10 August 2006
File under "WTF?"
I have defended Zillow.com's Zestimates in the past, but I'm thinking maybe they've finally gone off the deep end after all. My semi-regular once-every-three-weeks search on my own house produced this implausible statistic:
1 week change: + $20,329
In one week? Does this look like the freaking San Francisco Bay Area?
I was sufficiently alarmed to pull up the County Assessor's listings. They haven't changed. The only thing I can conclude is that some poor souls overpaid for housing stock in this neck of the woods and all the comps were dragged up commensurately.
We'll see how long this number lasts: $117,695. I give it a week.Posted at 6:02 AM to Surlywood
TrackBack: 4:39 PM, 11 August 2006
» Good for a giggle from Dan and Angi have something to say
If you live in the OKC metro, have a giggle and put your address in at Zillow.com for analysis. Zillow's estimates have always looked good when I compared them to neighborhood sales. Until today. Zillow reports that in the last week, ......[read more]