EMERYVILLE, CA-The most prominent online-powered residential real estate brokerage firm and real estate marketing solutions provider has released the latest edition of its Housing Trends Report, which shows some initial signs of stability in the residential market, based on MLS data analyzed by ZipRealty.

“The trajectory of the real estate market as evidenced in the latest edition of ZipRealty's Housing Trends Report is one of moderation with underlying strength,” according to Van Davis, ZipRealty's president of brokerage operations. “Home listings, median days on market and pending sales all remained relatively unchanged over the past six weeks. Additionally, the increase in median home prices moderated from 16.8% year-over-year in our last report to a still-strong 15.8%,” he adds.

“Home listings remained 12% above 2012 levels as of July 31, 2013 at 170,492 in the markets we serve. As we noted in the last Housing Trends Report, several metros on the West Coast, which have had the greatest supply imbalances, are now seeing the biggest increases in listings. Listings grew 34% in Denver, 25% in Washington, DC/Northern Virginia, 24% in Portland, 22% in Orange County, and 21% in both Seattle and San Diego,” Davis added.