Industry NewsTechnology

Blog values Zillow at $225 million

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

A tech blog estimates that online real estate valuation and marketing company Zillow is worth about $225 million, though the blog acknowledged that it lacked detailed financial information for the company. This valuation, by the New York-based Silicon Alley Insider blog, is based on $87 million raised through three rounds of financing, the real estate market downturn, a "relatively flat growth rate," and "the challenge of compiling accurate estimates of house values." The blog said Zillow draws about 2.2 million unique U.S. visitors a month, based on Compete statistics. Amanda Hoffman, a Zillow spokeswoman, said today that she couldn't comment on the accuracy of the blog's valuation. "As a private company we don't comment on our valuation," she said. Zillow's internal statistics indicate that the site had 5.2 million unique users last month, Hoffman also said. Zillow had a 2.2 percent market share of all visitors to real estate category Web sit...