Online real estate marketplace giant Trulia posted a record fourth-quarter revenue of $20.6 million, up 75% year-over-year, according to the company’s quarterly and yearly report.
Additionally, marketplace revenue in 4Q12 rose 90% year-over-year to $13.9 million and media revenue grew 51% to $6.7 million year-over-year.
Total revenue for 2012 was $68.1 million, up 77% year-over-year.
Looking forward, revenue in 2013 is expected to range between $20.8 million and $21.2 million. This represents a 71% to 74% year-over-year growth, the report noted.
“We helped a record number of consumers find a great place to live, while connecting over 24,400 subscribers with those transaction-ready consumers,” said Chief Executive Officer Pete Flint of Trulia.
He added, “We finished the year on a resounding note, achieving record quarterly revenue, a rapid increase in mobile traffic, and strong subscriber growth.”
Monthly visitors in 4Q12 increased 50% from 15.7 million to 23.6 million users. Also, mobile visitors in the quarter were 5.8 million, an increase of 119% from 2 million in the same period last year.
New contributions to user-generated content totaled 810,000 during the quarter, up 84% from 441,000 last year.
Click on the graph to view year-over-year vistors to Trulia.
Trulia announced various innovations during 4Q12 including a strategic partnership with PRIMEDIA, Trulia Mortgage Center and Windows 8 Trulia application.
“We are well positioned to grow in 2013 as the real estate market continues its recovery,” Flint said.
