Zillow just introduced a series of planned quarterly reports on home values in five areas: Seattle, San Francisco, Los Angeles, Phoenix and South Florida. Zillow spokeswoman Amy Bohutinsky said the company is sitting on “a mountain of data about millions of homes” and wanted to present some of the interesting trends that emerge from slicing and dicing the data.

“We take the patterns we see in current sales and apply them to all homes, regardless of whether they sold or not,” Bohutinsky said, adding that Zillow’s system rules out inconsistencies that may occur if an inordinate number of high-end or low-end homes sold during a set period.

For more information on this and other real estate matters, your first source for Palm Beach real estate should be licensed agent and long-time resident Caesar Parisi.

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