Today:
This isn’t the type of environment that you should put much stock in your latest zestimate.
A month ago, on March 3rd, the zestimate was $1,336,035.
Today, on April 4th, it is $1,723,510.
Zillow wants you believe that their zestimates are within 1.9% of being right. But if you would have sold this home to them for the latest zestimate amount, you still would have left $100,000+ on the table.
It’s everywhere and it stinks. The Zilldoes are trying to steal equity.
https://www.realtor.com/realestateandhomes-detail/1710-Natalie-Pl_Oxnard_CA_93030_M14265-38800
This one would have left $250k on the table. The Z had this In the low $5s. Listed for $7. Selling for $8 in one weekend of 8 offers.
Notice I used the R site so as not to drive traffic and yes you can steal “Zilldoes.”
I love the nickname. They are off even more in non-disclosure states. I’ve seen them wrong by more than 50% in either direction.