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Zillow’s Stats Are Full Of Shit

For years I have been frustrated with Zillow's Zestimates.  I have countless cases where the sales prices of homes were wildly different than the Zestimates.  They cause confusion and frustration every time I hear them brought up.  Today was a breaking point. Even today, many years after they first started playing pin the price on the donkey, in my market they are STILL only within 10% of the sales price 53% of the time and 22% of the time, or over one in every five homes, they are off by more than 20%! … [Read more...]

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TwinCitiesRealEstateBlog.com is not a Multiple Listing Service MLS, nor does it offer MLS access.
This website is a service of Aaron Dickinson of Edina Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.