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Updated over 2 years ago on . Most recent reply
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Question about sales history on Zillow
Hi folks,
I've started browsing Zillow, etc, to get a sense of homes for sale in my target market and I've noticed a pattern on quite a few listings. I'm curious what's going on:
A house sells for $70k in 2017.
It sells again in 5/2022 for $205k.
And then, a month later, it's listed again, typically for about $50k more.
What's going on here? Is this a BRRR refinance? Does the flipper sell to an investor who then is just trying to make a quick buck? I see this pattern on quite a few listings:
Just curious. Thanks!
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@Lewis Vine
I wouldn’t trust Zillow sales data
- Chris Seveney
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