3 Real Estate Market Reports track 163 metropolitan statistical areas (MSAs) throughout the U.S., identifying market trends including, but not limited to: five and 10-year annualized change, homes selling for a loss, negative equity and foreclosure transactions.

To view this data for the nation and 163 MSAs, click on the Excel icon below to see the report or click the graph icon to see graphs and maps suitable for printing. Scroll and click the interactive map to explore each metropolitan area.

For more information about Zillow Q3 Real Estate Market Reports, including the press release, additional graphics, or to access the Zillow Q3 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.