Zillow Group C Sees $191 Million Trading Volume Amidst 34.74% Decline in Volume and 3.37% Stock Price Increase

On March 24, 2025, Zillow Group C(Z) saw a trading volume of $191 million, marking a 34.74% decrease from the previous day. The stock price rose by 3.37%, marking the fourth consecutive day of gains, with a total increase of 5.83% over the past four days.

Zillow Group recently conducted a data analysis revealing that home sellers who chose not to list their properties on a Multiple Listing Service (MLS) incurred significant financial losses. Over the past two years, these sellers collectively lost more than $1 billion. The analysis showed that homes sold off the MLS typically fetched 1.5% less than those listed on the MLS, resulting in an average loss of nearly $5,000 per seller. This disparity was even more pronounced in predominantly nonwhite communities, where off-market homes sold for 3.2% less than MLS-listed homes, amounting to a loss of $9,850 per listing compared to $3,700 in majority white neighborhoods. The data also indicated that Hispanic and Black home sellers were more frequently guided toward private listings by agents, exacerbating the financial impact on these communities.

Zillow's senior economist, Orphe Divounguy, emphasized the importance of transparency in the housing market to prevent such inequities. He noted that off-market listings not only harm sellers but also limit exposure to potential buyers, potentially deepening long-standing real estate disparities. The findings underscore the need for greater transparency and fairness in the housing market to ensure that all sellers receive equitable treatment.