Zestimates During Frenzy

Written by Jim the Realtor

April 4, 2021

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.

2 Comments

  1. Debbie White

    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.

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