The Guardian newspaper in the UK has released a report that shows that in some suburbs, OnTheMarket has significantly more listings content than Zoopla while in others, they are still significantly behind.
Overall, the paper is reporting that "On 19 January, a week before the launch of its rival, Zoopla was listing 325,956 properties for sale in England. On 4 March it was listing 265,231, a fall of 19%."
Unsurprisingly in some markets Zoopla is leading while in others, OnTheMarket has its nose in front. "For example, in Harrogate, Zoopla was this week listing only 138 properties compared with 343 on OnTheMarket, and 529 on Rightmove. But in Exeter, OnTheMarket could only muster 171 properties compared with 719 for Zoopla and 726 for Rightmove."
The result of all of this is that Zoopla's share price is under pressure. "The website came to the London stock market last June, with its shares reaching 269p in July, valuing the company at around £1bn. But this week it was trading at around 172p, a fall of a third from its peak, and substantially below its original float price."
Here is a link to the full article in the Guardian.