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Winilyme · 12-09-2020, 10:47 PM

I don't really get Zillow. Like many, I check out Zillow's Zestimate of my property periodically and it can vary by hundreds of thousands in very short periods of time (months). I've seen it go up or down in single $50,000 spurts.
Others, Realty Trac, Redfin, etc., always seem lower, more stable and more in line with what I'm thinking makes sense. This isn't just in the current market...it always seems to be this way. Zillow is typically a lot higher.

It would be interesting to know what goes into their algorithm and what makes it so different from the others. Anyone have any insight into this?

12-09-2020, 10:47 PM	#32
Winilyme Senior Member Join Date: Oct 2019 Location: Ice in = CT / Ice out = Winnipesaukee Posts: 440 Thanks: 109 Thanked 264 Times in 140 Posts	Zillow I don't really get Zillow. Like many, I check out Zillow's Zestimate of my property periodically and it can vary by hundreds of thousands in very short periods of time (months). I've seen it go up or down in single $50,000 spurts. Others, Realty Trac, Redfin, etc., always seem lower, more stable and more in line with what I'm thinking makes sense. This isn't just in the current market...it always seems to be this way. Zillow is typically a lot higher. It would be interesting to know what goes into their algorithm and what makes it so different from the others. Anyone have any insight into this?