ZilpyThough you might have seen Zilpy’s BETA site sometime over the past month (they’ve been writing on an AR blog the past couple weeks), Zilpy “officially” launched today with a press release. According to their site, Zilpy is a free online rental market facts and analysis service dedicated to help you make better rental and investment decisions.

I just did a search for “Seattle, WA” and found their Seattle page — wow, there is a lot of useful data relating to the local rental market! Based on the short amount of time I devoted to exploring the site, I think my favorite part of the site is the Rent Snapshot module in the upper left of the page. It is a helpful data point to know the average rent, average square footage, and number of rentals broken down by size of the unit (studio, 1 bedroom, 2 bedrooms, etc), and also to see the price trend over the past year.

seattlerentalsnapshot1.JPG

I’m guessing this is just the beginning of what they are planning on building — for instance, there are currently no details of finding actual properties for rent is difficult at the moment. I think they have a long way to go to catch Hotpads in the rental market, but it seems they are off to a good start.

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4 Responses to “Zilpy - Lots of Market Facts and Trends Related to Local Rental Markets”

  1. Mike Says:
    January 29th, 2008 at 9:05 pm

    There is a way to get to the property details. If you enter a property address in the search, you will get a different page. I took this from their presentation pages, a rent estimate in San Francisco:

    http://www.zilpy.com/US/California/San_Francisco_County/San_Francisco/Zipcode_94123/Van_Ness_Ave_At_Lombard_St/0,0,3,2,0,0,37.80128,-122.4246,1,0

  2. Drew Meyers Says:
    January 29th, 2008 at 9:11 pm

    Mike-
    Good catch — I just updated the post.

  3. St. Louis Real Estate Insights : Find the Most Wealthy (and Poverty Stricken) Parts of Town in ANY City Says:
    February 11th, 2008 at 3:29 pm

    […] to find all types of information. As a regular reader of many other blogs, I ran across a post on GeekEstateBlog that was about a new rental information website, Zilpy. As I delved into this post, I followed a […]

  4. Some Examples of Zillow's Neighborhood Boundaries Integrated -- Zilpy and TeachStreet | Zillow® Blog Says:
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    […] first site we learned of that had integrated the boundary files into their application. I actually wrote about the site over on the Geek Estate Blog back in January. They display the boundaries lines right on the map if you are zoomed into the city level (Seattle […]

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