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Updated about 7 years ago on . Most recent reply
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Best Website for Home Comparables?
Wondering what the best websites are for doing home comps. I know most agents use MLS. Sites like Zilliow can be so far off at times. I am told that each City has a preferred listing / comp. site. The cities that I am focused on are Austin, TX, Atlanta, GA, Raleigh, NC, and Charlotte, NC.
Look forward to any response or info!
Thanks,
Darcy
Most Popular Reply
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I just ran a little experiment,
I went to Homes.com and pulled up a neighborhood. Using the figures on the map I totalled up the home values in excel of all the homes in that neighborhood. I threw out the lowest number and the highest number. and came up with an average of $223,821
I then went into MLS and pulled up the neighborhood in and ran a CMA on the entire neighborhood. The average home SOLD in the last year for $220,00 (1.71% less than the number I came up with using Homes.com) And the average current listing price was $216,500 (3.27% Lower than the number I came up with on Homes.com)
Not Bad, Take it for what its worth.