Real estate data geeks and curious consumers will have a lot more information to sort through on real estate search site Trulia.com after the company unveils a handful of new tools on Monday.

The San Francisco-based company is using its own search trends as well as county records to show home buyers which neighborhoods have the most real estate action.

Consumers looking for home listings at Trulia will be able to drill down to neighborhood statistics and gain a sense of real estate activity there by viewing the number of active property listings in that neighborhood, the average price relative to the entire city or town, and how often it is searched by others on Trulia.

The company said it is also adding interactive “heat” maps for every major city that show at-a-glance metrics such as average property listing price, average sales price, median sales price, average price per square foot and how much search traffic it has received on Trulia. The company says the new tools will help consumers make more informed buying decisions. Knowing what kind of search traffic a neighborhood is getting could indicate where the next real estate hot spots are located.

In addition to the new neighborhood statistics and heat maps, Trulia will also release a new comparison tool that will show comparable homes for sale as well as recently sold properties to give consumers a view of how their house compares. The recently sold data is based on county records, a company spokesperson said, and the for-sale data is based on property listings that appear on Trulia.

Trulia, which launched in 2005, gets its listings from partnerships with real estate brokers. The site shows photographs and basic listing information and includes a link to the listing broker’s site for more details.

Trulia says it currently has partnerships with two-thirds of the top 150 real estate brokers and that consumer usage of the search site has grown 50 percent monthly over the last four months, while links out to broker Web sites have grown more than 60 percent monthly during that time.

Company officials also said that Trulia will expand its search service to cover markets in all 50 states next week.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Real estate news and analysis that gives you the inside track. Subscribe to Inman Select for 50% off.SUBSCRIBE NOW×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription